Alrosa, ZCDC JV starts prospecting for diamonds in Zimbabwe
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 (EIA) approved by the Environmental Management Agency (EMA), and is set to begin prospecting and exploration in the Masvingo, Matebeleland South and Matebeleland North provinces of Zimbabwe.
In July, Alrosa Zim’s geologists started geochemical sampling, trenching and pitting in Malipati zone, with ground geophysical surveys to follow.
The same prospecting work, including airborne geophysical surveys, is set to be conducted in the Maitengwe area towards the end of year.
Bulk sampling and drilling are set to begin in 2021.
“Following the signing of a JV agreement with ZCDC to develop diamond deposits in Zimbabwe in December 2019, we are progressing well towards the initiation of the full-scale prospecting works this year.
"Being a member of Responsible Jewellery Council, the World Diamond Council and the Natural Diamond Council, Alrosa complies in full with all industry commitments on responsible business practices and its own corporate standards.
"Alrosa is committed to follow these principles strictly while working in Zimbabwe, minimising adverse environmental impact in all areas of activities and using mineral resources comprehensively and rationally,” says Alrosa deputy CEO Vladimir Marchenko.
Alrosa expects to investment $12-million in Zimbabwe from 2020 to 2022.
Alrosa holds 70% of Alrosa Zimbabwe, and ZCDC the balance. The JV focuses on prospecting, exploration and mining of primary diamond deposits in Zimbabwe.
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