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Jun 08, 2017· Source: SA firm loses Mbada asset claim | The Financial Gazette June 8, 2017 By Cyril Zenda. A SOUTH African mining firm has lost its claim that some of its mining equipment was wrongly seized in a swoop on Mbada Diamond''s assets, which were attached to pay off the former Marange mining company''s debts.
Mbada Diamonds (joint venture New Reclamation Group Zimbabwe Mining Development Corporation) ... The Government of Zimbabwe has ordered diamond mining companies in Chiadzwa and Chimanimani to stop operations and clear their equipment in 90 days as the government will take over all diamond mining operations in the country. ... Article. 21 June ...
Jan 2015 – Present 5 years 6 months. Dorowa. Exploration Geologist Mbada Diamonds. Sep 2012 – Dec 2014 2 years 4 months. Marange. Exploration Geologist Gecko Mining. Jan 2012 – Aug 2012 8 months. Marange. Exploration Geologist Namura Mineral Resources Xemplar Energy.
execution to satisfy Mbada Diamonds'' debts. Claimant alleges that between September 2011 and December 2014 Smit Investment Holdings SA (Pvt) Ltd trading as Gecko Projects intermittently rendered contract mining and beneficiation services to Mbada at its mining site near Mutare.
In its lawsuit, Zimbabwe is seeking an order that compels Mbada Diamonds to pay the debt with an interest of five percent per annum calculated from the March 13, 2015 to the date of full ...
The 7 companies currently operating are: Marange Resources, Anjin Investments Ltd., Diamond Mining Company, Gyn Nyame Resources, Jinan Mining Ltd., Kusena Diamonds, and Mbada Diamonds. History Mineral rush. A mineral rush began in September 2006, but accelerated following the government takeover. By midDecember 2006, around 10,000 illegal ...
In 2012 I made the following presentation to the House of Assembly in Harare. I have subsequently reviewed my data and from this data I estimate that between 2008 and 2015, total value of diamonds produced from the Marange fields was 17,2 billion. This is higher than the figure given by Mr. Mugabe of 15 billion which may allow for a discount on sales to cover their illegality.
Apr 04, 2014· In the letter, Muhwati said: "We advise having received Zimra garnishee orders on the following clients: Diamond Mining Corporation 5 559 235,41; Mbada Diamonds 132 606,53 and Mbada Diamonds ...
Jul 05, 2018· Mbada was booted out of its claims in March 2015 on implementation of a controversial consolidation of seven mines Anjin, Diamond Mining Company, Jinan, Mbada Diamonds, GyeNyame, Kusena and Marange Resources that operated in the Chiadzwa area. Anjin has also regained access to its land and plant in Chiadzwa.
Jul 09, 2014· Dr. Robert Mhlanga, Chairman of Mbada Diamonds is a joint venture between Zimbabwe Mining Development Corporation through Marange Resources and New Reclamation Group through Grandwell Holdings. The head of Zim''s Marange diamond firm, a trusted Mugabe lieutenant, has paid inflated prices for prime real estate in KwaZuluNatal and on. A trusted lieutenant of Zimbabwe .
Apr 04, 2014· Taxman raids Mbada Diamonds April 4, 2014 in NewsDay by Paidamoyo Muzulu THE Zimbabwe Revenue Authority (Zimra) is embroiled in a nasty spat with one of the country''s leading diamond producers, Mbada Diamonds, over unremitted withholding and corporate tax believed to be running into hundreds of millions of dollars.
SHE OFFICER at MBADA DIAMONDS South Africa 42 connections. Join to Connect. MBADA DIAMONDS. ... Present 8 years 1 month. Training employees on dangers associated with their work. Inspection and Audits in the plant and mining site. Accident and incident Investigations. ... Apr 2013 – Jan 2015 1 year 10 months. Disaster and ...
Jun 30, 2014· Khumalo is daughter to Mbada Diamonds board chairman Robert Mhlanga. "Mahlangu was fired and this is related to failing to make sure that the company paid Gecko as was agreed with Zimra when the company''s bank accounts were garnished earlier this year. Mbada owes Gecko R200 million and 247 000 for withholding taxes," the source said.
Jul 19, 2014· Not So Rosy: Sports commentator Charles Mabika at the 2013 Mbada Cup launch. The largest diamond mining company at Chiadzwa employing over 1 700 workers slashed salaries nearly two months ago, in ...
Projects Manager at Gecko Mining Johannesburg Area, South Africa 57 connections. Join to Connect. Gecko Mining. INTEC. ... (Aluvial and Conglomerate mining). Promoted to SM Mbada Diamonds for Genet Africa (Zimbabwe). Project Manager Fountain Civil engineering. Jul 2009 – Sep 2011 2 years 3 months. Johannesburg. Startup of mining division in ...
The exploration drilling fleet consists of ten diamond core drilling and four reverse circulation drill rigs with the required support equipment. A combination of mechanical and hydraulic drills have the capacity of drilling to depths of 1,000 metres. Track mounted rigs allows access in .
May 18, 2016· The Namibian mining company was subcontracted by Mbada Diamonds to supply mining equipment to aid the Zimbabwean company to exploit diamonds in Chiadzwa. Mbada has been mining in Marange since 2009. Gecko provides several services, among them exploration drilling, chemical analyses, RD metallurgical test work, civil engineering and ...
Apr 10, 2014· The Mbada mining firm, which has been operating at the Chiadzwa diamond fields since 2008, has said it is not at fault for the nonpayment of millions of dollars in tax. Mbada Diamonds is a .
In 2015 RioZim took over the management of Murowa at a time the company had stopped mining sighting viability issues. RioZim led a strategic overhaul exercise for the Company which resulted in a radical change in its business by steering it to a new life of mine plan, new approach to mining and a massive brownfield expansion of the plant code ...
Jun 30, 2014· MBADA Diamonds has fired its chief administration officer Major Mahlangu for allegedly failing to liquidate a debt of over R200 million owed to one of its suppliers, Gecko.
Jul 31, 2015· There are five mines operating in Marange — Anjin, Diamond Mining Corporation, Jinan Mining Private Ltd, Marange Resources and Mbada Diamonds — after Gye Nyame and Kusena went under. Gye Nyame and Kusena will be taken over by wholly governmentowned Marange Resources. Other diamond producers outside Marange include DTZ OZ GEO and Murowa ...
Government''s influence to the operations of Mbada Diamonds through Marange Resources (Private) Limited which has a 50 percent shareholding in Mbada Diamonds. In 2015 the Government of Zimbabwe through the first appellant crafted a policy to merge all diamond mining companies at Chiadzwa into one single entity, the fourth appellant
Mar 17, 2017· MBADA Diamonds (Private) Limited, previously the largest producer of gems in the troubled Chiadzwa diamond fields, is drowning in massive debts accrued during its illfated mining stint. By Obey Manayiti/Elias Mambo Mbada Diamonds is contesting the government''s decision in court, arguing it has been financially paralysed, failing to pay a long list of service providers. .
Jan 23, 2015· The push to consolidate diamond mining firms comes at a time when alluvial diamonds are fast running out in Chiadzwa, resulting in revenue generated by the companies dwindling. Big companies, among them Anjin and Mbada, have been forced to .
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