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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

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

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

  ZCDC brochure 2022

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

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

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.

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.

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

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