Non-Binding MoU 3-16-2018 If the proposed acquisition is approved, the two diamond miners will incorporate properties owned by Kennady into their Gahcho Ku joint venture, De Beers said in a statement..
“[The planned purchase] opens up some potential new options for the operation’s future, and while further work would be required on the resource and there would need to be agreement on commercial terms, the signing of this non-binding MoU makes sense for both parties as we consider how our partnership might develop,” Kim Truter, chief executive of De Beers Canada said.
https://www.mining.com/de-beers-mountain-province-go-kennady-diamonds-expand-joint-canadian-mine/