Zimbabwe’s $20bn of “Disappeared” Diamonds

Corruption in Zimbabwe has cost the country at least $20bn in “disappeared” rough diamonds, according to veteran economist and former member of parliament Eddie Cross. He accuses the late Robert Mugabe, who served as prime minister from 1980 to 1987, of personally helping himself to $1.3bn of diamonds. “We still suffer from massive leakages of … Read more

Zimbabwe Mine Running out of Diamonds

Murowa mine Zimbabwe

The Murowa mine, in Zimbabwe, reported a 15 per cent drop in its diamond production for 2020 as known deposits begin to run dry. Owners RioZim said it was exploring sites near the three kimberlites pipes currently being worked in the southern central Midlands Province. Rough output in the year ending 31 December 2020 from … Read more