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Marange Resources

Marange audit hangs in the balance

By Tatenda Dewa | Harare Bureau | The three firms that government hired in August to audit the seven companies that mined diamonds in Marange up to late 2015 are yet to begin their work amid reports of lack of political will on the part…
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Kurotwi demands mining equipment

By Tendai Kamhungira Core Mining and Minerals director Lovemore Kurotwi has dragged Marange Resources before an arbitrator in a bid to recover his mining equipment being used in the Chiadzwa mining fields. The equipment worth…
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Court sjamboks defiant Chidhakwa

By Tendai Kamhungira High Court judge Justice Joseph Mafusire has shellacked Mines minister Walter Chidhakwa, ruling that he wilfully defied a court order earlier this week that Mbada Diamonds be allowed to return to its Chiadzwa mining…
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Diamond firms merger complete

The Government of Zimbabwe has completed the merging of all diamond companies in the country into one entity – the Zimbabwe Consolidated Diamond Corporation – which will house all diamond concessions and claims in the country.
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US$1,2m spent on suspended bosses

The State-controlled diamond outfit, Marange Resources spent US$1,2 million in salaries for seven suspended executives during the 11 months to December 31, 2014 due to delays in concluding investigations into their cases, an audit report…
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