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.
