Vast Resources pushes towards production in Romania and Zimbabwe thezimbabwemail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thezimbabwemail.com Daily Mail and Mail on Sunday newspapers.
15 march 2021
08 february 2021 AIM-listed Vast Resources said in September 2019 that it had concluded a joint venture with Chiadzwa Mining Resources, a company designated to represent Chiadzwa Community interests in the Chiadzwa Community Diamond Concession. The joint venture resulted in the establishment of Katanga Mining, which will in turn partner with the Zimbabwe Consolidated Diamond Company (ZCDC) to mine diamonds in Marange. Vast also revised an agreement with Botswana Diamonds, which will see the latter acquire a 2.5% interest in the cash flows generated from Vast s share in the Chiadzwa concession in exchange for providing know-how for all aspects of exploration, mining, processing and marketing .
Zimbabwe: Jewellers need a more robust human rights research, including risks of smuggling & money-laundering; opinion
âWhy jewellers need to vet their global supply chainsâ 31 January 2021
Gold and diamond jewellery symbolises affluence, artistry, beauty and love. Jewellery is a coveted gift for loved ones on special occasions such as Christmas, weddings and Valentineâs Day. But the gold and diamonds in our jewellery can also mean suffering for those who work in mining or live in nearby communities. This has been the case in Zimbabwe, where mineworkers face hazardous conditions and serious abuse, including violence and death. On 25 November, at least 10 artisanal mineworkers died at Ran Mine, a gold mine near Bindura in central Zimbabwe, the government reported. A mine shaft collapsed when minerworkers were blasting gold-bearing rock. The mineworkersâ federation estimates the number of dead as high as 40.
Yesterday
02 february 2021 (allafrica.com) - An army-linked miner, Anjin Investments (Pvt) Ltd, grabbed the most lucrative diamond claim in Marange from a firm owned by the government after being relicensed under unclear circumstances, it has emerged. Investigations carried out with support from Information for Development Trust, a non-profit organisation helping journalists to expose corruption and bad governance, established that Anjin has effectively taken over Portal B, a diamond-rich zone in Marange that was being mined by the Zimbabwe Consolidated Diamond Company (ZCDC), a government outfit set up in 2016.