[miningmx.com] — ZIMBABWE would like to have all alluvial diamond mining conducted by the state, Finance Minister Tendai Biti said on Wednesday.
“There is consensus in government that there has to be a new Diamond Act that says alluvial diamond mining in Zimbabwe be conducted by and through the state,” Biti said in a mid-term budget speech.
Alluvial diamonds are diamonds that have been removed from the kimberlite by natural erosion and deposited in new environments such as a river bed, an ocean floor or a shoreline.
