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

MINING & RETAIL

Mbada, govt clash over diamonds

Mbada Diamonds has approached the High Court seeking to secure its diamonds that continue to be sold by the government-owned Zimbabwe Consolidated Diamond Company (ZCDC). The comes after a court order...

By Staff reporter | Published: 06 April 2018

MINING & RETAIL

Mbada Diamonds boss quits

THE Chief Executive Officer of Mbada Diamonds, Patience Khumalo, has resigned from the company, she confirmed last night.Khumalo, speaking exclusively to Business Chronicle, said: "I was the first emp...

By Mernat Mafirakurewa | Published: 11 April 2014

MINING & RETAIL

Mbada Diamonds plans underground expansion

Mbada Diamonds (Pvt) Ltd., working in Zimbabwe's eastern Marange fields, will switch to underground mining from surface digging, escalating investment in the region.Mbada, in a 50:50 joint venture wit...

By Bloomberg | Published: 18 March 2014

MINING & RETAIL

Mbada revenue breaches $1 billion mark

Mbada Diamonds says it has realised over $1 billion in sales revenue in nearly five years of operations in the Marange diamond fields in Manicaland Province.This is in spite of years of operating unde...

By New Ziana | Published: 10 March 2014

MINING & RETAIL

Mbada Diamonds invests deeper

Government has said that of the 7 diamond mines in Chiadzwa, only Mbada Diamonds has actively invested in capital-intensive equipment that is meant to exploit underground resources. Most of the mines ...

By Staff reporter | Published: 27 January 2014

BUSINESS NEWS

Mbada Diamonds contributes $2.5 million towards UNWTO

Mbada Diamonds has contributed over $2.5 million towards the successful hosting of the ongoing United Nations Tourism Organisation general assembly in Victoria Falls. The mining giant, which sponsored...

By Staff reporter | Published: 27 August 2013
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