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

LANDS & AGRICULTURE

Johanne Marange ventures into fish farming

Command Agriculture has seen Johanne Marange Apostolic Church in Manicaland venturing into a thriving fish farming project to boost nutrition, rural economic development and income generation. Speakin...

By Staff reporter | Published: 03 May 2019

BUSINESS NEWS

Ex-employees sue Marange Resources over pensions

FORMER Marange Resources employees have taken their ex-employer to court over unpaid pensions amounting to $131 563.Marange Resources is being represented by its director Francis Gudyanga.The former e...

By Staff reporter | Published: 30 April 2019

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

POLITICS

'Mnangagwa donation to Marange a vote-buying gimmick'

OPPOSITION parties yesterday raised the flag over President Emmerson Mnangagwa's donation of food hampers, computers and cash to the Marange community this week, describing the gesture as a vote-buyin...

By Staff reporter | Published: 25 May 2018

POLITICS

Mnangagwa charms Marange

VILLAGERS in Marange have hailed President Mnangagwa for his role in ensuring that they benefit fully from the diamonds being mined in that area through the new diamond policy that is currently being ...

By Staff reporter | Published: 25 May 2018

MINING & RETAIL

ZCDC rescues ex-Marange employees

FORMER employees of displaced diamond producer Marange Resources (Marange), are set to receive their salary arrears and outstanding pension contributions in full by September 2020, the Zimbabwe Consol...

By Staff reporter | Published: 21 May 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

MINING & RETAIL

'KP should audit Marange diamonds'

ZIMBABWE should invite the Kimberly Process (KP) to see if the country's diamond sector still meets the minimum requirements to mine and trade in the gems, a top civil society official has said.Zimbab...

By Staff reporter | Published: 19 February 2018

MINING & RETAIL

CIO company looted Marange diamonds

DESPITE reports that Kusena, a Central Intelligence Organisation (CIO)-owned company, which had mining rights in Chiadzwa, never took off, fresh evidence shows it operated under cover with a new name ...

By Staff reporter | Published: 22 September 2017

MINING & RETAIL

Marange diamond output set to decline

ZIMBABWE'S diamond output from the Marange fields is expected to decline to 12 million carats this year, according to diamond analysts Rapaport.That would be a 9,7 percent decline as the country is es...

By BH24 | Published: 09 May 2014

MINING & RETAIL

Marange firms to produce 12 million carats in 2014

Zimbabwe's diamond output from the Marange fields is expected to decline to 12 million carats this year, according to diamond analysts Rapaport. That would be a 9,7 percent decline as the country is e...

By Staff reporter | Published: 05 May 2014

MINING & RETAIL

Marange firms to invest in conglomerate and kimberlite diamond mining

Diamond companies operating in Marange are gearing up to invest in machinery that will enable them to mine the deep seated conglomerate and kimberlitic diamonds following the depletion of the alluvial...

By Staff reporter | Published: 10 March 2014

MINING & RETAIL

Millions lost in Marange scandal

An audit carried out on the wholly State-owned Marange Resources Diamond Company has disclosed that the government was prejudiced of millions of dollars as management raised inflated procurement recei...

By Staff reporter | Published: 04 February 2014

MINING & RETAIL

Zim's Marange diamonds draw 'much' interest

The first auction of diamonds originating from Zimbabwe's eastern Marange fields following the removal of European Union sanctions has attracted "much interest," the Antwerp World Diamond Centre said....

By Bloomberg | Published: 17 December 2013

MINING & RETAIL

Marange diamonds firm retrenches 950

Anjin Investments has retrenched at least 950 workers out of close to 1 800 people since it started operations in 2010.About 190 of the remaining 845 workers still face the chop as the company targets...

By Staff reporter | Published: 11 December 2013

MINING & RETAIL

Board restructuring looms at ZMDC, Marange

ZIMBABWE Mining Development Corporation (ZMDC) and Marange Diamonds boards of directors will soon have fresh faces as the appointment process is almost done, business digest can reveal.Minister of Min...

By Staff reporter | Published: 06 December 2013

MINING & RETAIL

Zimbabwe diamonds revenues decline

The Zimbabwean government has announced it will summon mining companies in the controversial Chiadzwa diamond fields to ask why their revenues are so low.A top government official says diamond product...

By Staff reporter | Published: 25 November 2013

MINING & RETAIL

World gem buyers to flood Zim

MOST world diamond buyers will soon be flocking to Zimbabwe to trade in the gems, with the country planning to establish the biggest diamond trading hub on the back of the huge demand for the Marange ...

By Staff reporter | Published: 13 November 2013

BUSINESS NEWS

Zim's Marange diamonds running out

THE quality and quantity of diamonds mined at the controversial Chiadzwa diamond fields has been on a decline since 2012, casting doubts over the possibility of the diamonds sector bailing the country...

By Staff reporter | Published: 07 November 2013

ZIMBABWE

Zimbabwe misses IMF diamond revenue target

ZIMBABWE has missed a June deadline to ensure diamond revenue from Marange flows into Treasury as part of reforms under a supervised programme by the International Monetary Fund (IMF), the Standard r...

By Business reporter | Published: 08 September 2013

ZIMBABWE

Belgium demands lifting of Zim diamond sanctions

Brussels - Belgium, centre of the global diamond trade, is demanding that the European Union lift sanctions on a Zimbabwean mining firm despite deep concerns within the bloc over alleged fraud in a J...

By Reuters | Published: 06 September 2013

MINING & RETAIL

Marange set to become world's largest diamond producer

AFRASIA Kingdom says Marange diamond fields will become the largest diamond producer in the world based on the 16.9 million carats the project is expected to produce this year.In its weekly commentary...

By Business reporter | Published: 28 August 2013

MINING & RETAIL

Marange Resources sues Core Mining

MARANGE Resources has obtained permission from the High Court to proceed with its US$2 billion lawsuit against Core Mining Resources and Minerals for financial prejudice after the latter allegedly mis...

By Staff reporter | Published: 10 August 2013

ZIMBABWE

UK strikes deal for Marange diamonds to return to the EU markets

Reports from Brussels, Belgium suggest that the United Kingdom has struck a deal with Belgium on the need for Marange diamonds to return to the European Union markets.According to the reports, Belgi...

By Staff Reporter | Published: 10 June 2013
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