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RAPAPORT… DiamondCorp announced sweeping retrenchments on Monday, saying talks with
its lender and a mining union had failed to end in an agreement.
The miner’s business-rescue practitioner had been in
discussions with the Industrial Development Corporation of South Africa (IDC) —
its lender — and the Association of Mining & Construction (AMCU). The talks
followed DiamondCorp subsid…

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