Zimbabwe’s Diamond Mining Company (DMC) plans to sue the government for breach of contract after the Southern African nation banned gem mining in the east of the country, a company official said on Wednesday.
Zimbabwe’s mines minister on Monday ordered nine companies operating in the Marange fields to stop all mining activities and leave immediately because their licences had expired.
DMC general manager Ramzi Malik said that its joint venture contract stipulates that renewing licences was the responsibility of the government, through its state mining arm Zimbabwe Mining Development Corporation (ZMDC).
