abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeblueskyburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfilterflaggenderglobeglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalitywebwhatsappxIcons / Social / YouTube
Article

19 Nov 2019

Author:
New Zimbabwe (Zimbabwe)

Zimbabwe: Mining firm’s partnership with local communities likely to reduce cases of illegal mining

‘Illegal diamond mining activities set to drop as ZCDC partners local communities’ 19 November 2019

Cases of illegal diamond panning in Marange are likely to drop following a new deal which will see local communities partnering the Zimbabwe Consolidated Diamond Company (ZCDC) and UK Stock listed company Vast Resources to mine the gems in the Chiadzwa diamond fields.  ZCDC chief security officer, Ellias Mvere, recently told an all stakeholders diamond indaba held in the eastern border town last week that a total of 3 259 illegal diamond panners were arrested from January to November this year with locals constituting 79% of the arrests. Civic society and local traditional leadership cited unemployment, high poverty levels and hunger as major reasons forcing locals to engage in illegal diamond mining activities.

“ZCDC want to form partnership with locals in the mining of diamonds and the agreement is expected to be signed by the end of the year. We are close to sign a joint venture to establish a company called Katanga which a joint venture between locals and a British capital listed company Vast Resources,” said De Preto. He said this is the first time the community will become an active shareholder in the mining of diamonds. “They will not be just partners but they will also receive profits from the mining activities,” said the acting chief executive officer adding “we are looking forward for the joint venture to be signed soon”.

…The local community welcomed the development as a step in the right direction in addressing the problems which were left unsolved by former mining companies. Zimbabwe`s diamond production reached 1,8 million carats in 2017,going up to 2,8 million carats in 2018 while the target for this year and next five years is 3.1 million and 6.12 million carats respectively.

Privacy information

This site uses cookies and other web storage technologies. You can set your privacy choices below. Changes will take effect immediately.

For more information on our use of web storage, please refer to our Data Usage and Cookies Policy

Strictly necessary storage

ON
OFF

Necessary storage enables core site functionality. This site cannot function without it, so it can only be disabled by changing settings in your browser.

Analytics cookie

ON
OFF

When you access our website we use Google Analytics to collect information on your visit. Accepting this cookie will allow us to understand more details about your journey, and improve how we surface information. All analytics information is anonymous and we do not use it to identify you. Google provides a Google Analytics opt-out add on for all popular browsers.

Promotional cookies

ON
OFF

We share news and updates on business and human rights through third party platforms, including social media and search engines. These cookies help us to understand the performance of these promotions.

Your privacy choices for this site

This site uses cookies and other web storage technologies to enhance your experience beyond necessary core functionality.