Zimbabwe Consolidated Diamond Company (ZCDC)

  • Business Briefs

    Govt issues 15 more diamond claims to Russians

    THE Government has issued 15 more diamond mining claims to Alrosa Zimbabwe, a joint venture between the world’s largest diamond producer and the state-owned Zimbabwe Consolidated Diamond Company (ZCDC), an official has said. This was fulfillment of the agreement between the Government and the Russian mining giant, the official said, and most of the claims were now under exploration. “The…

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  • Business Briefs

    Canadian miner mulls to buy Zimbabwe Govt’s gold assets

    Caledonia Mining Corp. said it’s in talks to acquire assets that would expand its gold-mining operations in Zimbabwe. The Toronto-based gold producer is targeting both privately held assets and mothballed mines owned by the state, according to spokesman Maurice Mason. He declined to name the companies Caledonia was talking to, but said the miner hopes to make an announcement on at least…

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  • Business Briefs

    State-owned diamond firm gears for transparency

    THE Zimbabwe Consolidated Diamond Company (ZCDC)’s recent publication of its annual reports is a sign that the diamond sector is well on course towards achieving transparency in line with international best practice, the ZCDC spokesperson has said. Audited reports for Zimbabwe’s diamond sector had last been made public in 2013 amid accusations, back then, that the sector was shrouded in…

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