Government to own all alluvial diamonds


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Zimbabwe’s cabinet has unanimously agreed that the State should own 100 percent of all alluvial diamond mining activities, reports said today.  The State would also own a minimum of 51 percent for other minerals including non-alluvial diamonds and communities would own 10 percent of gross profit from mining activities in their areas.

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Charles Rukuni
The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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