Zimbabwe: Zim Resumes Diamond Auctions

Zimbabwe conducted a diamond auction sale this month, as production of the precious stones gradually recovers after slumping to an all-time low of less than two million carats from peak levels of 12 million carats, businessdigest can reveal.

Last year, Zimbabwe did not auction the mineral, but stockpiled its rough stones in the aftermath of a botched merger plan by then mines minister Walter Chidhakwa.

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