Record-breaking blue diamond could fetch $48 million at auction

Credit: Sotheby’s/De Beers/Diacore   One of the most valuable blue diamonds to ever feature at an auction could sell for more than $48 million, according to Sotheby’s. Named “The De Beers Cullinan Blue,” it is the biggest vivid blue diamond to be put up for auction, according to a press release from Sotheby’s Wednesday. The 15.10-carat […]

1,000 carat diamond sold at auction in Dubai

A rare 1,086-carat rough diamond was sold at a Dubai auction this week. The colour is the result of the stone being not one crystal, but several merged together. Some of them are darker than others and therefore give a yellow-orange glow. All photos: DMCC   A 1,086-carat diamond, the largest of its kind to […]

ZCDC lights up Chiadzwa School

Zimbabwe Consolidated Diamond Company (ZCDC) has completed the scheduled installation of a solar system to power a Combined Science laboratory at a local Chiadzwa secondary school. ZCDC installed the solar units at Gandauta Secondary, having constructed the ICT and Science laboratory unit furnished with 30 computers, under its Corporate Social Responsibility model of promoting quality […]

Zimbabwe charms Kimberley Process

Sugar Chagonda – Moscow, Russia Zimbabwe has been commended for embracing the Initiative for Responsible Mining Assurance (IRMA) Standard by the Kimberley Process (KP) a development which has witnessed a significant reduction of reports of violence and other forms of social ills in the Marange diamond fields. The submission was made by the Kimberley Process […]

ZCDC surpasses 2021 target

The Zimbabwe Consolidated Diamond Company (ZCDC) is set to produce 3 million carats after surpassing its target for this year due to improved efficiency despite the threat of the Covid-19 pandemic. The miner’s target for this year was to produce 2.3m carats of diamonds. Mines and Mining Development Minister, Winston Chitando, commended ZCDC for such […]

ZCDC pledges to better Marange villagers’ lives

THE Zimbabwe Consolidated Diamond Company (ZCDC) has pledged to implement infrastructural development programmes aimed at improving the lives of Marange villagers displaced from the gem-mining sites. ZCDC chief executive Mark Mabhudhu made the remarks in Chiadzwa this week after a visit by the Parliamentary Portfolio Committee on Mines and Mining Development led by Edmond Mukaratigwa. […]

Mining sector records major milestones

The country has made significant headway in its quest to grow the mining sector to US$12 billion in the next two years from US$2,7 billion realised in 2017 driven by planned, ongoing and completed projects. While critics considered the target “ambitious” and “unattainable”, developments in the sector in the past three years have been encouraging. […]

ZCDC achieves herd immunity against Covid-19

The country’s biggest diamond producer, the Zimbabwe Consolidation of Diamond Companies (ZCDC) vaccination program has been impressive with the company announcing that 99 per cent of its employees have received the first dose of the Covid-19 vaccine with 97 per cent receiving the second jab. The country last month said its vaccination program has been […]