Kusena

Seven diamond mining firms booted out of the Marange mining fields by government must be reinstated, a parliamentary panel has said.
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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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The cash-strapped ruling ZANU PF government has issued an order to all diamond miners in the country to sell their gems through the Reserve Bank of Zimbabwe (RBZ).
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A Dubai based company that facilitated a ‘test’ auction of Zimbabwe’s diamonds last month has finally started paying out the money earned from the sale, days after Zimbabwe’s government branded the test a failure.
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Zimbabwe's diamond output from the Marange fields is expected to decline to 12 million carats this year, according to diamond analysts Rapaport.
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Government has finally called time on mining firms that have been operating at the Marange diamonds fields in Manicaland, indicating that only one company will remain operating there.
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