Mbada Diamonds

Zimbabwe Consolidated Diamond Company (ZCDC) is courting investors for US$300 million to boost its operations, dogged by the depletion of alluvial diamonds and lack of equipment to pursue diamondiferous kimberlites, the Financial Gazette…
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By Lloyd Gumbo recently in CHIADZWA Mbada Diamonds could have prejudiced the State of millions of dollars by under-declaring its diamond sales over the years after it emerged its average price per carat was about three times lower than…
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By Tendai Kamhungira Mbada Diamonds’ principals, Mauritius-registered Grandwell Holdings (Grandwell)’s hope of resuming mining operations in Marange were derailed yesterday after the High Court dismissed its application in which it…
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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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By John Kachembere and Ndakaziva Majaka A brooding China yesterday warned Zimbabwe to beware after President Robert Mugabe’s government ill-advisedly moved to seize all diamond mining claims in Chiadzwa last week, including those in…
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Government has instructed the Attorney-General’s office to contest yesterday’s High Court order compelling the State to allow the return of Mbada Diamond Private Limited to its diamond mining site in Chiadzwa...
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By Darlington Musarurwa As Government pulls the plug on private diamond miners operating at Chiadzwa diamond mining fields in Marange, Manicaland, damning statistics indicate that the rough diamonds only managed to earn the country more…
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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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