IGE and Pangea Diamondfields to Merge

International Gold Exploration (IGE) has stated that it will purchase Efidium Ltd, a subsidiary of Pangea Diamondfields, in a deal that will merge the two companies’ diamond assets. The merger, announced by Pangea on Monday, will consolidate Pangea’s five diamond projects in Angola, the Democratic Republic of the Congo (DRC) and South Africa with IGE’s four diamond ventures in Angola.

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