On 16 July 2018, Minerals Marketing Corporation of Zimbabwe (MMCZ) in conjunction with Applebridge Investments held a small scale chrome miners consultative meeting at Cresta Lodge in Harare. The meeting discussed inter alia; chrome production constraints, pricing and logistical challenges. One of the recommendations mooted during this meeting was the formation of a chrome ore pricing Committee, which comprises representatives from lumpy chrome producers, chrome concentrate producers, Zimbabwe Miners Federation (ZMF) and MMCZ. It was agreed that the purpose of the Committee would be to set minimum floor prices below which export sales could not take place. 

BOGUS DIAMOND AGENTS ALERT

Tuesday, 03 July 2018 by

Minerals Marketing Corporation of Zimbabwe (MMCZ) wishes to advise the diamond customers, business community and all stakeholders, that it is the sole marketer of all minerals including diamonds produced in Zimbabwe except gold and silver. As such, MMCZ does not have any approved, certified nor accredited diamond agents.

It has regrettably come to the attention of MMCZ that there are unscrupulous criminal elements masquerading as MMCZ agents that are misrepresenting the country by acting as Zimbabwean diamond trade middlemen. In particular, MMCZ wishes to distance itself from the dealings of Kaluba Diamonds, a company that is fraudulently using MMCZ’s logo in its documents.

The mining fraternity is on the brink of rediscovering its old sparkle especially looking at the vast developments that have been witnessed lately. Among other developments is the imminent commissioning of the Yadah Connect’s marble cutting and polishing plant located on Plymouth Road in Southerton. The plant is being assembled and the commissioning is penciled for the end of February if all goes according to schedule. The plant will be getting material for processing from the Yadah Connect mines. Currently Yadah Connect has one operational marble mine in Concession and 27 marble claims dotted around the country, which are yet to be operationalised.

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