Category Archives: Zimbabwe

Diamond deposits run out in Zimbabwe & massive layoffs expected

zimbabwe-as-diamond-deposits-image www.worldwidediamonds.info

Diamond mining firms operating in Zimbabwe’s Marange deposit are expected to cut around 400 jobs this week as it has become economically unviable for them to dig any deeper for the precious stones.

Chinese firms Anjin and Jinan are among the miners that have already ceased operations and will be shutting down mines

According to AllAfrica.com, Chinese firms Anjin and Jinan are among the miners that have already ceased operations and will be shutting down mines because Marange has run out of alluvial diamond deposits. These rocks are those close to the surface and so easily extractable through open cast mining.

Marange is the largest diamond discovery in generations image www.worldwidediamonds.info

Some experts believe that Marange above is the largest diamond discovery in generations but the find has been dogged by allegations of human rights abuses and corruption going right to the heart of Robert Mugabe’s government.

The news doesn’t come as a surprise. Late last year the country’s Mines Minister, Walter Chidhakwa, acknowledged the issue and warned the existing miners had neither the expertise nor the resources to search for new deposits underground the country’s current major diamond source.

Henry Sapiecha

pink diamonds line image www.worldwidediamonds.info