Obert Mpofu dismiss RapNet plans on Marange diamonds

Obert Mpofu dismiss RapNet plans on Marange diamonds
Published: 06 January 2012 (1405 Views)
Mines and Mining Development minister Obert Mpofu this week dismissed RapNet's plan to stop its members from trading in Marange diamonds, saying the diamond trading network did not control diamond trading globally.

The chairman of the Rapaport Group, Martin Rapaport said the network would delist its members who traded in Marange gems, adding the stones could easily be identified due to their green tincture.

Rapnet, is part of the Rapaport Group, an international network of companies that sets out to provide added value services that support the development of free, fair, efficient and competitive diamond and jewellery markets.

However, Mpofu ridiculed RapNet's claims that the network was a leading diamond trading network, saying the country would continue shipments of Marange diamonds into international market.


- businessdigest

Tags: Diamonds,
 0

You May Like These Videos

Comments

There are no comments.

Latest stories

Acting President Chiwenga too poorly to work from office

by ZimLive | 19 June 2019 | 127 Views

Nick Mangwana opposes ZANU PF MPs

by Mandla Ndlovu | 19 June 2019 | 128 Views

RBZ photocopies Bond notes?

by Mandla Ndlovu | 19 June 2019 | 155 Views

Latest on Mthuli Ncube's resignation

by Mandla Ndlovu | 19 June 2019 | 190 Views

Zimbabwe crisis at tipping point

by Staff reporter | 19 June 2019 | 182 Views

Mnangagwa told to ignore Chamisa 'at your own peril'

by Staff reporter | 19 June 2019 | 169 Views

US-Africa summit boost for Zimbabwe

by Staff reporter | 19 June 2019 | 118 Views

Charging of fuel in US dollars riles motorists, who owns ZUVA?

by Staff reporter | 19 June 2019 | 148 Views

Chombo passport appeal thrown out

by Staff reporter | 19 June 2019 | 75 Views

Cabinet tackles load shedding

by Staff reporter | 19 June 2019 | 107 Views

MPs insist on corporal punishment

by Staff reporter | 19 June 2019 | 72 Views

Zanu-PF demands apology from Chamisa's MDC

by Staff reporter | 19 June 2019 | 78 Views

Drivers' licence scam unearthed

by Staff reporter | 19 June 2019 | 99 Views

8 truck drivers fined for fuel theft

by Staff reporter | 19 June 2019 | 74 Views

Zesa might spoil Afcon for football lovers

by Staff reporter | 19 June 2019 | 58 Views

Skeletons tumbling at Choppies

by Staff reporter | 19 June 2019 | 103 Views

Chamisa 'reloads' Zimbabwe rescue plan

by Staff reporter | 19 June 2019 | 81 Views

Mnangagwa splurges US$1m to re-engage US

by Staff reporter | 19 June 2019 | 62 Views

Zanu-PF executive rescues Mutoko MP

by Staff reporter | 19 June 2019 | 72 Views

Bulawayo councillors to declare assets

by Staff reporter | 19 June 2019 | 44 Views

'Fatcats choke Zesa'

by Staff reporter | 19 June 2019 | 69 Views

Parly in heated debate over pregnant school girls

by Staff reporter | 19 June 2019 | 47 Views

Anti-Mnangagwa slur lands man in court

by Staff reporter | 19 June 2019 | 54 Views

Chicken project thrives on human waste

by Staff reportrer | 19 June 2019 | 86 Views

Proceeds of thigh vending are detestable to the Most High

by Thomas Murisa | 19 June 2019 | 70 Views

'Taming the Shrew' - Deaths on our Roads

by Engineer Tororiro Isaac Chaza PMP | 19 June 2019 | 101 Views

The Monologue of Dialogue is deluded and self immolation

by Tinashe Eric Muzamhindo | 18 June 2019 | 133 Views

Bullying and Harassment in the Work Place

by Muchie Shamuyarira | 18 June 2019 | 129 Views

BREAKING: Zanu PF legislator dies

by Staff Reporter | 18 June 2019 | 245 Views

Mnangagwa escapes ICC rap

by Staff Reporter | 18 June 2019 | 208 Views

'Zanu-PF will lose'

by Staff Reporter | 18 June 2019 | 182 Views

America snubs Mnangagwa

by Mandla Ndlovu | 18 June 2019 | 202 Views

WITCHCRAFT: Family wakes up to find beaded guinea fowl in backyard

by Staff reporter | 18 June 2019 | 150 Views

Mnangagwa arrives in Maputo

by Staff reporter | 18 June 2019 | 95 Views

Peter Moyo fired by Trevor Manuel chaired Old Mutual

by City Press | 18 June 2019 | 137 Views

Massive scandal rocks Lupane Passport office

by MRP | 18 June 2019 | 145 Views

Zanu-PF's Obedingwa Mguni collapses and dies?

by newzimbabwe.com | 18 June 2019 | 147 Views