Fidelity Printers – newzimbabwevision

Zimbabwe Consolidated Diamond Company (ZCDC) and Townsend Enterprises dispute over Gache-Gache rich gold deposits

Posted on August 23, 2016August 23, 2016 by newzimbabwevision

A CLASH is brewing between the Zimbabwe Consolidated Diamond Company (ZCDC) and Townsend Enterprises over the extraction of gold at the where gold deposits worth millions of US dollars were discovered by the latter as it has emerged that the state-owned concern is gradually forcing out the private company. Townsend Enterprises was last year sub-contracted by the Zimbabwe Power Company (ZPC) to supply sand to Chinese firm Sino Hydro for the construction of Kariba…

Gold rush at Zhombe Dandrum Mine After Rich Vein Yields 63 Kg Gold Worth US$2.6 Million

Posted on July 21, 2016 by newzimbabwevision

July 21, Goldrush At Dandrum Mine, Zhombe, After Rich Vein Yields 63kg Worth HUNDREDS of illegal gold panners have reportedly besieged a gold mine in Kwekwe amid indications 63kg of the mineral worth US$2.6 million were mined in three days, The Herald has learnt. Dandrum Mine, which is located in Summerview, Zhombe, belongs to Mr Milton Marufu, who has since been kicked out of the claim. Mr Marufu was allocated the claim on December 13, 2013…

Fidelity Printers & Refiners CEO ‘Alen Marimbe’ Implicates Gono In Multi-Million Corruption

Posted on August 7, 2015 by newzimbabwevision

Fidelity Printers and Refiners CEO Alen Marimbe has implicated former Reserve Bank Governor Dr Gideon Gono in allegations of corruption involving millions of dollars. In his sworn affidavit, Marimbe alleges the cash was released on verbal orders from Dr Gono and was never signed for. In a new twist to the RBZ multi-million dollar scandal, Marimbe says he together with his senior management are being used as sacrificial lambs. Marimbe is facing charges of swindling…