Trans Hex, an alluvial diamond miner, has posted results showing the deep financial difficulties it is contending with as its operations in SA posted an operating loss, as well as its current liabilities swamping its current assets.

JSE-listed Trans Hex has sold its Lower Orange River operation for R72m, while it also has its 67% stake in West Coast Resources, the company owning the former Namaqualand diamond assets of De Beers, in a sales process.

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