De Beers won't bid for BHP's stake in Ekati

De Beers, the world's largest diamond miner, considered a bid for BHP Billiton's 80 percent stake in the EKATI diamond mine, but it has decided not to submit an offer for the asset, according to multiple sources involved in the process. Photo: CorbisDe Beers, soon to be majority owned by miner Anglo American, entered the auction process late and examined the possibility of an offer, which would have been its first acquisition under its new chief executive and one of its largest. EKATI would

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