Gems belonging to the closed Marange diamond mine Gye Nyame Resources that were reported ‘missing’ in June have been located at the Zimbabwe Mining Development Corporation (ZMDC). 160 more words
Tags » Marange
Zimbabwe’s High Court recently heard that diamonds belonging to a de-registered Marange diamond mine Gye Nyame Resources, have vanished.
The Source reports that the company’s judicial manager Winsley Militala told the court last week that creditors could not locate the company’s diamonds worth an unspecified value, which the company’s employees alleged had been sent to the Minerals Marketing Corporation of Zimbabwe (MMCZ). 197 more words
By Alex Bell:
The Mbada diamond mining firm that operates in the Marange region has been criticised for a record breaking football tournament sponsorship deal, despite the abject poverty facing thousands of people removed from the area. 401 more words
Zanu-PF’s economic recovery programme buoyed by mining revenues appears to be a pipe dream if new claims are to be believed.
Apparently expert sources say the Marange diamonds fields are fast drying up due to the severe depletion of surface gem deposits. 643 more words
Crystal Palace has snapped up French defender Florian Marange on a free deal from Ligue 1 outfit Bordeaux. The 27 year old fullback penned a 1 year deal at Selhurst Park which will see him at the club until 2014, possibly leading to a contract extension if Palace manage to retain their Premier League status. 306 more words