Mining Credit: Free Wind 2022 / Botswana Diamonds has reported that the preliminary geological valuation of the Heritage Concession (Block T1A) in the Marange diamond fields of Zimbabwe has yielded positive results, Rough & Polished reports.

· Chinese diamond mining company Anjin Investments, in which the military has an interest, a few years ago smuggled 3,7 million carats of diamonds from Chiadzwa mining fields in Marange worth about US$200 million to China's financial hub, Shanghai, it has emerged. Chinese firm to invest in Zimbabwe tin mine - Xinhua ...

The Kremlin-controlled diamond mining concern, Alrosa, was immediately granted a concession in Marange but nothing much could be scrutinized under this deal. It is only known from media reports ...

Mar 28, 2022Following some upheaval in recent years, the Marange diamond fields are currently mined by two companies: the State-owned ZCDC and Anjin, a joint venture between Chinese company Anhui Foreign Economic Construction Group and the Zimbabwean military's investment vehicle Matt Bronze.

The diamond fields belong to the Zimbabwe Mining Development Corporation (ZMDC), which fully owns Marange Resources Ltd. However, ZMDC also holds 50-50 joint ventures with three other mining firms - the Diamond Mining Corporation (DMC), Mbada Diamonds and Anjin Investments (a joint venture with a Chinese construction firm).

7 Min Read. MUTARE, Zimbabwe, Feb 8 (Thomson Reuters Foundation) - S hylet Mutsago, a 63-year-old who lives near the diamond fields of Marange, cannot hide her anger over how mining in this gem ...

The director of Anjin, a Chinese-Zimbabwean joint-venture mining company, said in November of last year, "The sanctions are the biggest challenge. They depress prices, depress revenue and they scare away buyers." ... in 2022 Zimbabwe's government was banned from exporting diamonds from Marange unless it withdrew its military from the mines ...

The Marange fields are economic even with a low average price-per-carat diamond because the alluvial mining process is relatively inexpensive; in 2022 the ZMDC estimated that the average cost of ...

There are seven miners in Marange: Anjin Investments, Diamond Mining Company, Jinan, Kusena, Marange Resources, DTZ-Ozgeo and Mbada Diamonds. The government holds 50 percent shareholding in all the firms. Chidhakwa told The Source that at its peak, the Marange fields produced 15 million carats per annum of alluvial diamonds.

Newsday. -. June 25, 2022. 15. 1370. Mines minister Walter Chidakwa. On Tuesday June 15, 2022, the State media carried an article about Zimbabwe Consolidated Diamond Company (ZCDC) being poised to ...

Israeli mining investor Yaron Yamin and his local partners are on the verge of tying a deal with the Zimbabwean government to mine diamonds in Marange. The state-owned Zimbabwe Mining Development Corporation (ZMDC) was required by law to control at least half of shareholding in any operation in Marange. Daily News reports that Yamin, who had ...

Share. Harare - The Zimbabwe government has ordered seven diamond companies in the Marange area of eastern Zimbabwe to immediately stop all mining activities, a month after complaining about ...

Zimbabwe has ordered Mbada Diamond Mining and Canadile Miners to stop mining at the Marange diamond fields, the state-run Sunday Mail reported. The companies, which were awarded contracts to mine the fields in November in partnership with the Zimbabwe Mining

Seven diamond mining companies — Anjin Investments (Anjin), Diamond Mining Company (DMC), Gye Nyame, Jinan Mining Private Limited (Jinan), Kusena, Marange Resources and Mbada Diamonds — are ...

All these investments and improvements are great, but if diamond mining is to get better in Zimbabwe mining companies should practise sustainable mining in their respective communities of operation. This comes after most researchers have raised flags in the way diamonds are mined particularly at Marange.

Government triggered the diamond rush in Marange in 2022 in a bid to get political mileage, a report by the Human Rights Watch (HRW) revealed at the time. ... The government gave mining concessions to various companies that went into partnerships with the Zimbabwe Mining Development Corporation to stop the leakage of diamonds but according to ...

Dec 18, 2020The report particularly highlights the experience of women in Marange, found to contain diamonds in 2022, which it described as "the most securitised, politicised, and militarised [sic] mining area in Zimbabwe," referring to its occupation by government security forces to exploit it. ... Outrage against multiple Chinese mining companies ...

Within weeks of the start of Marange's diamond rush, spokespeople from the World Diamond Council, a consortium representing the major diamond mining companies and retailors globally, portrayed Marange as a chaotic local space in need of stricter surveillance and control, criticizing smuggling as a rampant problem (Onstad, 2022).

Mar 24, 2022Following some upheaval in recent years, the Marange diamond fields are currently mined by two companies: the state-owned ZCDC; and Anjin, a joint venture between Chinese company Anhui Foreign Economic Construction Group and the Zimbabwean military's investment vehicle Matt Bronze.

On Wednesday, one of the deposed diamond companies that mines in Marange in partnership with the government fired back, ... Ramzi Malik, general manager of Diamond Mining Company, a 50-50 joint venture between United Arab Emirates-registered Pure Diamonds and the state-run Zimbabwe Mining Development Corp., told Reuters that its joint venture ...

