The High Court has allowed the largest diamond mine in the Marange fields to return and assume control of all assets after challenging government's decision to stop mining operations.
Zimbabwe's mines minister on February 22 ordered all nine companies operating in the diamond fields in the east of the southern African country near Mozambique to stop mining and leave because their license had expired.
Mbada Diamonds, a 50/50 venture between the government and Mauritius-registered Grandwell Holdings, yesterday won a reprieve from the High Court, which ruled that Mbada should have full control of its assets.
In the interim judgment, the Ministry of Mines was ordered to let Mbada's security personnel have access to the company's mining site in Marange.
"As a contingency plan pending the hearing of this matter … (Minister of Mines) shall allow such security personnel full access to all the relevant premises thereat, including residential premises, full access to all the equipment, diamond ore and any other assets," Judge Joseph Mafusire said.
A full hearing on whether Mbada can resume mining will be held tomorrow.
"We believe in the original position that we took and we stand by that decision. The Attorney General will launch an appeal this morning," said Chidhakwa.
Continued
(108 VIEWS)
This post was last modified on %s = human-readable time difference 5:41 pm
Page: 1 2
Plans by the ruling Zimbabwe African National Union-Patriotic Front to push President Emmerson Mnangagwa to…
The Zimbabwe government’s insatiable demand for money to satisfy its own needs, which has exceeded…
Economist Eddie Cross says the Zimbabwe Gold (ZiG) will regain its value if the government…
Zimbabwe’s capital, Harare, which is a metropolitan province, is the least democratic province in the…
Nearly 80% of Zimbabweans are against the extension of the president’s term in office, according…
The government is the biggest loser when there is a discrepancy between the official exchange…
