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Lonrho Mining Posted: Thu, 15 May 2008 [miningmx.com] -- Lonrho Mining, the diamond exploration company 23.01% owned by AIM-listed African investment company Lonrho (LAF), has discovered an "exceptional" 61.30 carat fancy yellow diamond at its Schmidtsdrift mine in the Northern Cape, said I-Net Bridge. "The diamond is octahedron in shape and is expected to yield a high value," Lonrho plc said in a statement to the JSE. The Schmidtsdrift mine, which is 80% owned by Nare Diamonds and 20% held by the Schmidtsdrift Communal Property Association, comprises six contiguous farms along the western bank of the Vaal River.
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