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Botswana Diamonds’ Campbell on Zim jaunt: We are interested in Kaapvaal Craton

Botswana Diamonds and Vast Resources, recently signed a memorandum of understanding to prospect for diamonds in Zimbabwe. The two companies will exchange information derived from past exploration on areas prospective for diamonds in the southern African...

09 july 2018

“Every Forevermark diamond has a unique inscription number which is an assurance that the diamond is beautiful, rare and responsibly sourced,” says Sachin Jain

Sachin Jain, President-Forevermark, joined the company - a wholly owned subsidiary of the De Beers Group - as the Head of Retail in 2010. He was swiftly promoted to the Managing Director in 2011… to later become the President in year 2013. Sachin started...

02 july 2018

In a world where transparency is more and more the standard, our business must address the lab grading issue willingly

Jeweler-Designer Arnaud Flambeau started his career in the jewelry business in 1993 at European Gold Company CLAL as Key Account Manager for the Jewelry Division, where he was in charge of international brands like Cartier or VCA and their subcontractors...

25 june 2018

Vallabhbhai Shamjibhai Patel tells about the ongoing construction of the Surat Diamond Bourse

The under-construction Surat Diamond Bourse (SDB) is India's second diamond trading hub based at Surat, Gujarat, spread across 35.54 acres with more than 4,000 offices for national & international traders. On the onset, the project which...

18 june 2018

The strategy of regulating the Russian jewellery industry

At the General Meeting of the Russian Jewellers Guild Association held in April, two principally important documents were adopted: The Strategy of Regulating the Jewellery Industry of Russia and The Charter of a Good Faith Taxpayer. Besides, the issues...

13 june 2018

ZCDC H1 output reaches 1.5 mln cts

04 july 2018
Zimbabwe Consolidated Diamond Company (ZCDC) said it has produced more than 1.5 million carats of diamonds since January.

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Image credit: ZCDC


Company chief executive Morris Mpofu was quoted by The Standard newspaper as saying that ZCDC’s output was projected to increase to 3.5 million carats this year compared with 1.7 million carats produced last year.
“We are already half of the year and we have already surpassed half of this production level, which means it’s something possible to achieve,” he said.
The company produced 751,303 carats in the first quarter of the year against a set target of 600,000 carats.
“The Zimbabwe Consolidated Mining Company has its vision 2025, which is aimed at investing a total of $400 million from 2018 to 2025 to build the necessary capacity across the entire diamond value chain from restoration, mining, to processing and diamond value management,” Mpofu said.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished

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