Harare, December 06, 2010 – MBANDA Diamonds Mining, a company authorized by government to mine diamonds in Chiadza, has announced that over 300 000 carats of diamonds will go on sale Thursday at the newly converted diamond processing facility at the Harare International Airport.
Chiadza Diamonds
The chairman of Mbada Diamonds Robert Mhlanga said Thursday’s sale will be followed by another one next week and they will be declaring dividend to government as soon as the transactions are completed.
“International diamond buyers from as far as the Americas, Europe and Asia have already started arriving for tomorrow’s sales, which are expected to run for the next three days,” said Mhlanga adding that they will be accepting buyers who take the gems in large volumes.
He said the Zimbabwean government, through Marange Resources, is expected to earn 75 percent of the total sales revenue through a 50 percent weekly dividend, a 10 percent royalty fee, 15 percent taxation and a five percent resource depletion fee.
“In order to ensure maximum security and compliancy with the Kimberly Process, the first consignment of the diamonds on sale were airlifted from Chiadzwa diamond fields under guard from the police, Mbada Mining
security officers and the Government Mineral Unit,” said Mhlanga.
Officials from the Zimbabwe Revenue Authority (Zimra) will also be at the points of sale to ensure that there are no leakages.
Mhlanga said since the commencement of the diamond mining operations towards the end of last year, Mbada Diamonds has put in massive infrastructure including water, housing, a private airstrip and fenced over 1000 hectares of the mining concessions.
The chairman also revealed that they have embarked on a massive housing project and crop input scheme worth millions US dollars for relocated families from Chiadzwa and Marange areas.
Villagers from Chiadzwa are fighting relocation arguing that they can only move after being compensated.
Additional Reporting : Radio VOP
Still remains very sketchy especially if a man called “Afante” Mhlanga, is involved. This man looted Mozambique dry during the Mozambique campain when wew were both working for the Airforce. A Zanu(PF) through and through. Very , very unclean circumstances in this issue, shame. How much money do individuals really want?
Va, mat,uzvi adona, I’m sure Zimbabweans who wish to see and are working for a new dawn and like minded democrats across the world, would applaud you if you revealed in detail, not only the looting of “Mozambique dry during the Mozambique campaign” committed by this man called “Afante” Mhlanga, but the whole unsavory affair.
Evil thrives when good people keep silent.
Thank you for your brief expose, I urge you to proceed on the trail of airing the dirt being swept under the carpet in Zimbabwe.
As I earlier told you Big Fish, those who have track of history are still alive and available to give information about such charaacters as Mhlanga, now that the sale has be terminated this goes on to prove my point. Do you really need more information. Set up th truth inquiry , people like myself will give you someof the hidden secrets of these guys, a depth into the unknown.