26 September 2017
Kidnapped love rat ‘lucky to be alive’
Court: Man up for leaking bond coins
Govt official: Zim pensioners destitute
Biti runs a mile from Mujuru, Zapu
Road carnage: Kombis blame ZRP fraudsters
Kenya police tear gas protestors
Ugandan lawmakers in presidency brawl
Angola succession: New leader in after 38yrs
Meikles Ltd seeks new investment
Afreximbank arranges $1.8b Zim loan
Relief effort: Lopez donates one mln
Two SA plays at Theatre in The Park
Mourinho says unfazed by key injuries
Wenger fumes over gruelling schedule
Zim needs mass public demonstration
Currency crisis and the art of deception
Stinking diplomacy, international law
Angel’s underwear prophecy a new low
De Beers’ Marange ‘looting’ files missing
21/11/2011 00:00:00
by Business Day
Marange looted ... Obert Mpofu
UNDP: Zim so rich it can be Africa's NO 1
Diamonds funding state terror: global group
Gvt says diamonds sector dead, engages Chinese
Marange villagers still wait for compensation
De Beers maintain Marange denial
NGOs step-up anti-Marange fight
Israeli diamond smuggler expelled
Israelis held over diamonds
Zim blasts 'jealous howling' over Marange
Europeans keen on Zim diamonds
Zim boycotts new KP talks
Africa diamond producers blast KP
Kurotwi freed on technicality
Diamond execs deny fraud
Chiadzwa swindle 6 in court
Zim defiant after KP stalemate
KP maintains Zim diamond embargo
6 held over $2bn Marange fraud
AAG says KP future at stake
Australia, US pose KP roadblock
Diamond exports to resume: Mpofu
AAG joins Marange fray in Israel
'Nasty fight' expected over Marange
Mpofu claims new diamond discoveries
Miners to sell 10pc diamonds locally
Second diamond auction held
Diamond sales secrecy declared
Court strips ACR of Marange claim
Zim to polish, cut own diamonds
Zim eyes $2bn annual diamond windfall
Indian buyers bought 83pc auction diamonds
Mpofu dismisses US group's Marange ban
Diamond auction raised $72 million
Diamond geezers arrive for auction

THE Zimbabwe government’s bid to sue global diamond giant De Beers over its "looting" of the controversial Marange diamonds remains uncertain as it has emerged that key documents that detail De Beers’ exploration have disappeared.

Led by Mines and Mining Development Minister Obert Mpofu, Zimbabwe accuses De Beers of exploiting the Marange diamonds for more than 10 years, and is known to have been in the process of drafting a lawsuit against the diamond company.

But it has emerged that key documents that form the backbone of the Zimbabwe government’s case against De Beers, and are said to expose "massive looting and the shadowy exportation of mining samples from the Marange area", have gone missing.

It is understood that the Mining Promotion and Development Unit, a unit in the mines ministry, had kept the controversial documents. A senior official at the ministry highlighted that the crucial evidence could have been manipulated or destroyed to "advance certain interests".

Fuelling speculation is the sudden announcement last week of vacancies in the unit for the posts of director and deputy-director, which is thought to be linked to the disappearance of the documents.

A witch-hunt is said to be occurring in the mines ministry.

De Beers held mining rights in the Marange area from 1993 to 2006 before it sold them to local outfit Africa Consolidated Resources.

"De Beers were there at Marange for 13 years and they didn’t say they found diamonds in Zimbabwe. It does not take five minutes to find diamonds in Marange," Mpofu said.

"When the government started asking questions, De Beers left. Their withdrawal was so sudden. All the diamonds are not accounted for. They exported not hundreds but thousands of tons of diamonds without Kimberley Process Certification Scheme approval," Mpofu said.

De Beers has denied the government’s accusations. "As we have said repeatedly, these allegations are totally untrue," spokesman Innocent Mabusela said.

Zimbabwe has been given the green light to sell its controversial Marange diamonds, but De Beers has vowed not to buy any of the "low quality" diamonds — perceived to be an arm-twisting tactic.

Economist Eric Bloch said: "The feud between Zimbabwe and De Beers over the diamonds is political, it’s nothing more than just petty politics at play.


“With De Beers having control of nearly a third of global rough diamonds, shunning Zimbabwe’s diamonds could put a dent on the country’s prospects of earning revenue of $2bn from the sale of its Marange diamonds.”

Email this to a friend Printable Version Discuss This Story
Share this article:

Digg it






Face Book



comments powered by Disqus
RSS NewsTicker