“Mugabe says govt will take over all diamond operations”, Mining Weekly
Mining Weekly quotes John Turner in an article on Zimbabwe’s President taking possession of all diamond operations.
"I suspect this won't really have broad implications across the industry because Zimbabwe is a known, risky jurisdiction to operate in," said John Turner, head of the mining group at law firm Fasken Martineau, which does a considerable amount of work with miners in Africa.
"In the last several years, though, a number of people have been saying it is time to get back into Zimbabwe because things will change and get better, so to the extent that private firms were looking at Zimbabwe thinking they were ahead of the curve, this may give them pause for thought," said Turner, who has worked on some major asset expropriation cases in Africa.
"I suspect this won't really have broad implications across the industry because Zimbabwe is a known, risky jurisdiction to operate in," said John Turner, head of the mining group at law firm Fasken Martineau, which does a considerable amount of work with miners in Africa.
"In the last several years, though, a number of people have been saying it is time to get back into Zimbabwe because things will change and get better, so to the extent that private firms were looking at Zimbabwe thinking they were ahead of the curve, this may give them pause for thought," said Turner, who has worked on some major asset expropriation cases in Africa.
