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Zimbabwe: Government Nationalizes Diamond Mining

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AFRICANGLOBE - The Zimbabwean government will bring all diamond mining operations in the country under one firm in which the State will have a 50 percent shareholding, Mines Minister Walter Chidhakwa announced on Thursday, adding that the miners have until Monday to accept the proposal.

‘Shape Up Or Ship Out’ Zimbabwe Tells Foreign Diamond Mining Firms

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AFRICANGLOBE - Zimbabwe's government has laid strong terms on its demands that diamond mining companies extracting the gems in Chiadzwa should invest more funds to exploit deep seated conglomerates or risk losing their mining licences.
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