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MEI Online: Commodities: Non-Metallic Ores: Diamond: Latest News: September 6th 2012

 
 

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:: Lonrho Mining Finds Big Diamonds in Angola

West Australian based Lonrho Mining company has unearthed two of its biggest finds at the Lulo diamond project in Angola. The company confirmed on Tuesday that it had uncovered a 131.5 carat diamond, the largest yet found on the concession, and a 38.3 carat diamond, which is the third largest uncovered since the opening of a dense media separation plant onsite in 2010. The company is yet to have the pair valued.

Managing director Miles Kennedy said the dual find reinforces the potential of the African site. "Given the incredible size of this diamond, there is little doubt the kimberlite source is very close by," Mr Kennedy said in a statement.

The Lulo project is operated as a joint venture between Lonrho and the Angolan government-owned Endiama. Lonrho is about to commence drilling at 61 targeted kimberlite sites throughout the project, which spans about 3,000 square kilometres.

 

 

   

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