According to Miningmx, diamond exports from the country showed worse than platinum segment, which during the same period has brought to Zimbabwe's treasury about $ 333.5 million, compared with $ 282 million in the same period last year.
Revenue from gold exports also strengthened, to $ 275.7 million compared with $ 266.5 million a year earlier.
Zimbabwe's Ministry of Finance announced that it would take control of the diamonds produced in Marange (Marange) and Chimanimani (Chimanimani) after capitalization Zimbabwe Consolidated Diamond Company (ZCDC) in the amount of $ 80 million through the country's central bank.
ZCDC was created last year through the merger of Marange Resources, Gye Nyame, Diamond Mining Corporation and Kusena.
"There are two kinds of minerals that disappoint us -. It's diamonds and coal We capitalized ZCDC in the amount of $ 80 million, and there is a new agreement with ZCDC, according to which, after the company's capitalization diamonds automatically go into the treasury" - quoted by The Herald Finance Minister of Zimbabwe Patrick Chinamasa (Patrick Chinamasa).
"Thus, each mined diamonds will flow into the coffers through the Reserve Bank of Zimbabwe, and we think that this will improve transparency and ensure the maximum realization of revenue from diamonds," - the minister added.
In addition, Zimbabwe has recently paid $ 5.4 million for the Russian diamond company DTZ-OZGEO, acting in the African country to obtain its concession in the Chimanimani district.
State media claimed that ZCDC currently produces 200,000 carats per month.
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The largest US retailer JC Penney network said that in the first quarter of 2017 one of the leaders in the jewelry division sales were despite the overall drop in revenue, according to Rapaport portal.
Although specific figures on the results of its retailer has not published the jewelry segment, its representatives have reported that same-store sales of jewelry remained in positive territory.
"Indicators of our jewelry division is a classic example of excellent cooperation between retailers and chain stores - said Chairman of the Board and CEO of JC Penney Marvin Ellison -. Sellers have done a very good job, selecting an offer inspiring products at attractive prices, while store employees have demonstrated excellent skills and knowledge of the products as well as customer engagement. "
Total sales JC Penney fell by 3.7% in the three months to April 29 to $ 2.71 billion.
Meanwhile, Macy's announced a 7.5 percent drop in sales to $ 5.34 billion in the first quarter. Meanwhile, retailer management praised the pilot program in the jewelry segment. However, over the same period of fashion jewelry and watches fared poorly.
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