Zimbabwe to take over all diamond mines: Mugabe

Zimbabwe saw diamond production fall by 36 percent to 420,000 carats in the first five months of 2015, from 660,000 carats in 2014Zimbabwean President Robert Mugabe has announced that the government will take over all the country’s diamond mines to stop foreign firms from syphoning off gems without declaring them. “We have not received much (money) from the diamond industry at all,” Mugabe said in a two-hour interview screened late Thursday by state broadcaster Zimbabwe Broadcasting Corporation. Mines Minister Walter Chidhakwa last month announced the government had seized diamond mines in the eastern Chiadzwa district after their licences expired.

Share this article