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Antwerp Aims to Sell 12 Million Carats of Gems From Zimbabwe

Antwerp Aims to Sell 12 Million Carats of Gems From Zimbabwe

The Antwerp World Diamond Centre wants to sell 12 million carats of diamonds from Zimbabwe this year, which would make the southern African country one of the six biggest suppliers to the Belgian-based trading group. Zimbabwe conducted two auctions at Antwerp, in December and in February, realizing $10.5 million from sales of 279,723 carats…

Zimbabwe Mines Body Says Export Tax Threatens Platinum Industry

Zimbabwe Mines Body Says Export Tax Threatens Platinum Industry

A proposed 15 percent levy on Zimbabwe’s platinum exports equates to a “punishment” that threatens the industry, the country’s mining body said. The government proposed a tax on shipments of unrefined platinum in December that would apply from Jan. 1 this year. The levy would be “ill-timed, distortionary and reduces export…

Zimbabwe Assessing Platinum Companies’ Proposals for Refineries

Zimbabwe Assessing Platinum Companies’ Proposals for Refineries

Zimbabwe has started assessing submissions by companies including the local units of Anglo American Platinum Ltd. (AMS) and Impala Platinum Holdings Ltd. (IMP) to build metal refineries in the country. “It’s pleasing that they have submitted the plans and they are now being looked at,” Deputy Mines Minister Fred Moyo said in a telephone interview.…

Impala, Amplats Study $3 Billion Zimbabwe Platinum Refinery

Impala, Amplats Study $3 Billion Zimbabwe Platinum Refinery

Impala Platinum Holdings Ltd. (IMP), Anglo American Platinum Ltd. (AMS) and Aquarius Platinum Ltd. (AQP) are studying building a $3 billion platinum and base metal refining complex in Zimbabwe, an industry group said. Together the companies are considering jointly building a smelter, a base metals refinery and a precious metals…