ZCDC ramps up diamonds output

THE Zimbabwe Consolidated Diamond Company (ZCDC) yesterday said it expects to produce 5,7 million carats of diamonds this year. ZCDC board chair Mr Munashe Shava said the ramped up production is notwithstanding the current drop in commodity prices on the global market. “Commodity prices are currently depressed on the global market and as ZCDC we […]

ZCDC pays US$1.2m dividend to Chiadzwa community

By ZiMining ReporterThe Zimbabwe Consolidated Diamond Company (ZCDC) has continued to cement its footprint in the community it operates after paying US$1.2million dividend to Chiadzwa Community Share Ownership Scheme ‘to finance critical development projects for community living around the mine.’In a statement, ZCDC Corporate Affairs Executive Sugar Chagonda, said the diamond mining giant was committed […]

ZCDC targets 5,7m carats by year end

THE Zimbabwe Consolidated Diamond Company (ZCDC) is targeting to produce 5,7 million carats by year end and double that amount for 2025, after ramping up production. In a statement, ZCDC board chairperson Munashe Shava said the company has come up with various initiatives to offset the falling commodity prices. “Commodity prices are currently depressed on […]