Zimbabwe State diamond miner produces 500 000 ct since March launch
HARARE – Zimbabwe's new State-owned diamond miner has produced 513 000 ct since March when it started operations after the government ordered all mining companies to halt work in the Marange fields, its acting CEO said on Monday.
The government on Feb 22 evicted all diamond mining firms in the Marange fields in eastern Zimbabwe saying their licences had expired and after they declined to merge under the state-owned Zimbabwe Consolidated Diamond Company (ZCDC).
Ridge Nyashanu, ZCDC acting chief executive, told a parliamentary committee that the company was mining from two concessions and exploring another two previously owned by firms ejected from Marange. The firms did not oppose their eviction.
However, ZCDC is unable to mine from bigger concessions owned by Mbada Diamonds, the largest producer before the February evictions as well as two Chinese-run companies, Anjin and Jinan, which are all challenging their expulsion in court, Nyashanu said.
The court action has reduced diamond mining in a country desperate for dollar inflows at a time the state has been forced to delay June salaries for its workers.
Diamond production figures are not readily available from the ministry of mines but Zimbabwe was the eighth largest diamond producer in the world with 4.7-million carats in 2014, according to industry group Kimberly Process.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation