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De Beers puts Kimberley, its oldest diamond mine, up for sale
De Beers, the world's largest mining company, still controls around onethird of global rough diamond sales, on par with Russia's Alrosa and far ahead of rivals like Rio Tinto, which sells about 10 per cent. The company, now owned by Britishlisted Anglo American, has mines in South Africa, Namibia, Botswana and Canada.
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The Bakerville Diamond project is loed about 20km north of Lichtenburg town in South Africa. The deposit lies within the Lichtenburg Diamond Fields, about 250km west of Johannesburg. The licence is owned by Innovage Resources (74%), a subsidiary of Pangea Diamonds South Africa (PDSA).
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