Zimbabwe: Govt Eyes Domestic Diamond Exchange

21 August 2014

Government will auction local diamonds once or twice in Antwerp, Belgium, before testing waters on its own planned domestic exchange in November this year. Mines and Mining Development Minister Walter Chidhakwa said in an interview yesterday that Government was working on modalities of the domestic diamond exchange.

"We are preparing for the (domestic) auction in November. We will do one or two auctions in Antwerp between now and November. In November we will have the diamond conference and together with the diamond conference, we will have the auction," he said.

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