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No more cash from Chiadzwa, says Chinamasa

by Staff reporter
06 Mar 2015 at 08:50hrs | Views

Government is no longer getting anything from Chiadzwa as the field has run out of alluvial diamonds, Finance Minister Patrick Chinamasa has said.

Responding to a question from James Maridadi during questions with notice in Parliament, Chinamasa said the quality and quantity of diamonds mined at the controversial diamond fields has declined.

Maridadi wanted to know why Chinamasa's national budget was "the only one since 2009 which does not seek to get funding from diamonds which the country often boasts about".

Chinamasa said that it was indeed true that there are no more alluvial diamonds and the companies there, except for only one, did not set aside funds to explore and extract the kimberlitic diamonds that are found there.

Source - dailynews
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