Firms Apply for Diamond Licenses as Zimbabwe Softens Ownership Blow


"The government received 400 applications, despite an international ban on gem exports from the rich Chiadzwa fields.", Frik Els

Zimbabwe's mines minister on Thursday told delegates at a conference in the capital Harare that the government has received 400 applications from companies interested in mining diamonds, despite an international ban on the export of gems from the rich Chiadzwa alluvial fields.

The news comes as Zimbabwe appears to scale back its ambition to force foreign miners to hand over majority ownership with the minister saying the country would not suspend any mining permits and that exceptions may be made to the so-called indigenization laws. . .View full article

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