Tuesday, February 18, 2014

Zimbabwe Plans Shanghai and Dubai Sales for Marange Diamonds

Zimbabwe plans to sell diamonds from its eastern Marange fields in Dubai and Shanghai starting in March as it expands a marketing push for the stones following the removal of European Union sanctions. Mines Minister Walter Chidakwa advised, "The intention is not to sell only in Antwerp, the next sale will be in Dubai and we intend to go to Dubai in March." He also added, “Shanghai will be next.”

In October, EU lifted sanctions on gems from Zimbabwe’s Marange diamond fields. Many

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