Brut International Group, a Ramat Gan based company, announced on September 29, 2005, of a successful completion of its first tender sale of rough diamonds in Israel.
Canadian diamond prospecting and mining company Monroe Minerals Inc. announced October 3 that it plans to raise up to Can. $3.5 million (U.S.$2.96 million) through a private placement.
Monroe said it will use the proceeds of the offering for diamond exploration and development in southern Africa and for general working capital.
Toronto Stock Exchange-traded Monroe is focused on kimberlite exploration in southern Africa.
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