ANGLOVAAL Mining (Avmin) has signalled its intention to dispose of its stake in the Saturn diamond partnership to De Beers in a deal that could net it close to R40-billion. The Saturn Partnership is a 50% stakeholder in the pretax profit of Venetia Diamond mine, the richest diamond mine in SA. De Beers receives the other 50% of the pretax profit of Venetia, as well as being in charge of the management of the mine. Avmin owns 87,5% of Saturn partnership, while the other 12,75% is owned by Industrial and Commercial Holdings (ICH). Valuations of the partnership are difficult to come by, but analysts said they would be surprised if the deal was struck at less than R4-billion.