MINING & RETAIL

ZCDC targets 6,12m carats production in 2020

The state-controlled Zimbabwe Consolidated Diamond Company (ZCDC) says it expects to double its diamond production to 6,12 million carats next year up from the 3,1 million carats projected for 2019.At...

By Staff reporter | Published: 06 October 2019

MINING & RETAIL

ZCDC to extract Chihota diamonds

The Zimbabwe Consolidated Diamond Company (ZCDC), has moved a gear up towards establishing diamonds extraction operations in Chihota communal lands in Marondera District, with the firm having engaged ...

By Staff reporter | Published: 29 January 2019

BUSINESS NEWS

Mnangagwa challenges ZCDC

PRESIDENT Mnangagwa has challenged state diamond mining entity, Zimbabwe Consolidated Diamond Company (ZCDC) to upscale production and increase its contribution to the livelihoods of people living in ...

By Staff reporter | Published: 19 June 2018

MINING & RETAIL

ZCDC grows balance sheet

STATE-owned diamond mining firm, Zimbabwe Consolidated Diamond Company (ZCDC) has grown its balance sheet to almost $250 million on the back of an intensive investment drive that sought to build asset...

By Staff reporter | Published: 15 June 2018

MINING & RETAIL

ZCDC targets 10 million carats per year

STATE diamond mining entity, Zimbabwe Consolidated Diamond Company (ZCDC), will invest $400 million under its vision 2025 plan as part of efforts to meet set production target of at least 10 million c...

By Staff reporter | Published: 13 June 2018

MINING & RETAIL

ZCDC shines at ZNCC awards

ZIMBABWE Consolidated Diamond Company excelled at this year's Manicaland Zimbabwe National Chamber of Commerce business awards ceremony held last Friday at a local hotel after they walked away with th...

By Staff reporter | Published: 08 June 2018

MINING & RETAIL

ZCDC to invest $400m by 2025

The Zimbabwe Consolidated Diamond Company (ZCDC) plans to invest $400 million under its massive Vision2025 investment blueprint, The Financial Gazette revealed.ZCDC chief executive officer Morris Mpof...

By Staff reporter | Published: 07 June 2018

MINING & RETAIL

ZCDC, ZMDC get new board members

Government appointed new board members for the Zimbabwe Consolidated Diamond Company (ZCDC) and the Zimbabwe Mining Development Company (ZMDC) yesterday. Mines and Mining Development Minister Winston ...

By Staff reporter | Published: 01 June 2018

MINING & RETAIL

ZCDC rescues ex-Marange employees

FORMER employees of displaced diamond producer Marange Resources (Marange), are set to receive their salary arrears and outstanding pension contributions in full by September 2020, the Zimbabwe Consol...

By Staff reporter | Published: 21 May 2018

MINING & RETAIL

ZCDC to invest US$20m in new mining projects

ZIMBABWE Consolidated Diamond Company (ZCDC) will spend over US$20 million this year in exploration to augment its resource base, the businessdigest can reveal.The miner will invest a total US$200 mil...

By Staff reporter | Published: 13 April 2018

MINING & RETAIL

ZCDC to pour $200m in new mine projects

Zimbabwe Consolidated Diamond Company (ZCDC) will spend at least US$200 million in 2018 open new mines in the eastern province of Manicaland as part of the mining groups expansion initiative, business...

By Staff reporter | Published: 02 March 2018

MINING & RETAIL

ZCDC to start conglomerate mining

State mining entity, the Zimbabwe Consolidated Diamond Company (ZCDC), will this month begin conglomerate mining following the near depletion of alluvial diamonds at the Chiadzwa diamond fields.Financ...

By Staff reporter | Published: 04 October 2017

MINING & RETAIL

ZCDC invests $30m in kimberlite mining

THE Zimbabwe Consolidated Diamond Company (ZCDC) has invested $30 million in kimberlite mining and plant equipment from South Africa in a bid to exploit minerals for sustainability and growth.Of the t...

By Staff reporter | Published: 15 September 2017

MINING & RETAIL

ZCDC waiting on EMA for Gache-Gache

THE Zimbabwe Consolidated Diamond Mining Company (ZCDC) is doing exploratory work and evaluation at Gache-Gache in Kariba ahead of commencement of alluvial gold mining in the area.Government directed ...

By Staff reporter | Published: 05 September 2017

MINING & RETAIL

ZCDC to mine conglomerate diamonds next year

The Zimbabwe Consolidated Diamond Company (ZCDC) is targeting to generate more revenue from mining conglomerate diamonds with the initiative expected to be fully operational by next year.Since its es...

By Staff reporter | Published: 28 August 2017

MINING & RETAIL

ZCDC suffers major setback

THE Zimbabwe Consolidated Diamond Company (ZCDC) has suffered a major blow after being ordered to immediately shut down its mining operations this week by the High Court amid reports its activities do...

By Staff reporter | Published: 11 August 2017
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