Search results: diamond

Zimbabwe’s diamond industry defied global market trends with an extraordinary 912% surge in exports in April 2025, rising from $3.66 million in March to $33.47 million, according to the latest trade data from Zimstat. This sharp rise...

London Stock Exchange-listed diamond mining company Vast Resources Plc has officially regained control of its historic diamond parcel in Zimbabwe after a prolonged 15-year dispute. The long-awaited inspection of the sealed security boxes confirmed that the...

A 45-year-old man from Gwalia Farm in Beatrice, Cephas Mukombwe, has been sentenced to five years in prison after being caught with two illegally held diamonds worth just US$174.93. By Rudairo Mapuranga The diamonds were discovered in Mukombwe’s...

Chinese diamond mining company Anjin Investments, operating in Zimbabwe’s Chiadzwa diamond fields, has set an ambitious target of producing 1 million carats in 2025, Mining Zimbabwe can report.By Rudairo MapurangaThis target comes after a challenging year...

After experiencing a surge during the pandemic, diamond prices have now plummeted to multi-year lows, signalling a significant shift in the market. A recent report from McKinsey & Co. attributes this downturn to several factors, including...

The Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU) has officially launched a comprehensive action and strategic plan focused on safeguarding workers' rights and driving growth in the mining sector.By Ryan ChigocheThis bold initiative comes at...

RioZim’s diamond associate, RZM Murowa, recorded a slight increase in diamond production during the first half of 2024, although profitability remained under pressure due to a downturn in global diamond prices, Mining Zimbabwe reports.By Rudairo MapurangaAccording...

The African diamond mining industry is poised for significant growth, with African producers aiming to consolidate their influence in the global market.By Rudairo MapurangaSpeaking to Mining Zimbabwe, the Minister of Mines and Mining Development, the current...

Zimbabwe Stock Exchange-listed RioZim's diamond operation, RZM Murowa, reported a 3% decrease in production for the full year ending 2023, with output falling from 426,000 carats in 2022 to 414,000 carats in 2023.By Rudairo MapurangaDespite this...

De Beers has unveiled a comprehensive five-year strategy to reposition itself as the top luxury jewellery group.While the company already sells diamond jewellery through its global network of boutiques, CEO Al Cook plans to significantly expand...

Harare Magistrate Apollonia Marutya has granted bail to five individuals accused of stealing a package containing valuable diamonds destined for the United Arab Emirates.According to reports, the alleged theft took place during a diamond packing operation...

Five individuals implicated in a diamond theft case at Anjin's offices located within Robert Mugabe International Airport will know their fate tomorrow as a Harare court prepares to rule on bail for the accused.The accused individuals...