Zimbabwe Diamond Mine Anjin to Fire 190 Workers as Prices Slump
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Anjin Investments Ltd., which mines diamonds in Zimbabwe’s eastern Marange fields, will fire almost a quarter of its 845-strong workforce because of falling prices and as it switches to underground operations.
“The slump in mineral price is the main reason” for cutting 190 jobs, Director Munyaradzi Machacha said in a phone interview. “The other issue is we are moving away from alluvial mining” to more more expensive underground operations. Machacha wouldn’t disclose Anjin’s sale prices, citing a company confidentiality policy.