Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
South Africa’s role in getting Zimbabwe’s diamonds back into international trade is being slammed as “dangerous”, amid revelations that government officials there have helped export millions of dollars worth of Zim diamonds.
South Africa’s State Diamond Trader officials admitted in parliament last week that they had helped Zimbabwe export diamonds from Chiadzwa, despite an international ban on the trade.