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Zimbabwe Government to Take Control of Mines
Dec. 09, 2010 11:26AM PST
Gem InvestingBloomberg.com reports that the Zimbabwean government is set to take over complete control of alluvian Diamond mines, and 51% of other mines within the country
Bloomberg.com reports that the Zimbabwean government is set to take over complete control of alluvian Diamond mines, and 51% of other mines within the country.
The story is quoted as saying:
The cabinet made a decision that diamonds belonged to the state and must benefit the people of the country, the Harare- based newspaper said, citing Kasukuwere. Government officials will hold talks with South African and Chinese companies working in partnership with the state at the Marange diamond field