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Search results: Zimbabwe Consolidated Diamond Company (ZCDC)

ZCDC shines at Zimbabwe CEO’s Network awards

Zimbabwe’s largest diamond producer, Zimbabwe Consolidated Diamond Company (ZCDC) last month shined at the Zimbabwe Executive Officers network awards after grabbing two accolades.Anerudo MapurangaThe company’s Chief Executive Officer, Mr Mark Mabhudhu won the Outstanding Public Sector...

MMCZ, ZCDC fight over diamond deal

Chaos has erupted in a fierce fight over the choice of a partner in the proposed diamond value addition project between State-owned diamond miner, the Zimbabwe Consolidated Diamond Company (ZCDC), and Minerals Marketing Corporation of Zimbabwe (MMCZ).  Vongai...

Diamond Firm ZCDC Under Parliament Scrutiny

THE Parliamentary Portfolio Committee Mines and Mining Development queried the existence of the Zimbabwe Consolidated Diamond Company (ZCDC) as a state-controlled entity during a hearing on its controversy-laden operations Monday.The committee members argued that ZCDC’s existence...

Parly, ZACC to probe missing diamonds and US$400mil from ZCDC

The Parliament of Zimbabwe will follow up on the Auditor’s report with reinforcement from the Zimbabwe Anti-Corruption Commission (ZACC) among other arms of government to ensure that the country recovers its fortune as the first option,...

State diamond company fails to account for US$400m

THE Zimbabwe Consolidated Diamond Company (ZCDC) has failed to account for the use of money exceeding US$400 million, while also failing to properly account for 352 583.11 carats of diamonds worth about US$146.3 million which were...

Diamond mining in Zimbabwe (mining diamonds)

Diamond Mining in Zimbabwe is mainly conducted in the East of the country which is home to one of the world's richest diamond deposits.Diamond is a gemstone of enormous potential in Zimbabwe.Globally economic kimberlites are commonly found in...

Large scale mining operations in Zimbabwe

Large scale mining operations in Zimbabwe... Zimbabwe’s mining industry has become the leading horse towards the resuscitation of the economy.Rudairo MapurangaThe mining industry has of late become the country’s largest foreign currency earner with nickel, gold and...

Alrosa Zim in pursuit of more diamond concessions

ALROSA Zimbabwe Limited (Alrosa Zim) intends to increase the number of its diamond concessions in the country to 40 from the existing 25.The company is jointly owned by the State-owned diamond mining firm — Zimbabwe Consolidated...

Alrosa sticks to Zimbabwe diamond plan despite COVID-19, red tape delays

Alrosa, the world’s largest diamond producer by output, says COVID-19 has not altered its exploration in Zimbabwe and the company plans additional concessions this quarter.The Russian company entered into a joint venture with the Zimbabwe Consolidated...

Rare, precious diamonds discovered in Zimbabwe

EXTENSIVE resource definition and quantification works being undertaken by a Russian firm, Alrosa, at the Malipati Diamond Project in Matabeleland South, has revealed a rare and high-value species of diamonds that have potential to change the...

Zimbabwe anchors US$12 billion industry on type 2 diamond

The government yesterday said it would anchor its US$12 billion mining industry economy on a rare and more expensive type two diamond set to be mined in its Malipati Diamond Projects in Matabeleland South and Masvingo...

Zimbabwe Mining Sector: Opportunities Galore

Zimbabwe’s hopes for a quick economic recovery and sustainable foreign exchange stability rest on the shoulders of its multibillion-dollar mining industry.By Francis Shingi Nhunzvi and Victor BhoromaBeyond the productivity bottlenecks of the past 2 years, mining...

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