Diamond about turn


The government now wants to reduce the number of diamond mining companies in Marange from seven to two because they have not accounted for the revenue from their operations and has already notified the mining companies. Companies currently operating in Marange are: Anjin Investments, Diamond Mining Company, Gye Nyame, Jinan, Kusena, Marange Resources and Mbada Diamonds. Marange Resources is the only government-owned company. The others are in joint ventures with the Zimbabwe Mining Development Corporation which wholly owns Marange. “We have invited the mining companies to discuss policy direction and to deal with the issue of consolidating financial and human resource issues,” Mines Minister Walter Chidakwa said. “We also discussed legal issues and the issue of equipment. We are currently waiting for the Chinese (Anjin) to come because they said their chairman has to come from China and we are meeting them in the second week of May.


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Charles Rukuni
The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.


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