Zimbabwe diamond resources are some of the largest in the world. Imperialism has attempted to prevent the Southern African state from trading its most lucrative resource on the world market., a photo by Pan-African News Wire File Photos on Flickr.
Latest on Bikita diamonds
Saturday, 11 May 2013 00:00
Masvingo Bureau
Zimbabwe Herald
Government says it has formally received an application for a licence to start mining of diamonds in Bikita from Nan Jiang Africa Resources. But Government yesterday stressed that the firm would only get licenced if it cedes majority shareholding to Zimbabweans in line with the country’s indigenisation and empowerment laws.
Nan Jiang Africa Resources, believed to be a consortium of Chinese and Zimababwean businessmen, recently applied for a licence to start diamond mining in Bikita.
This follows the discovery of four kimberlite pipes in the Devuli Ranch in Budzi communal lands.
The area where the diamonds were discovered lies on the border with Manicaland which is home to the Chiadzwa diamond fields.
Speaking on the sidelines of a national mineral policy stakeholders’ meeting in Masvingo, Deputy Mines and Mining Development Minister Gift Chimanikire confirmed that Nan Jiang Africa Resources had formally applied for a diamond mining licence. Government, he said, was currently considering the application.
Deputy Minister Chimanikire, however, said they had already informed the company of the need to fully comply with the country’s indigenisation and empowerment laws for them to get a licence to operate.
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