Lonrho Unearths Large Diamond In Angola

Bloomberg reported a diamond bigger than the Koh-i-Noor has been unearthed by Australia’s Lonrho Mining Ltd. (ASX:LOM) in Angola.

As quoted in the market news:

The 131.5 carat diamond was the bigger of two stones discovered since the Lulo project near the Cuango river in northeastern Angola was started two years ago, Perth-based Lonrho said today in a statement. The other was a 38.3 carat stone that made it the third-biggest diamond found from the site, Lonrho said. A carat is a fifth of a gram.

Click here to read the full Bloomberg report.