[t4b-ticker]

National

Home National
RioZim buys Lüderitz diamond mine
Post

RioZim buys Lüderitz diamond mine

RioZim, the company that separated from Rio Tinto plc in 2004 to become a wholly owned Zimbabwean company, has reportedly purchased the Sperrgebiet Diamond Mine (SDM) which holds a combination of four onshore and offshore diamond mining licences in the restricted diamond areas around Lüderitz. SDM’s mainland-based operation is situated at Elizabeth Bay, about 40km south of Lüderitz.