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    Zimbabwe could lead diamond producers in three years

    Investing News Network
    Oct. 18, 2010 10:36AM PST
    Gem Investing

    Zimbabwe could soon become a top diamond producing country in the world and output from Marange could easily top 40 million carats in three years, Mines and Mining Development Minister Obert Mpofu has said. “The two diamond-mining firms are extracting diamonds from 1 000-hectare land. We have the remaining 76 000 hectares land having a huge […]

    Zimbabwe could soon become a top diamond producing country in the world and output from Marange could easily top 40 million carats in three years, Mines and Mining Development Minister Obert Mpofu has said.

    “The two diamond-mining firms are extracting diamonds from 1 000-hectare land. We have the remaining 76 000 hectares land having a huge reserve of diamonds. If it is exploited then we may become the world’s top diamond producing country,” said Minister Mpofu.

    For the full story, click here.

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