GOVERNMENT has licensed three more diamond investors to extract the gems in Chiadzwa, a senior official has said in the government sponsored Herald newspaper.
Minister Tapiwa Mashakada told a pre-budget seminar that the licences were granted to Sino-Zimbabwe, a joint commercial entity between the Chinese government and Zimbabwe with business interests in various sectors.
Another Chinese company Anjil and Pure Diamonds were also given concession in Chiadzwa diamond fields, said the minister.
Mbada Diamonds and Canadile Mining were the only two companies mining in Chiadzwa in partnership with State-owned Zimbabwe Mining Development Mining Corporation.
Government, however, pulled out of the Canadile joint venture amid allegations that key shareholders of its partners, Core Mining, could have been involved in blood diamond deals.
“We now have five mining companies operating in Chiadzwa diamond field,” said Minister Mashakada, stressing the need for accountability so that Zimbabweans can fully benefit from diamond revenues.
source: Herald
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