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Govt approves $400m 5-year #diamond mining project

The government has approved a US$400 million five...

Govt approves $400m 5-year #diamond mining project The government has approved a US$400 million five...

World Diamond News
Govt approves $400m 5-year #diamond mining project

The government has approved a US$400 million five year diamond mining project to increase the value of returns in the capital intensive but viable industry.

Renewed interest in the diamond mining sector is being anticipated to increase value and production at a time when there is a transition from the alluvial precious gems to the conglomerate mining systems.

While diamond volumes have since January been on an increase, it is the need to realise full potential in terms of returns that has seen the government setting aside a budget of US$400 million for expansion in the next five years.

READ MORE: http://www.zbc.co.zw/govt-approves-400m-5-year-diamond-mining-project/

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