Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Zimbabwe Takes Over Chinese Diamond Company, Herald Reports

Jan. 7 (Bloomberg) -- The state-owned Zimbabwe Mining Development Corp. has taken control of Sino-Zimbabwe (Pvt) Ltd., a miner in Zimbabwe’s eastern Marange diamond fields, the Herald said, citing ZMDC Chairman Goodwills Masimirembwa.

The Chinese gem miner stopped operations last year, saying the area it had a license to mine lacked diamonds, the Harare-based, state-controlled Herald said on its website. ZMDC is recruiting other miners and carrying out further exploration to continue operations, the Herald quoted Masimirembwa as saying.

To contact the reporter on this story: Brian Latham in Johannesburg at

To contact the editor responsible for this story: Antony Sguazzin in Johannesburg at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.