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Mugabe Digs In on State Seizure of Diamond Mining

Zimbabwe’s President Robert Mugabe said late Thursday that he will not back down on his decision to seize control of the diamond industry. Last month, Mugabe gave foreign mining companies 90 days to stop work and leave the country.Scaring away foreign investors may be the last thing Zimbabwe needs right now. In a wide-ranging interview on state television, Mugabe said Zimbabwe has received less than $2 billion for what he said has been $15 billion worth of diamonds mined since...

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