Menu Click here
website logo
Sign In| Sign Up
back back
Diamond trading
Search for Diamonds Manage Listings IDEX Onsite
diamond prices
Real Time Prices Diamond Index Price Report
news & research
Newsroom IDEX Research Memo Search News & Archives RSS Feeds
back back
Diamond trading
Search for Diamonds Manage Listings IDEX Onsite
diamond prices
Real Time Prices Diamond Index Price Report
news & research
Newsroom IDEX Research Memo Search News & Archives RSS Feeds
back back
MY IDEX
My Bids & Asks My Purchases My Sales Manage Listings IDEX Onsite Company Information Branches Information Personal Information
Logout
Newsroom Full Article

Zimbabwe in Talks Over Distributing Marange Diamonds

May 16, 13 by IDEX Online Staff Reporter

(IDEX Online News) – Zimbabwe is trying to reach an agreement to distribute its stones directly to China, Dubai and Israel without violating rules against the sale of gems from the Marange fields, said Chris Mutsvangwa, chairman of the state-owned Mineral Marketing Corporation Ltd.

 

The United States may become involved in discussions, Mutsvangwa was cited by Bloomberg News as saying on the sidelines of a Chamber of Mines annual meeting.

 

The proposal wouldn’t violate rules because Zimbabwe outside of Marange was certified compliant in 2010.

 

Zimbabwe produced eight million carats of diamonds in 2012 worth $865 million, according to the report.

 

Diamonds from Marange still face U.S. sanctions.

Diamond Index
Related Articles

Sotheby's Geneva Magnificent Jewels Sale Raises $78.2 Million

May 16, 13 by IDEX Online Staff Reporter

Read More...

Angola Plans Sell-Off of Some State-Owned Firms

May 16, 13 by IDEX Online Staff Reporter

Read More...

Newsletter

The Newsletter offers a quick summary of the past week's industry news and full articles.
Our Services About IDEX Privacy & Security Terms & Conditions Sign-Up Advertise on IDEX Industry Links Contact Us
IDEX on Facebook IDEX on LinkedIn IDEX on Twitter