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Zimbabwe Consolidated Diamond Company (ZCDC) and Townsend Enterprises dispute over Gache-Gache rich gold deposits
A CLASH is brewing between the Zimbabwe Consolidated Diamond Company (ZCDC) and Townsend Enterprises over the extraction of gold at the where gold deposits worth millions of US dollars were discovered by the latter as it has emerged that the state-owned concern is gradually forcing out the private company. Townsend Enterprises was last year sub-contracted by the Zimbabwe Power Company (ZPC) to supply sand to Chinese firm Sino Hydro for the construction of Kariba…
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