Search results: diamond

The country is well on course to reach seven million diamond carats thereby playing a significant role towards the achievement of the US$12 billion industry, Minister Winston Chitando has said.Rudairo MapurangaAccording to the Minister of Mines...

The attainment of the country's vision to see the diamond industry fetching US$1 annual revenue by end of this year is well on course with the Kimberly Process (KP) Chairmanship expected to play a leading role...

AIM-listed Vast Resources says the High Court of Zimbabwe has ordered the release of its 129 400 carats of rough diamonds, which have been in the custody of the Reserve Bank of Zimbabwe (RBZ) since 2010.In...

Zimbabwe has blocked Diamond, Copper, Lithium, Nickel & Rare Earth Mineral applications citing dishonesty by miners in declaring the discovery of different minerals from the ones they are registered for also, the five have been deemed...

Diamond miners in Zimbabwe are now paying half their royalties to the government in rough stones, 40 per cent in local currency and 10 per cent in foreign currency.Sophia TakuvaFinance Minister Mthuli Ncube gave details of...

The Kimberley Process (KP), an international scheme that certifies rough diamond exports, is expected to decide this week whether Russian diamonds should be declared conflict gems.Members of the KP are meeting in Gaborone, Botswana until Friday...

RioZim Ltd. has bought Sperrgebiet Diamond Mine in Namibia as the Zimbabwean group seeks to expand in Africa.“The group has been trying to broaden its footprint in the mining industry in Africa and this acquisition was part...

Lucapa Diamond and its partners, Endiama and Rosas & Petalas have announced the recovery of a 160-carat white Type IIa diamond by Sociedade Mineira Do Lulo.The 160-carat diamond is the 28th +100 carat diamond recovered at...

The panic that gripped the diamond world this year is starting to unwind as sanctioned Russian mining giant Alrosa PJSC has quietly revived exports to near pre-war levels, Bloomberg has reported.Alrosa accounts for about a third...

OFFICIALS at the Robert Mugabe International Airport have revealed that there is no diamond detecting machine to curb leakages of the mineral. During a briefing to the Defence, Home Affairs and Security Parliamentary Portfolio Committee on Monday,...

CHINESE mining firm Anjin Investments suffered a massive slump in diamond production in 2021 recording 70 000 carats from 790 000 carats produced the previous year due to the relocation of its processing plants.The diamond company...

Legislators have commended the country's diamond producers for their commitment to Kimberly Process compliance requirements.Prince SunduzaniThe Kimberly Process Review team is currently in the country, conducting an assessment of Zimbabwe's compliance with set standards of the...