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Zimbabwe's president kicks out private diamond miners

Rockinruby

Ideal_Rock
Joined
Dec 27, 2013
Messages
2,740
Zimbabwe's president kicks out private diamond miners, nationalizes industry.

Zimbabwe Robert Mugabe on Monday ordered the expulsion of eight foreign diamond mining companies and turned over all mining overations to the newly formed, government-run Zimbabwe Consolidated Diamond Co.

Several companies abandoned their equipment including: Anjin Investments Ltd., the Diamond Mining Co., Jinan Mining Ltd., Kusena Diamonds, Marange Resources Ltd. and Mbada Diamonds. These organizations were invited to nationalize their assets but they chose to stay as private entities and give up whatever little political capital was built up.

http://www.news24.com/Africa/Zimbabwe/zimbabwe-seizes-unlicensed-diamond-mines-20160222-5
http://www.upi.com/Top_News/World-N...zes-industry/8071456157443/?spt=fio&or=tn_int
 
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