Zimbabwe to Nationalize Mines

Gem Investing

Reuters Africa reports that Zimbabwe is planning to obtain stakes in foreign-owned diamond mines currently operating in the country.

Reuters Africa reports that Zimbabwe is planning to obtain stakes in foreign-owned diamond mines currently operating in the country.

The market news is quoted as saying:

Zimbabwe’s government announced last year it would nationalise all alluvial diamond mines in Marange, in the east of the country.

To read the full market news, click here.

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