Wiese buys stake in diamond mine


Christo Wiese

South Africa’s richest man, Christo Wiese‚ sees opportunities to consolidate diamond operations in the region after buying a stake in a Cape Town-based miner of the precious stones.

Wiese‚ 74‚ has always been fascinated by diamonds and saw good value in Trans Hex‚ he said.

“There are opportunities for consolidating diamond operations in Southern Africa‚” he said.

“Obviously, we will look at growing the business as much as we can.”

– Bloomberg

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