Will BHP Sell Its Diamond Operations?

Forbes reported BHP (NYSE:BHP,ASX:BHP,LSE:BLT) is considering selling their diamond operations in Canada.

As quoted int he market news:

While a final announcement probably won’t come until January of 2012, BHP is almost certain to look for the exit with this business. BHP, like most large miners, wants to focus on large, long-lived, expandable asset bases. To that end, this diamond business just doesn’t fit the bill.

Click here to read the full Forbes report.