ZCDC: Zimbabwe Produced 5 Million Carats in 2022

The state-owned Zimbabwe Consolidated Diamond Company (ZCDC) has announced that Zimbabwe produced 5 million carats of diamonds in 2022 – a rise compared to the 4.2 million carats it produced in 2021, Rough & Polished reports.

 

In December of last year, Winston Chitando, Zimbabwe’s mines and mining development minister, said in an interview that the country’s diamond sector will grow to $1 billion by the end of 2023. Chitando said that Murowa Diamonds and the ZCDC (Zimbabwe Consolidated Diamond Company) “were expanding their operations and would help bring total output to 7 million carats, up from 2 million in 2018.”

 

In other Zimbabwe news, a Zimbabwean court decided that a parcel of 129,400-carats of rough diamonds, which has been in dispute for 12 years and held by the Zimbabwean Reserve Bank since 2010, is to be returned to UK miner Vast Resources.

 

Credit: ZCDC

The post ZCDC: Zimbabwe Produced 5 Million Carats in 2022 appeared first on Israeli Diamond.