Management
In 2009 Mbada Diamonds (Private) Limited, a joint venture including a subsidiary of South Africa's Reclam Group, negotiated rights 'to manage the day-to-day operations of Mbada and the marketing of the diamonds mined from the Concession Area'. In the same year the Zimbabwean unity government issued a directive supporting the joint venture. In February 2010 the Chief Secretary to the President and Cabinet of Zimbabwe re-affirmed the government's full support for the joint venture.
The Zimbabwe Mining Development Corporation (ZMDC) has also entered into joint venture mining and processing agreements with other international companies to form: Anjin Investment (a joint venture with China's Anhui Foreign Economic Construction Company), Diamond Mining Corporation and Mbada Resources'.
Read more about this topic: Marange Diamond Fields
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