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Lonrho sells up to fund Angolan diamond project

DIAMOND explorer Lonrho Mining has agreed to sell off its interest in a South African diamond mine following a $US13.35 million ($A15.45 million) deal with New African Mining.

Charlotte Dudley

Lonrho sells up to fund Angolan diamond project

Australia-listed, Africa-focused Lonrho signed an exclusive option agreement with South African diamond miner New African Mining over its prospecting rights and associated mining equipment at the Schmidtsdrift...

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