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Showing posts with the label africa consodlidate resources (acr)

The Government Lied About Marange Diamond Mines

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What investors? Mugabe arrives for Tendai Biti's Budget speech at parliament in Harare. The Zimbabwe government has installed two mining companies illegally at claims owned by someone else, despite their assurances to the contrary. Harare, Zimbabwe, 07 December 2009 It turns out the Inclusive Government of Robert Mugabe and Morgan Tsvangirai lied through its teeth about the mining that is going on at Chiadzwa Diamond Fields. Only last month, they told us that the companies that have been given concessions to mine the area were "not mining the areas that are under dispute" - referring to the fight against Government by African Consolidated Resources, which is the original holder of the licence to the Marange claim. ACR had their licence withdrawn (probably because they are British) and had 129 400 carats of diamonds they had already mined seized, never to be seen again. But now it has been revealed that the two mining companies in partnership with Zimbabwe Government-owned...

Diamond Miner Loses Another Battle To Mugabe

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Small fish are out at the Marange Diamond Fields in Zimbabwe, as the government of Mugabe and Tsvangirai races to loot them (professionally) before being compelled to hand them back to Africa Consolidated Resources (ACR). Right now, the battle is still at the courts, with ACR getting a setback this last week on very shaky and legalistic grounds that ignored the laws of natural justice and even common sense. Harare, Zimbabwe, 29 November 2009 The British-based diamond-mining company Africa Consolidated Resources (ACR) last week lost the latest round in a battle against President Mugabe's government in Zimbabwe when the High Court refused to entertain the company's application to have government evicted from the disputed Marange Diamond Fields. The High Court, in a case handled by the same judge who is presiding over the Roy Bennett trial, ruled that an earlier victory by ACR at the High Court, confirming their ownership of claims at the Marange Diamond Fields, did not mean that ...