Supreme Court Ordered RBZ to Keep Marange Diamond
The supreme court of Zimbabwe has ordered the Reserve Bank of Zimbabwe keeping millions of dollar worth diamonds, mined from controversial chiadzwa diamond fields whose ownership remains in dispute.
The latest ruling stems from an ownership wrangle over the diamond claims in the eastern Marange district with a British firm, African Consolidated Resources will its diamonds from the area government.
“The chief justice said that the diamond should be kept by a neutral party until the resolution of ownership dispute gets completed”, said by Jonathan samkange lawyer of ACR.
Also, he said that the court has been ordered the Zimbabwe mining development corporation to return of the diamonds extracted from African consolidated resources.
Samkange said that the court order will affect 129 000 carats of diamonds including gems mined by ACR, gems seized by police and precious stones already mined.
In 2006 ACR get hold of the claims, but the license was later cancelled by the government prompting the firm to seek recourse in the court.
The Zimbabwe mining development corporation set up a joint venture with two private companies to mine the diamonds. But the marketing is currently
The industry associations and rights groups have stepped the efforts to ensure the operations in marange that it complies with the Kimberly process.
A union of industry associations and representatives recently met with top US. State Department officials to urge a tough stance on Zimbabwe to ensure the country is being monitored in accordance with the Kimberley Process.
The industry representatives want to see the U.S. government and other nations involved in the Kimberley Process will implement a “joint work plan” aimed at bringing Zimbabwe into full compliance with the process.
People involved in the Kimberly Process, which is designed to stem the flow of conflict diamonds worldwide, developed a plan at their last meeting in Namibia, which addressed issues of non-compliance and alleged human rights abuses at the Marange fields.





