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Monday, 13 May 2013 11:07
HARARE - An urgent chamber application filed by Marange Resources (Marange) at the High Court to stop an arbitration process initiated by Core Mining Resources has failed to help as the appointed mediator begun the process last Friday. Marange Resources, a...Read More
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Friday, 03 May 2013 11:09
HARARE - Lawyers representing Core Mining Resources and Marange Resources yesterday agreed to postpone an urgent chamber application filed by the latter to stop an arbitration process to resolve their dispute. Marange Resources, a government-owned company, was in a joint venture...Read More
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Tuesday, 30 April 2013 10:10
HARARE - The ongoing dispute between Core Mining and Marange Resources has taken a new twist with Marange developing “cold feet” in its High Court urgent chamber application filed to block the commencement of an arbitration process. Marange Resources and Core...Read More
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Business »
Friday, 26 April 2013 11:23
HARARE - Aim-listed Botswana Diamonds (BD) says it has shelved plans to establish a mining venture in Zimbabwe after it lost its targeted Marange diamond claims to the Chinese. The junior gem miner said it is opting for Mozambique instead. John...Read More
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Business »
Wednesday, 23 January 2013 11:50
HARARE - Several Zimbabwean mining operations could be disrupted and lose millions due to incessant rains. With the country’s meteorological services predicting that heavy rains would continue countrywide, gem miner Marange Resources (Marange) has said it lost nearly $5 million worth...Read More
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Wednesday, 16 January 2013 15:06
HARARE - Marange businessperson Newman Chiadzwa has won an appeal authorising him to demand compensation for his diamonds confiscated following his arrest in 2006. Chiadzwa, who was represented by Thabani Mpofu, appealed to the Supreme Court following a High Court order...Read More
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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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