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Russians in $1.6 billion platinum mining deal

By Nomalanga Moyo SW Radio Africa 05 August 2014 A Russian consortium is set to invest $1.6 billion in a platinum mining project at Rushchrome Darwendale, following a deal with the Zim government last week. Finance Minister Patrick Chinamasa and Mines Minister Walter Chidhakwa were in Russia recently to...

Government bans rough diamond export

By Mthulisi Mathuthu SW Radio Africa 24 July 2014 Government this week banned the export of rough diamonds, in a move which mines minister Walter Chidhakwa claimed was meant to ensure Zimbabwe gets maximum value for its minerals. Chidhakwa told a conference in Bulawayo Wednesday that cabinet agreed that it...

Merging of diamond firms dismissed as meaningless

By Tererai Karimakwenda SW Radio Africa 23 July, 2014 The government has gone ahead with plans to merge diamond mining firms in Marange, claiming this would “streamline their operations and ensure accountability of proceeds”, according to the state run Herald newspaper. But the plan was dismissed by the...

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