De Beers eyes prospects in Zimbabwe, Congo

De Beers eyes prospects in Zimbabwe, Congo

De Beers would be interested in exploring for diamonds in Zimbabwe across the border from its $2 billion Venetia mine if it can get the necessary approvals, Phillip Barton, chief executive of the gem-producer’s South African unit, said in an interview. “Why would it be just on the one side?”

The company would also consider resuming exploration in Congo, if the political situation improves. “If the situation is right in a number of criteria, then we would go back,” Barton said.

© 2018 Bloomberg – Day 2 at the Mining Indaba 2018

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