Mark Mabhudhu appointed ZCDC CEO
Vastly experienced metallurgist, Mr Mark Mabhudhu, has been re-appointed Zimbabwe Consolidated Diamond Company (ZCDC) chief executive officer. In an internal memorandum dated September 2, ZCDC board chairman Mr Wellington Pasipamire said the appointment is with immediate effect. Mr Mabhudhu’s appointment means he is the first substantive CEO at the state-owned diamond miner since the […]
ZCDC on course to achieving transparency
11 September 2020 The Zimbabwe Consolidated Diamond Company (ZCDC)’s recent publication of its annual reports is a sign that the diamond sector is well on course towards achieving transparency in line with international best practice. Audited reports for Zimbabwe’s diamond sector had last been made public in 2013 amid accusations, back then, that the […]
African miner digs up 442-carat diamond
African miner Gem Diamonds said it has unearthed a 442-carat diamond at its Letseng mine in Lesotho. Bloomberg 23 August 2020 A small diamond miner that has dug up some of the world’s most valuable gems from a mountainous African kingdom has found another huge stone. Gem Diamonds said it unearthed a 442-carat diamond at […]
Zim targets 12m carats in 5 years
21 August 2020 Zimbabwe is targeting to grow diamond production from 3,5 million to 12 million carats by 2025, Minister of Mines and Mining Development Winston Chitando has said. Before Zimbabwe attains such lofty output it has to achieve an ambitious but achievable target of growing the diamond sector to a US$1 billion industry. […]
How COVID 19 has disrupted the diamond industry
13 August 2020 In the months of December 2019 and early January 2020, the diamond industry was experiencing a rise in the demand for diamonds and jewelry. This was until the COVID 19 pandemic struck affecting China which accounts for 15% of the global diamond market. The lockdown in China not only meant […]
Diamond giant pours US$38m into Chiadzwa
President Mnangagwa cuts the ribbon to mark the launch of Anjin Mining Company’s official resumption of work in Chiadzwa. He is flanked by Vice President Constantino Chiwenga (second from right), Defence and War Veterans Affairs Minister Oppah Muchinguri-Kashiri (right), Anjin board chairman Mr Jiang Qingde (second from left) and Minister of Finance Mthuli Ncube (left). […]
Alrosa begins extensive diamond exploration
29 July 2020 The world’s biggest diamond producer, Alrosa, has begun extensive diamond exploration in an exercise that could easily be the country’s biggest ever diamond hunt. Although the country has bountiful mineral resources, it still remains under-explored. Previous exploration data believed to have been carried out by a Canadian firm that was contracted […]
Alrosa, ZCDC JV starts prospecting for diamonds in Zimbabwe
21 July 2020 Alrosa Zimbabwe (Alrosa Zim), a joint venture (JV) between Russian diamond miner Alrosa and Zimbabwe State-owned miner Zimbabwe Consolidated Diamond Company (ZCDC), has started prospecting and preliminary exploration works for primary diamond deposits. After getting special grants from the Ministry of Mines and Mining Development, Alrosa Zim had the environmental-impact assessment […]
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ZCDC dolls out farming inputs
17 January 2020 SCORES of villagers at Arda Transau heaved a huge sigh of relief after receiving farming inputs from the Zimbabwe Consolidated Diamond Company (ZCDC). Minister of State for Manicaland Affairs Dr Ellen Gwaradzimba recently admitted at a diamond mining indaba that livelihoods of people at Arda Transau has been a thorny issue. […]