THE SMART NEWS SOURCE | Feb 10 2012 23:05 | LAST UPDATED Feb 10 2012 23:05 |
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Mugabe: Diamonds can revive Zim economyZimbabwe President Robert Mugabe said on Tuesday his nation will sell its massive reserves of diamonds despite not receiving authorisation. Diamond watchdog talks on Zim failMembers of a diamond watchdog have failed to reach consensus on whether to allow Zimbabwe to resume trade in gems from its Marange fields. Diamond watchdog talks deadlocked over ZimTalks between members of the Kimberley Process diamond watchdog were deadlocked on Thursday over whether to allow Zimbabwe to resume trade. Zimbabwe bans diamond exportsZimbabwe has banned exports of diamonds until the Kimberley Process regulator approves the sale of gems from a field plagued by human rights abuses. Living up to diamondsDe Beers would have preferred to have seen Zimbabwe temporarily suspended from the Kimberley Process, writes Nicky Oppenheimer. Zim faces possible suspension from global diamond tradePressure was mounting on Monday on the watchdog set up to combat so-called "conflict diamonds" to suspend Zimbabwe from the global diamond trade. Watchdog slams abuse at Zim diamond minesZimbabwe's military is involved in illegal mining in diamond mine fields, where civilians are victims of "horrific" violence, a diamond watchdog says. |
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