Rio not majorly affected by Zim diamond ban

[miningmx.com] — Global miner Rio Tinto said on Thursday it had not suffered significant loss from Zimbabwe’s ban on diamond exports and the interuptions to shipments from the country were limited.

Zimbabwe banned all diamond exports on May 28 until stones from the government’s controversial Marange fields were certified by industry regulators.

“The ban has caused limited interruption to shipments,” a Rio spokesperson said by email in response to questions. “There has been an impact (on finances) but it is not significant for Rio Tinto,” he said.

“Rio Tinto is in disscussions with the government of Zimbabwe and is hopeful of resolving the ban shortly.”