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No agreement yet on Zim diamond future

Investing News Network
Nov. 05, 2010 11:37AM PST
Gem Investing

SW Radio Africa News.com reports that there has not yet been an agreement between the Kimberly Process and officials in the Zimbabwean diamond trade.

SW Radio Africa  News.com reports that there has not yet been an agreement between the Kimberly Process and officials in the Zimbabwean diamond trade.

The story is quoted as saying:

Zimbabwe was once again top of the KP’s agenda, with the group bickering amongst itself over whether to allow full diamond exports from the country to resume. Sales were barred last year over rampant human rights abuses at the Chiadzwa diamond fields, where possibly the richest alluvial diamond deposit in the world has been discovered. In 2006 the ZANU PF regime forcibly took over the fields and brutally clamped down on the entire area, using the military to unleash a campaign of violence, death, forced labour, and smuggling.

To access the full story, click here.

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