×
316
Fashion Jobs
TIME TECHNOPLAST
Area Sales Manager
Permanent · Andheri
LIFE TURN MANAGEMENT CONSULTANT
sr. Manager Production - Sricity, Tada - Mnc Company - Engineering Ind
Permanent · Tada
MCKENZIE
Hiring For Retail Store Merchandiser / Manager
Permanent · Chennai
V2B GLOBAL CONSULTANTS
sr Technician Apparel -Buying Office
Permanent · Gurugram
MANPOWERGROUP SERVICES INDIA
Opening || Horeca Sales Manager || Kolkata
Permanent · Kolkata
ADIDAS
Senior Product Owner - Machine Learning & ai
Permanent · GURUGRAM
ADIDAS
Senior Technology Consultant - Omnichannel
Permanent · GURUGRAM
PUMA
Manager- Warehouse (B2C)
Permanent · Bengaluru
HARMAN FINOCHEM
sr. Manager- Api Production For Srp With Leading Pharma @ Aubad
Permanent · Aurangabad
PNB HOUSING
Area Sales Manager
Permanent · Thane
PNB HOUSING
Area Sales Manager
Permanent · Pune
JM FINANCIAL HOME LOANS LTD
Area Sales Manager - Home Loans
Permanent · Chennai
DANIEL WELLINGTON
IT Support Specialist
Permanent · MUMBAI
DBS BANK
Hiring For Area Sales Manager - Gold Loan
Permanent · Karaikal
DBS BANK
Hiring For Area Sales Manager - Gold Loan
Permanent · Thiruvarur
DBS BANK
Hiring For Area Sales Manager - Gold Loan
Permanent · Tirunelveli
AVANTOR
Area Sales Manager- Lab Consumables
Permanent · Pune
ADIDAS
Manager Brand Activation Originals
Permanent · GURUGRAM
ZACH LIFESTYLE PVT. LTD.
Manager - Content & Social Media
Permanent · MUMBAI
NEW ALFA INTERNATIONAL
Foundry Production Manager
Permanent · Dubai
MEDCIS PATHLABS
Medcis Pathlabs is Hiring For Pathology Area Sales Manager
Permanent · Visakhapatnam
PERFECT PUBLISHING SOLUTIONS
Area Sale Manager-b.Tech Fresher-German Mnc -Immediate Joining
Permanent · Bhubaneswar
By
Reuters
Published
Jan 11, 2010
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Zimbabwe halts diamond sale, awaits monitor

By
Reuters
Published
Jan 11, 2010

By Nelson Banya

HARARE (Reuters) - Zimbabwe's government on Thursday 7 January halted the sale of diamonds from its controversial Marange fields, saying the process would only go ahead under international supervision.



State media had earlier quoted the chairman of a joint venture firm set up by the government and two South African companies as saying diamond auctions would start on Thursday 7 January, but a senior government official said the announcement was premature.

"There was no auction today, no sale of diamonds," Thankful Musukutwa, permanent secretary in the mines ministry, told reporters.

"The government observes and is committed to the administrative decision of the Kimberley Process Certification Scheme ... that all shipments from all production sites in the Marange area will be subject to examination and certification by a KPCS monitor."

Musukutwa said the government and the KPCS, which regulates the global diamond trade, were in the process of engaging a monitor to oversee the diamond sales.

"There will be no sales or exports of Marange diamonds until all government regulations and KPCS stipulations have been met."

Rights groups accuse security forces of committing widespread abuses to stop thousands of illegal diamond miners who descended upon the poorly secured fields in the eastern part of the country and have been pushing for a ban on Zimbabwean diamonds.

ZIMBABWE TOLD TO IMPROVE CONDITIONS

The KPCS voted last November to allow Zimbabwe to continue mining and trading in diamonds, but gave it six months to improve conditions in Marange.

The government, through mining arm Zimbabwe Mining Development Corporation, has partnered little-known South African companies, Core Mining and Grandwell Holdings, to set up Mbada Diamonds, a joint venture firm which is mining diamonds in Marange.

Mbada Diamonds chairman Robert Mhlanga told the state-controlled Herald newspaper that about 300,000 carats worth of diamonds would be auctioned in Harare on Thursday 7 January.

International diamond buyers from the Americas, Europe Asia and Africa would take part in the auction, he said.

The Zimbabwe government would earn up to 80 percent of the proceeds from the diamond sales, the Herald reported.

The Marange diamond fields are at the centre of a legal dispute between the Zimbabwe government and London-listed African Consolidated Resources (ACR), whose claims were cancelled by the authorities in 2006.

The government has ignored a High Court order, issued last September, to restore the Marange claims to ACR.

Other players in Zimbabwe's diamond mining industry are Rio Tinto, whose Murowa is the country's largest diamond mine, and the privately run River Ranch mine.

© Thomson Reuters 2023 All rights reserved.