MINING & RETAIL

African govts fight 'conflict diamonds' resolution

AFRICAN governments led by South Africa are fighting tooth and nail to stop the passing of a resolution by the Kimberly Process to expand the definition of "conflict diamonds", it has been learnt.Civi...

By Staff reporter | Published: 3 hours ago

MINING & RETAIL

Zimbabwe courts diamond buyers in Belgium

Mines and Mining Development Minister Winston Chitando, who is leading a Zimbabwean delegation attending the Kimberly Process meetings in Belgium, yesterday visited Antwerp World Diamond Centre to cou...

By Staff reporter | Published: 3 hours ago

MINING & RETAIL

Govt to improve diamond sector governance

MINES minister Winston Chitando says the national diamond policy, which is expected to improve the governance of the sector, is now "imminent".The policy will be launched by President Emmerson Mnangag...

By Staff reporter | Published: 21 September 2018

MINING & RETAIL

River Ranch Mine remains idle

River Ranch, a diamond rich mine in Beitbridge, sits quietly with no sign of life on the edges of Limpopo.Its solitude however gives a loud cry for urgent attention.The story of the mine is that of go...

By Staff reporter | Published: 10 September 2018

MINING & RETAIL

Zimbabwe resumes diamond auction

Zimbabwe resumed diamond auction last week, but attracted fewer international buyers than expected, the Minerals and Marketing Corporation of Zimbabwe said. The auction - the third to be conducted thi...

By Staff reporter | Published: 10 September 2018

MINING & RETAIL

Chinese firm loses Zim diamonds court battle

Chinese firm Anjin Investments (Private) Limited (Anjin) has lost a Constitutional Court application in which it sought the nullification of a 2016 government directive expelling it from the diamond-r...

By Staff reporter | Published: 30 June 2018

MINING & RETAIL

Mbada Diamonds to get licence back

DIAMOND mining companies that were dramatically evicted from the Marange area of Manicaland in 2016 are expected to get back their licences after the Supreme Court ruled on Wednesday that the governme...

By Staff reporter | Published: 22 June 2018

POLITICS

'Mugabe was told of missing diamonds'

PEOPLE'S Rainbow Coalition leader Dr Joice Mujuru has said ex-President Robert Mugabe's revelation that the country was prejudiced of $15 billion through underhand diamond sales should not been dismis...

By Staff reporter | Published: 19 June 2018

MINING & RETAIL

Diamond deposits discovered in Mashonaland East

RICH diamond deposits have been discovered in Marondera West, with government saying it would only start mining operations after crafting a new diamond law in August.President Emmerson Mnangagwa confi...

By Staff reporter | Published: 13 June 2018

MINING & RETAIL

Zimbabwe forecasts surge in diamond output

Zimbabwe's rough-diamond production will more than triple to 11 million carats in 2025, according to the nation's state-owned mining operation. Output will grow at an average of 21% per year from 3 m...

By Rapaport News | Published: 06 June 2018

MINING & RETAIL

Diamonds boss admits Marange diamond looting

ZIMBABWE Consolidation Diamond Company (ZCDC)'s chief executive officer, Morris Mpofu, has claimed that some of his subordinates were working in cahoots with illegal diamond miners to steal the gems ...

By Staff reporter | Published: 05 June 2018

MINING & RETAIL

'Remove indigenisation threshold on diamond, platinum'

Chamber of Mines of Zimbabwe (COMZ) president, Batirai Manhando has urged the government to scrap off indigenisation requirements on diamond and platinum sectors, as failure to do so will chase away i...

By Staff reporter | Published: 31 May 2018

MINING & RETAIL

Fresh hope for Zimbabwe diamonds

There is fresh hope for local diamond mining after the Zimbabwe Consolidated Diamond Company (ZCDC) started extracting 'tennis ball-like diamonds,' including a 23 carat gem quality and a 65 carat near...

By Staff reporter | Published: 20 May 2018

MINING & RETAIL

Open up diamond and platinum mining

The Chamber of Mines of Zimbabwe (CoMZ) says while Government's decision to scrap the 51/49 indigenisation law requirement for most minerals is plausible, repealing the legislation in the extraction o...

By Staff reporter | Published: 13 May 2018

MINING & RETAIL

Exploration for diamonds in Masvingo looms

Exploration work to establish the presence of kimberlite is set to be carried out in Masvingo's Mwenezi district.This follows the citing of suspected kimberlite rock in the area.Officials from the Zim...

By Staff reporter | Published: 12 May 2018

POLITICS

Mugabe parly appearance over diamonds delayed

Former Zimbabwe president Robert Mugabe will not appear before a parliament committee this week to answer questions on multi-billion-dollar corruption in the diamond industry after the hearing was pos...

By AFP | Published: 08 May 2018

BUSINESS NEWS

'Police grabbed army mines Mafia style'

DEFENCE secretary Martin Rushwaya yesterday claimed the Zimbabwe Defence Forces' diamond mining claims in Chiadzwa were grabbed by police in a "Mafia style" after the government ordered all miners to ...

By Staff reporter | Published: 20 April 2018

POLITICS

Mugabe, Mujuru summoned to parliament over diamonds

The Parliamentary Portfolio Committee on Mines and Mining Development yesterday summoned former President Robert Mugabe to appear before it on May 9 to explain a claim he made in February 2016 that th...

By Staff reporter | Published: 20 April 2018

MINING & RETAIL

River Ranch seeks removal from liquidation

RANI Investments LLC, majority shareholder in, Limpopo Mining Resources (Pvt) Limited (LMR), has filed an application with the High Court seeking removal from liquidation due to a change in circumstan...

By Staff reporter | Published: 19 April 2018

OPINION

Deceit, greed devour Zimbabwe diamonds

The testimonies from bigwigs and stakeholders involved in exploiting diamonds in Chiadzwa given before Parliament last week painted a picture of intrigue and corporate sleaze that could have potential...

By Staff reporter | Published: 16 April 2018

BUSINESS NEWS

FMHL, NicozDiamond deal approved

The Competition and Tariff Commission (CTC) has approved a deal that would see First Mutual Holdings Limited (FMHL) acquiring NicozDiamond Insurance Ltd total issued share capital.The merger with Tris...

By Staff reporter | Published: 13 April 2018

BUSINESS NEWS

$15bn missing diamonds revenues, Mugabe clarifies

WHILE parliament is intensely probing the alleged syphoning of US$15 billion in diamond revenues, the person who first spoke about it in public, former president Robert Mugabe, says the figure has no ...

By Staff reporter | Published: 13 April 2018

MINING & RETAIL

Zim to introduce contract sales for Marange diamonds

ZIMBABWE's state-owned diamond company is planning to introduce contract sales, as part of a strategy to revive operations and bring greater transparency at the Marange fields in Manicaland province.T...

By Staff reporter | Published: 12 April 2018

BUSINESS NEWS

'Chihuri seized diamonds worth millions of dollars'

Former police commissioner-general Augustine Chihuri allegedly seized a vault containing diamonds worth millions of dollars belonging to a company that was in partnership with the cops before he forci...

By Staff reporter | Published: 10 April 2018

BUSINESS NEWS

$15bn diamond saga deepens

FORMER secretary for mines, Francis Gudyanga yesterday claimed that there were powerful forces controlling the diamond mining sector, saying he had received unspecified threats from people he declined...

By Staff reporter | Published: 10 April 2018
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