This came out during the trial of Core Mining director, Lovemore Kurotwi at the High Court before Justice Chinembiri Bhunu.
Kurotwi and his co-accused, Dominic Mubaiwa are facing charges of causing the government to suffer a loss of $2 billion in potential revenue after misrepresenting that they had the capacity to mine diamonds in Chiadzwa.
Core Mining used to jointly operate Canadile Mines together with Marange Resources.
Ndlovu made the revelations during cross examination by Kurotwi's lawyer, Beatrice Mtetwa.
Ndlovu contradicted the government's claim of suffering a $2 billion loss saying that the projected revenue that the state was going to get was pegged at $1 billion, an amount he said would have been realized over a period of eight years.
He disclosed that the machinery that was left by Core Mining at Marange was still being used to mine diamonds adding that he was unaware if any rentals were being paid out to Kurotwi's firm.
Post published in: News