Browsing Tag

Ridge Nyashanu

Government seeks US$300m for diamond mining

Feb 23, 2017 243

Zimbabwe Consolidated Diamond Company (ZCDC) is courting investors for US$300 million to boost its operations, dogged by the depletion of alluvial diamonds and lack of equipment to pursue diamondiferous kimberlites, the Financial Gazette…
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Business

Mbada scandal unearthed…. Govt lost millions through under-declaring

Jan 16, 2017 328

By Lloyd Gumbo recently in CHIADZWA Mbada Diamonds could have prejudiced the State of millions of dollars by under-declaring its diamond sales over the years after it emerged its average price per carat was about three times lower than…
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Business

New diamond merger commences work, posts profit

Jun 23, 2016 437

The diamond merger that took over gem extraction in Marange, the Zimbabwe Consolidated Diamond Company (ZCDC) has commenced operations and sales.
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News

Parliament grills Gudyanga

Jun 21, 2016 286

By Elita Chikwati Secretary for Mines and Mining Development Professor Francis Gudyanga reportedly fired the entire management of newly formed Zimbabwe Consolidated Diamond Company and appointed his former student at the University of…
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