Tanzanian government keeps hold of miner's diamondspublished at 10:22 British Summer Time 18 September 2017
Sammy Awami
BBC Africa, Dar es Salaam
Work has started again at the biggest diamond mine in Tanzania amid a dispute with the government who seized a parcel of diamonds at the airport.
Operations at Petra’s Williamson diamond mine have resumed after four days of stoppage.
A week ago, shares of the British company Petra fell 7% after its diamonds were blocked from export by the Tanzanian government and several of its employees were questioned by country’s authorities.
The authorities seized a parcel of diamonds which is yet to be released.
The company’s discussions with the government over the matter are ongoing, says Petra in their statement.
The biggest diamond mine in the country was accused of under-declaring the value of its diamonds. The government alleged that Petra registered the consignment to be $14.8m (£10.9m) instead of its actual worth of $29.5m.
Petra denied the allegations, saying the government is responsible for confirming declared values.
Williamson mine in North Western Tanzania is majority owned by Petra at 75% and 25% is owned by the Tanzanian government.
The mining industry is under pressure from the government over reporting and under declared profits.