2021 July

The Zimbabwe Consolidated Diamond Company posted a profit of US$26,35 million on production of 151,3kg of diamonds for the first half of this year, with profits being just over 40 percent of the diamonds sold. According to a report to Parliament, the company made a profit of US$26 356 890 and states that it is

The mining industry in Zimbabwe is listed as an essential service and is exempted from some of the provisions of the recently introduced Statutory instrument 189 of 2021 of Public Heath containment and treatment order, 2021 (no 29). Mining companies and employees are exempted in terms of SI200 of 2020 section 14 (1) B. The

An enormous 1,174-carat diamond has been unearthed in Botswana, a mining company has said, the second massive diamond to be found in the country in the space of a few weeks. The rare rock was recovered at the Karowe diamond mine last month and presented to the government in a ceremony on Wednesday. It is

Robust retail sales are driving positive sentiment in the diamond market. Polished prices continue their upward momentum even as inventory levels gradually rise in some sizes. Steady demand, shortages in certain categories and high rough costs are supporting prices. The RapNet Diamond Index (RAPI™) for 1-carat diamonds climbed 2.7% in June.RAPI for 0.30- and 0.50-carat