The discovery of diamonds at Chiadzwa in Marange triggered an unprecedented diamond rush, which culminated in more discoveries. Other discoveries were made on the Chikwakwa plateau under Chief Muusha, and on Charleswood Farm east of Chimanimani. The Charleswood deposit is being evaluated by the DTZ-Ozgeo company.

The survey also found that while some locals are interested in securing employment at the mining companies, there is general disgruntlement over their failure and that of government to develop the area. The people of Marange desire to see a thriving local economy spurred by the mining of diamonds.

Zimbabwe has stopped the sale of diamonds from the Marange fields, saying an auction earlier announced was premature and that international supervision would be required before the sale could proceed. ... Mining news and in-depth feature articles on the latest mining company deals and projects covering trends in mineral exploration with up to ...

HARARE - The Supreme Court has directed Marange Resources to pay renewal fees that would enable Mbada Diamonds' principals, Mauritius-registered Grandwell Holdings, to resume mining operations in the Chiadzwa diamond fields in line with a special grant agreement entered between the parties in 2022. The litigation between Grandwell Holdings and the government-owned firm arose after the then Mines minister Walter Chidakwa called for a meeting in February 2022, where he cancelled operations ...

MUTARE, Zimbabwe — Anjin Investments, a diamond company partly owned by the Chinese, is set to return to the mines in the Marange diamond fields of eastern Zimbabwe, but its return is generating ...

Marange. Marange is the name of diamond fields that spread over some kilometers in Chiadzwa, Zimbabwe. These diamonds fields were discovered in 2022, at the peak of the political, economic and humanitarian crisis in the country. The production of diamonds in Marange is controversial due to the illegal mining and the frequent government ...

Diamond Mining Corporation general manager, Mr Ramsey Malik, Marange acting chief executive and Jinan head of marketing all expressed ignorance about the need for each of them to contribute $10 ...

By Business Reporter - Wednesday 10 February 2022. HARARE (Mining Index) - NAN JIANG AFRICA is an abandoned diamond mine located in Bikita close to Save Valley Conservancy that was set up at the height of the Marange diamond consortium of Chinese and Zimbabwean firms registered Nan Jiang Africa Resources Ltd. However, the mine was closed prematurely due to a dispute with Ministry ...

Zimbabwean President Robert Mugabe accuses foreign mining companies of stealing the country's wealth, following a government decision to take over all the country's diamond mines.

Mar 2, 2022The government took over all diamond mining in Marange through a state-owned company, the Zimbabwe Consolidated Diamond Company (ZCDC). But in 2022, only Anjin Investments was allowed to

In some ways, their ordeal began when Marange was discovered to have one of the world's richest diamond deposits in June 2022 and, over the next two years, 30 000 small-scale miners flocked to the area. This led to a water, sanitation, and housing crisis, as well as a rise in smuggling and violence as politically influential figures allegedly ...

Marange's 2022 diamond production is expected to reach nearly 17 million carats, valued at $ per carat, the lowest of any major producer except Australia. (The two other mining operations in Zimbabwe, River Ranch and Rio Tinto's Murowa, were not affected by KPCS sanctions.)

In the next 8 years an estimated US$24 billion in rough diamonds was extracted from an area of 60 000 hectares of alluvial sand and soil in the Marange area. After costs of about US$7 billion ...

In 2022, Anjin had been expelled from Marange, along with several other companies, after then President Robert Mugabe accused it of having looted diamonds worth $15 billion, a claim it strongly denied. Yet to many people's dismay, the government readmitted Anjin in 2022. And in early 2022, it returned the company the country's most ...

The company was granted concessions to mine for diamonds in Marange in 2022 but soon ran into problems, allegedly flouting environmental regulations and failing to honour its financial obligations.

Three of the four companies mining diamonds in Marange are joint ventures between some private companies and the Zimbabwe Mining Development Corporation (ZMDC) whilst the fourth, Marange Resources, is wholly owned by the Zimbabwe government through ZMDC. The companies were awarded special grants by President Mugabe to shield them from normal ...

The study established that the five diamond mining companies doing business in the two communities had failed to honour their pledges of contributing USD10 million each towards the development of ...

Alluvial diamonds depleted, is there hope for conglomerate diamond mining in Marange. Previous diamond mining companies did not carry out any meaningful exploration activities. Considering that alluvial diamonds are diminishing, ZCDC is undertaking exploration work on conglomerate diamonds to evaluate diamond resources with a view of increasing ...

When the scramble peaked in October 2022, more than 35,000 people, including children and women, were either mining or buying diamonds in Marange. ... And Jewelry companies, diamond traders, and ...

Mining deeper conglomerate rock requires more advanced equipment, and some of the Marange companies are reluctant to put forth the capital expenditure necessary to procure the needed equipment. Figure 3: Companies currently mining in Marange, all of which are partnered with the Zimbabwe government affiliate ZMDC. Source: company data, Global ...