Companies Mining Diamonds In Marange

Companies Mining Diamonds In Marange

Supreme Court clears path for Mbada Diamonds to resume mining in Marange

HARARE The Supreme Court has directed Marange Resources to pay renewal fees that would enable Mbada Diamonds principals Mauritius registered Grandwell Holdings to resume mining operations in the Chiadzwa diamond fields in line with a special grant agreement entered between the parties in 2024 The litigation between Grandwell Holdings and the government owned firm arose after the then Mines minister Walter Chidakwa called for a meeting in February 2024 where he cancelled operations

Transparency illicit financial flows and accountability issues in the

Along with other 7 companies that were mining diamonds in Marange Anjin Investment was given a boot in 2024 for being part of the opaque management of diamonds and huge revenue leakages

Diamond Trade Still Fuels Human Suffering Human Rights Watch

When the scramble peaked in October 2024 more than 35 000 people including children and women were either mining or buying diamonds in Marange And Jewelry companies diamond traders and

ZCDC says no artisanal diamond mining for Zim in near future

In 2024 Government nationalized its diamond mines and revoked the licenses of all the seven diamond mining companies Marange Resources Anjin Investments Ltd Diamond Mining Company Gyn Nyame Resources Jinan Mining Ltd Kusena Diamonds and Mbada Diamonds that were operating in Chiadzwa citing failure to remit taxes and royalties as the

China Zimbabwe joint venture plans to ramp up diamond production in

Anjin is a diamond venture company between Chinese firm Anhui Foreign Economic Construction Group and the Zimbabwean government It ceased operations in 2024 after the Zimbabwean government ordered all diamond mining companies in Marange to stop production over concerns of widespread looting in the sector

Sustainable methods in diamond mining can contribute to growth of

All these investments and improvements are great but if diamond mining is to get better in Zimbabwe mining companies should practise sustainable mining in their respective communities of operation This comes after most researchers have raised flags in the way diamonds are mined particularly at Marange

CIO company looted Marange diamonds The Zimbabwe Independent

In the list of companies mining in Marange Kusena is listed as Kusena/Zimbabwe Diamonds it says This information has since been removed from the ZMDC website Evidence collected by Global Witness also suggests that Zimdiamonds Sino Zimbabwe and Kusena are inter linked and that senior members of the CIO maintained interests in all

Zimbabwe Looks to Reform Marange Sales

Zimbabwe s state diamond company is planning to introduce contract sales as part of a strategy to revive operations and bring greater transparency at the controversial Marange fields Chief among [the] government s concerns was the failure of diamond mining companies to fully declare and account for diamond revenues and profits

Zimbabwe shuts 7 diamond companies IOL

Share Harare The Zimbabwe government has ordered seven diamond companies in the Marange area of eastern Zimbabwe to immediately stop all mining activities a month after complaining about

Mining companies to merge The Sunday Mail

The company accounts for the highest diamond volumes in the world and produced 33 million carats in 2024 Apart from mining it also does exploration and auctions In Botswana Debswana controls all diamond production and operates four mines — Orapa Letlhakane Jwaneng and Damtshaa — which can produce up to 30 million carats annually

Unsustainable diamond mining perpetuating conflicts and loss Kubatana

On Sunday 18 August 2024 6 unemployed youngsters from Chareka 2 Gamunorwa 1 villages under Chief Marange and 2 from communities surrounding Marange of 35 and miles broke into Portal A under Zimbabwe Consolidated Diamond Company ZCDC around 4am with the intention of mining diamonds One alert ZCDC security guard opened fire on the

Fresh Diamond Looting Spree in Marange

Apart from the Marange Resources these companies operate as joint ventures with government under the Zimbabwe Mining Development Corporation Since diamond mining started in the area there have been complaints of looting and reports that most of the diamonds were being sold on the black market with little revenue going into government coffers

Marange kilometers Diamond Fields Chiadzwa Zimbabwe

Marange Marange is the name of diamond fields that spread over some kilometers in Chiadzwa Zimbabwe These diamonds fields were discovered in 2024 at the peak of the political economic and humanitarian crisis in the country The production of diamonds in Marange is controversial due to the illegal mining and the frequent government

PDF The Indigenisation Policy and Economic Emancipation in Zimbabwe

The study established that the five diamond mining companies doing business in the two communities had failed to honour their pledges of contributing USD10 million each towards the development of

Diamonds abundant in Marange says Govt Bulawayo24 News

Most of the joint venture diamond mining firms operating in Marange have been concentrating on alluvial diamonds given the less capital required to extract the gemstones

