Govt to announce diamond policy

MINES minister Winston Chitando says he expects to announce a diamond policy later this month, which will also regularise the operations of the State-owned Zimbabwe Consolidated Diamond Company (ZCDC).

The policy is expected to lead to the unbundling of ZCDC and put legal requirements for mining companies to have corporate social responsibility programmes.

ZCDC was established in 2015 after government cancelled licences of miners in the Chiadzwa fields and consolidated all the diamond mining concessions in the area under ZCDC.

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