- Published on 13 November 2017
The Zimbabwe Consolidated Diamond Company (ZCDC) is expecting a 105 percent diamond increase to two million carats by year end, from last year’s output of 950 000 carats due to taking off of kimberlite mining.
Kimberlite or conglomerate mining is when a company or an association mine underground diamond resources for sustainability and this is the new phase that ZCDC has taken. Through President Mugabe’s intervention, Government cancelled licences granted to Anjin, Jinan, Diamond Mining Corporation, Kusena, Mbada and Gye Nyame last year to bring sanity to the diamond sector. Buoyed by the last two months’ strong performance, the consolidated diamond mining company is expected to surpass the target. (Herald)