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3.7 million carats of diamonds smuggled from Zimbabwe

by Staff reporter
13 May 2016 at 09:09hrs | Views

Chinese diamond mining company Anjin Investments, in which the military has an interest, a few years ago smuggled 3.7 million carats of diamonds from Chiadzwa mining fields in Marange worth about $200 million to China's financial hub, Shanghai, it has emerged.

This came as it also surfaced yesterday ZCDC, struggling to rise from the ashes of the closed mining firms (Anjin, Mbada Diamonds, Marange Resources, Diamond Mining Company, Jinan, Gye Nyame and Kusena) has fired three senior executives and two miners due to series of problems rocking the troubled conglomerate.

Source - Zim Ind