VANCOUVER, British Columbia (Reuters) - SouthernEra Resources Ltd. is considering splitting its platinum from its diamond interests into two separately listed companies, the Toronto and London-listed mining company said Tuesday.
SouthernEra's key asset is a 73.1 percent stake in Messina Ltd., a South African producer of platinum.
Its chief diamond asset is the marginal Klipspringer mine, also in South Africa. SouthernEra temporarily shut down diamond production at the site in December, blaming a stronger rand for making the operation unprofitable.
It plans to restart mining when the rand depreciates. The firm also has diamond interests in Angola and other parts of Africa, and Canada and Australia.
