DIAMOND mining companies operating in Zimbabwe's Marange diamond fields are reportedly on a last minute looting spree ahead of a loathed mandatory consolidation exercise.
As government peruses through various consolidation proposals submitted by seven companies operating in Marange and prepares for an audit, miners are reportedly exploiting the existing loopholes as they await their fate under the new structure. Highly-placed sources in the diamond industry told businessdigest this week that mines that are not "under government's grip" yet were the biggest culprits, taking advantage of monitoring loopholes under the existing system.
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