News »
Wednesday, 19 December 2012 13:21
HARARE - Core Mining has dragged ex-diamond mining partner, Marange Resources, to an arbitrator challenging the seizure of its shareholding rights in a joint venture company Canadile, now operating as Marange Resources (Marange). Government through Zimbabwe Mining Development Corporation (ZMDC) partnered...Read More
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Business »
Wednesday, 28 November 2012 11:23
HARARE - Diamond producer Marange Resources (Marange) plans to ramp up its production by two-fold next year as international demand for the precious mineral continues to soar. The company — 100 percent owned by the Zimbabwe Mining Development Corporation (ZMDC) —...Read More
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Business »
Thursday, 22 November 2012 11:36
HARARE - Mines minister Obert Mpofu has vowed to continue selling Zimbabwe’s controversial diamonds whether or not the restrictive measures imposed on the gems are lifted. Zimbabwean diamond mining companies were slapped with trade restriction measures by the United States of...Read More
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Business »
Tuesday, 20 November 2012 12:03
HARARE - Zimbabwe cut and polished a mere 0,1 percent out of a targeted 10 percent of the total diamonds produced last year, President Robert Mugabe said. The country produced 8,5 million carats in 2011, according to statistics from the Kimberly...Read More
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Business » Chris Goko, Executive Assistant Editor
Tuesday, 13 November 2012 11:24
HARARE - Zimbabwe’s operable Marange mines have the potential to produce nearly 110 to 160 million diamond carats per year, a key global buyer and industry executive has said. Vipul Shah, chairperson of the Gem and Jewellery Export Promotion Council (GJEPC)...Read More
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News » Fungai Kwaramba, Staff Writer
Tuesday, 13 November 2012 10:00
HARARE - President Robert Mugabe’s Zanu PF has siphoned diamonds worth over $2 billion from Marange diamond fields, according to an organisation leading the campaign against conflict diamonds. Partnership Africa Canada (Pac), which published the report yesterday, said the plunder of...Read More
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News » Taurai Mangudhla, Business Writer
Tuesday, 25 September 2012 12:36
HARARE - Community members in the Marange diamond mining area have held protests against lack of transparency and accountability in the mining activities of firms operating in the area. This comes after Mines minister Obert Mpofu’s June announcement that Zimbabwe approved...Read More
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