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Search results: Zimbabwe Consolidated Diamond Company (ZCDC)
Transparency and illicit financial flows: what ZCDC’s annual reports tell us about Zim diamond industry
Roughly two weeks ago, I received a WhatsApp message from the Zimbabwe Consolidated Diamond Company (ZCDC)’s Head of Public Relations and Community Development. “True to your advice, we have put annual reports and other documents on...
Policy inconsistencies affecting the diamond sector – Mudenda
THE country`s policies in the lucrative diamond mining sector should remain consistent so as to attract investment and protect investors’ property rights, the Speaker of Parliament Jacob Mudenda has demanded.He made the call during a Review of Legislation and...
ALROSA Zim begins diamond prospecting
A joint venture between ALROSA and Zimbabwe Consolidated Diamond Company (ZCDC) ALROSA (Zimbabwe) Limited (ALROSA Zim), began prospecting and preliminary exploration works for primary diamond deposits.After getting Special Grants from the Ministry of Mines and Mining...
Zimbabwe Shutdown, implications on Mining
President Emmerson Mnangagwa announced that Zimbabwe will shut down for 21days from Monday the 30th of March 2020 as the country joins the rest of the world in trying to minimise transmission of the deadly Coronavirus...
VAST resources to soon commence diamond operations in Chiadzwa
VAST Resources (Vast) will soon commence operations at its Zimbabwean unit, with the government indicating that all internal processes leading to the conclusion of the joint venture (JV) would be finalised in March this year.The AIM-listed...
ZCDC To Increase Diamond Production in 2020
MARANGE: The state-owned Zimbabwe Consolidated Diamond Company (ZCDC) is set to increase its output this year after a slump in 2019 due to power outages.Mine manager Innocent Guvakuva said last year the company failed to move...
Fired diamond boss eyes RBZ post
Former Zimbabwe Consolidated Diamond Company (ZCDC) chief executive Moris Mpofu is reportedly eyeing a comeback at the Reserve Bank of Zimbabwe following the termination of his contract after unsuccessful secondment tenure at the diamond miner.Mpofu, who...
Vast finalises financial deal for Chiadzwa diamond venture
AIM-listed mining group, Vast Resources Plc Monday disclosed it had finalised a financial deal it negotiated with international financial institutions for its Chiadzwa diamond venture in Manicaland Province.Last year, the United Kingdom based Vast Resources announced...
Russian company wants to supply fuel for diamonds barter trade
The head of Tatneft, Nail Maganov, said on the sidelines of the current Davos Forum that his company is working on fuel supplies to Zimbabwe as part of a deal to exchange fuel for diamonds, Finmarket...
Zimbabwe gives 70% of diamonds to Russian firm
The Zimbabwean government is set to give 70% of Zimbabwe's diamonds to a Russian diamond company Alrosa.ZBC has reported that the Russian diamond producer Alrosa says its two-year exploration in Zimbabwe would cost around $12 million....
Zimbabwe eyes international diamond tenders
The Zimbabwe Consolidated Diamond Company (ZCDC) intends to hold 11 international sales in 2020, the news agency cited the miner’s acting CEO, Rob De Pretto, as saying. Its tenders are currently in Harare, the country’s capital,...
Government Slammed For Slashing Diamond Royalty
Mining rights advocacy groups have slammed the government for seeking to appease investors by reducing the diamond royalty instead of up-scaling its exploration capacity in the diamond sector.Centre for Research and Development director James Mupfumi said...
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