05 Nov ZCDC to start full-scale mining at Eastern Zimbabwe diamond fields
Zimbabwe Consolidated Diamond Company (ZCDC) plans to commence full-scale mining in the next 30 to 60 days at its Chimanimani diamond fields in Eastern Zimbabwe.
Addressing stakeholders at the recent diamond security feedback meeting in Mutare, ZCDC’s chief executive Morris Mpofu said the company had already started moving equipment to the new mine.
“Since we acquired Chimanimani from DTZ-OZGEO, we have been conducting exploration and working on the infrastructure development.
“We have not started full-scale mining but now we have completed most of the processes and we have gone through the tender process with the Procurement Regulatory Authority of Zimbabwe (PRAZ) for the contract miners.”
This year ZCDC has set aside at least US$200 million to finance the opening of new mines in Manicaland Province, as part of the state miner’s expansion initiative which will also focus on detailed exploration across the region.
The company has projected that its diamond production will increase to 3.5 million carats this year.
Mpofu went on to say that the opening of new mining operations would play a key part in the economic growth of Manicaland and in the country in general.