Zimbabwe: Govt Gets Nod to Start Selling Diamonds

source: allAfrica
The Nation (Nairobi)
Kitsepile Nyathi
27 April 2010

Harare — A High Court judge has given the cash strapped Zimbabwe government the nod to start selling diamonds from a controversial diamond field whose exploitation has been met with sharp criticism from human rights groups.

President Robert Mugabe’s administration in 2006 seized mining claims from the British registered Africa Consolidated Resources accusing the firm of illegal mining in the country.

After years of uncontrolled mining and smuggling of diamonds, the government last year gave the claims two companies that have partnered the Zimbabwe Mining Development Corporation to start commercial mining.

ACR had approached the High Court seeking an interim order interdicting the Minerals Marketing Corporation of Zimbabwe, ZMDC and the two companies from selling the precious stones from the Chiadzwa diamond fields.

The company argued that it still owns the claims from which the [continue reading]

Advertisements


%d bloggers like this: