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Government to own all alluvial diamonds

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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