Zim Mining Minister: De Beers, Vast Resources To Be Allowed To Explore

By Staff Reporter / December 17, 2018 / www.idexonline.com / Article Link

(IDEX Online) - Zimbabwe's Mining Minister Winston Chitando said De Beers and Vast Resources will be allowed to explore for diamonds, making them the first listed companies to mine in the country for several years.

 

However, a spokesperson for De Beers told Reuters that it was not mining in Zimbabwe and did not intend to, while Vast Resources said it could not comment.

 

Earlier this month, Zimbabwe's mining ministry said it would allow two new companies to mine in the Marange area, but did not name them.

 

On Wednesday, Chitando told Reuters De Beers and Vast Resources would be allowed to mine, but could not comment on any changes to ownership rules. "Those are the details that have to be thrashed out," he said.

Recent News

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com

Gold majors take the lead

June 16, 2025 / www.canadianminingreport.com

Gold juniors continue to outperform

June 09, 2025 / www.canadianminingreport.com

Thor Explorations continues to lead TSXV global gold producers

June 02, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok