Zimbabwe diamond firms revolt, to sue Gov’t over mining ban

Source:MINING

At least one of the diamond miners that saw their licences revoked and were asked to leave Zimbabwe earlier this week because their licences had expired, is planning to sue the African nation’s government for breach of contract.

Speaking to Reuters, Zimbabwe's Diamond Mining Company’s (DMC) manager Ramzi Malik said the firm’s contract with the State clearly stipulated that renewing licences was the responsibility of the government, through its state mining arm Zimbabwe Mining Development Corporation (ZMDC).

DMC is not alone. Industry sources told The Zimbabwean that more affected companies are looking for a way out of the situation, which includes legal actions or even international arbitration to challenge the government’s decision.

"There is not going back" — Mines Minister Walter Chidhakwa.

The government has not replied to the mining companies complains yet, but state-controlled Herald newspaperquoted Mines Minister Walter Chidhakwa Friday saying there were “not going back” on the government’s decision, which he qualified as “not negotiable.”

President Robert Mugabe’s government has been accused of a lack of clarity on the particular issue and the country’s diamond industry in general. A decision to merge miners into the Zimbabwe Consolidated Diamond Company has also been controversial, and there is speculation that Rio Tinto’s (LON:RIO) withdrawal from the country last year, was in part due to the increasingly hostile business climate.

Authorities have increased security at the mines in the Marange District after news of lootersinvading the country’s diamond fields right after operations ceased.

| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 |



HAKIMADINI AND VOLUNTEERS VISITED BY AUSTRALIAN DEPARTMENT OF FOREIGN AFFAIRS AND TRADE

  1. This week HakiMadini was visited by Ms Heather Randall (pictured far left) and Ms Julie McCullum (3rd from right) from the Australian Department of Foreign Affairs and Trade. Ms Randall and Ms McCull…
  2. {read by 27 people}


ACCACIA: UPDATE FOLLOWING PRESIDENTIAL COMMITTEE FINDING;

  1. Further to yesterday's announcement, Acacia would like to confirm that it is continuing to operate all three of its mines in Tanzania, namely Bulyanhulu, Buzwagi and North Mara. We would also like t…
  2. {read by 27 people}


Training On Preventing Violent Extremism

  1. On 3rd June HakiMadini staff Erick Luwongo attended a one day training in Tanga on Preventing Violent Extremism. This training was basically intended to alert the participants on how religion can be m…
  2. {read by 52 people}


Police arrest 31 foreigners using youths to steal copper from the mines

  1. Police on the Copperbelt have arrested 31 foreigners allegedly using youth to steal copper from mines for their illegal mining activities. Some of the youngsters used for stealing are as young as 9-ye…
  2. {read by 47 people}


Govt: Dangote, mining firms have 3 months to list on DSE

  1. Dodoma. The government has said 12 mining companies, including Dangote Industries Limited, must start processing of listing a minimum of 30 per cent of each company's shareholding at the Dar es Salaam…
  2. {read by 73 people}


IANRA STEERING COMMITTEE MEETING

  1. Amani Mhinda from HakiMadini is attending steering Committee meeting of the International Alliance on Natural Resources in Africa (IANRA), held at Birchwood Hotel Johannesburg from 29-31st May 2017. I…
  2. {read by 56 people}



khjg