ZANU PF In Futile Attempt To Clear Diamonds Mess

 ZANU PF In Futile Attempt To Clear Diamonds Mess
Published: 2016 May 22 08:01:59 (3485 Views)
A CABINET minister has revealed that the country will continue with the mining model used in diamonds mining at Chiadzwa while also ensuring no further leakages take place after firms that used to mine at the fields failed to account for billions of US dollars in a decade of operations.

 

An independent auditor will soon be appointed to investigate the alleged losses.

 

Government’s moves to improve diamond mining come as Kimberley Process Certification Scheme intercessional meetings open in the United Arab Emirates tomorrow, with the West angling to place Zimbabwe on the agenda for "consolidating operations unprocedurally".

 

Western government’s preferred outcome would see diamonds from Chiadzwa subjected to sanctions, something the anti-Zimbabwe establishment elements have been pushing for years.

 

The KPCS comprises governments, industry and civil society, and pedominantly aims to stem the flow of conflict diamonds.

 

Mines and Mining Development Minister Walter Chidhakwa told a State run publication that his presentation in Dubai would focus on the legality of Zimbabwe’s mining consolidation.

 

He said Botswana’s Debswana — a joint venture between the government and De Beers — had worked profitably for years.

 

Minister Chidhakwa said:  "It is really a straightforward issue. We intend to explain to plenary that the structure in Zimbabwe has changed and that the companies no longer had valid licences. Naturally, in terms of the law, they could not operate without special grants.

 

"We will explain that we wanted only one company to operate mainly for the sake of transparency and accountability. Further, we will assure them that we have the mining field under control through the Zimbabwe Consolidated Diamond Company, which will operate in line with KP standards."

 

He also said:  "If, indeed, we are put on the agenda, we will simply explain our position and its legality in terms of local laws. Some people do not seem to understand the situation we were in and the one we are trying to create.

 

"But it should be understood that no one can dictate to us a system that is ultra vires our laws. We have an operational legal framework in Zimbabwe and no other country can force us to work outside that system."

 

For years, Mbada Diamonds, Anjin, Marange Resources, Diamond Mining Company, Kusena Diamonds, Jinan and Gye Nyame operated in Chiadzwa under 50-50 joint ventures with the State’s Zimbabwe Mining Development Corporation.

 

However, Government says it did not get much from the ventures and to set up the Zimbabwe Consolidated Diamond Company to rectify this.

 



- Sunday Mail
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