FEATURE Marange diamonds Wealth for a few despair for many

Mar 24 2022Following some upheaval in recent years the Marange diamond fields are currently mined by two companies the state owned ZCDC and Anjin a joint venture between Chinese company Anhui Foreign Economic Construction Group and the Zimbabwean military s investment vehicle Matt Bronze

Zim govt faces lawsuit from diamond miners Fin24

Chidakwa said the joint venture companies were mining diamonds in Zimbabwe illegally as the permits which had been granted expired and were not renewed over the past five years The special grants for mining diamonds awarded to Anjin DMC Jinan Mbada Diamonds DTZ OZGEO Rera Gye Nyame Kusena and Marange Resources also expired

NGOs Gvt Should Stop Marange Diamond Mining Operations VOA

CRD acting director James Mupfumi said a geological mineral survey of the Marange diamond fields should be carried out to ascertain the quantum and value of the gems in the area Empowerment Act s community share ownership schemes have to be revisited to plug the existing gaps and loopholes that mining companies have been exploiting to

Mining the Territory Presentation Merlin Diamond Project ASX LOM

The company was formerly known as Lonrho Mining Limited and changed its name to Lucapa Diamond Company Limited in October 2024 Lucapa Diamond Company Limited was incorporated in 2024 and is based in Subiaco Australia Expand Company Description Market Cap 25 Aug $76 296 673

Zim diamonds saga rages on The Standard

Government wholly owns Marange Resources and had a 50% stake in each of the remaining seven companies Curiously a 2024 report by the Auditor General showed that the Zimbabwe Mining Development Corporation ZMDC had no share certificates for its investments in Anjin Jinan Gye Nyame and Diamond Mining Corporation

Zimbabwe JV to set sustainable diamond mining benchmark

Botswana Diamonds and its joint venture partner in Zimbabwe Vast Resources have entered into an agreement which aims to unlock the diamond value within Zimbabwe s Marange Diamond Fields In doing so it will also establish a new benchmark for sustainable and mutually beneficial mining development in the southern African country MD James

Murky world of Marange mining firms Yahoo News

The Marange fields cover 123000 hectares with only 54000 hectares being mined The remainder is up for grabs according to the Zimbabwe Mining Development Company ZMDC the state mining firm But even as international interest grows the ownership of mines remains hidden under layers of secrecy

In Marange things fall apart again Citypress

The previous day Zimbabwe s minister of mines Walter Chidhakwa had halted all diamond mining in the Marange diamond fields and police moved in to evict foreign mining companies Mbada Diamonds partly owned by South African scrap metal company Reclamation Holdings and indirectly Old Mutual was one of the mines targeted

Zimbabwe to allow two new companies to mine diamonds

In early 2024 Mugabe s government evicted all diamond mining firms including two Chinese joint venture companies from Marange saying their licenses had expired after they declined to merge

Surrounded by diamonds villagers go hungry in drought hit Zimbabwe

By Andrew Mambondiyani MUTARE Zimbabwe Thomson Reuters Foundation Shylet Mutsago a 63 year old who lives near the diamond fields of Marange cannot hide her anger over how mining in this gem rich part of eastern Zimbabwe has failed to improve the lives of local people Amid frequent drought people in Marange had hoped the diamond industry would invest in reviving irrigation schemes

Talking Points Marange Diamond Mining Operations Under ZCDC

Alluvial diamonds depleted is there hope for conglomerate diamond mining in Marange Previous diamond mining companies did not carry out any meaningful exploration activities Considering that alluvial diamonds are diminishing ZCDC is undertaking exploration work on conglomerate diamonds to evaluate diamond resources with a view of increasing

The Marange Diamond Fields of Zimbabwe an Overview

THE MARANGE DIAMOND FIELDS OF ZIMBABWE AN OVERVIEW October 2024 We have begun to see how this mineral wealth can become a curse as it so often has been in Africa as people are killed and communities destroyed in the fight for diamonds that will forever be marked with the blood of the innocent Rowan Williams October 2024 Harare

Marange may not be the world s largest diamond producer

The Marange fields are economic even with a low average price per carat diamond because the alluvial mining process is relatively inexpensive in 2024 the ZMDC estimated that the average cost of

The unending curse of Zimbabwe s Marange diamonds

The government took over all diamond mining in Marange through a state owned company the Zimbabwe Consolidated Diamond Company ZCDC But in 2024 only Anjin Investments was allowed to resume mining operations in Marange under controversial circumstances

The impact of diamond mining on local communities in Africa IPIS

The survey also found that while some locals are interested in securing employment at the mining companies there is general disgruntlement over their failure and that of government to develop the area The people of Marange desire to see a thriving local economy spurred by the mining of diamonds

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