Wednesday, June 7, 2017

To continue mining at the new location

Villagers Penhalonga (Penhalonga) in Zimbabwe is concerned by the fact that in this area of kimberlite diamond deposits can be detected, reported Daily News.
Official representatives of Zimbabwe's state diamond mining company Zimbabwe Consolidated Diamond Company (ZCDC) recently visited Penhalonga and called a meeting with the residents to discuss the intention to carry out exploration work.
However, the villagers fear that the experience of Marange (Marange) could be repeated in their community, reported Daily News.
"We are still in a panic after we were told that in the area near our village there are diamonds What happened in Marange, is still fresh in our memory, -. Said villager Max Bvavo -. Most people have lost their livelihoods and we feel that this could happen to us. "
It is alleged that thousands of people died when the government used the army to expel illegal miners from the diamond concessions in 2006.
Although the official Harare denied the allegations, it did not prevent the Kimberley Process to suspend trade in diamonds from Marange until November 2011.
Subsequently residents Marange again moved to Arda TransAl Oji in the region, to continue mining at the new location, but most of them have not received full compensation.
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1 comment:

Pearl Necklace said...

World Council for Investment in platinum (World Platinum Investment Council, WPIC) released a forecast that global demand for platinum jewelery can be reduced by 5% in 2015, to 2,850 th. Ounces, while in 2014 the figure was 2,990 thousand . oz. The decline was mainly due to weaker demand in China.
WPIC in collaboration with the SFA (Oxford) released its fifth quarterly report on platinum. Meanwhile, WPIC believe that in 2016 the situation will be corrected, and the demand for platinum products slightly increase to 2905 thousand. Oz.
As stated in the report, the global demand for platinum jewelery in the third quarter of 2015 amounted to 790 thousand. Ounces, which is 19% higher than in the previous quarter. In India, growth was strongest, an increase of 20% compared with the previous quarter before the start of the wedding season. In the third quarter the growth of demand in the US amounted to 8%, in Japan remained unchanged, while in China it continued to be under pressure.