BUSINESS NEWS

'US ban hurts Marange diamonds'

The Zimbabwe Consolidated Diamond Company (ZCDC) yesterday said the decision by the United States to issue a withhold release order (WRO) for artisanal rough cut diamonds from Marange was impacting ne...

By Staff reporter | Published: 07 November 2019

MINING & RETAIL

Zimbabwe to auction 500 000 carats

THE Minerals Marketing Corporation of Zimbabwe (MMCZ) says it will conduct another diamond auction before the end of the year targeting to sell between 400 000 and 500 000 carats. A fortnight ago, MMC...

By Staff reporter | Published: 27 September 2019

MINING & RETAIL

Murowa begins diamond exploration in Chivi

MUROWA Diamonds has started exploration for gems in Sese communal lands in Chivi in Masvingo province where the firm has nearly 200 claims. Murowa mines diamonds in Zvishavane in the Midlands but has ...

By Staff reporter | Published: 29 April 2019

MINING & RETAIL

CCTV sells out diamond-thieving guard

A SECURITY guard at the Zimbabwe Consolidated Diamond Company (ZCDC) premises was arrested for stealing five pieces of the precious stone after he was sold out by the closed circuit television (CCTV)....

By Staff reporter | Published: 25 April 2019

MINING & RETAIL

ZCDC to extract Chihota diamonds

The Zimbabwe Consolidated Diamond Company (ZCDC), has moved a gear up towards establishing diamonds extraction operations in Chihota communal lands in Marondera District, with the firm having engaged ...

By Staff reporter | Published: 29 January 2019

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: 15 November 2018

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: 15 November 2018

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
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