In the first six months of this year in Zimbabwe produced 972 765 carats of diamonds against the target of 6 million carats, said a government official.
Finance Minister of Zimbabwe Chinamaza Patrick (Patrick Chinamasa) has informed Parliament in its report on the mid-term fiscal policy that most diamond companies stopped production after the February consolidation of the diamond sector.
"The relatively low levels of production against the target of 6 million carats due to the lack of adequate capital from the operating companies within ZCDC, as well as the reluctance of the previous company merged with the newly formed diamond mining company", - he said.
Chinamaza also noted that Zimbabwe Consolidated Diamond Company (ZCDC), which remained the only producer of diamonds in the diamond fields of Marange (Marange), produced 218 274 carats in March, 261,646 carats in April, 120,686 carats in May and 58,396 carats June.
He said he has stopped production at three diamond concessions are not yet operational.
"Therefore, there is a need to accelerate the consolidation of all concessions under the same company", - the minister added.
"At the same time, in order to increase diamond production at the field Chiadzwa (Chiadzwa) ZCDC negotiating for the purchase of equipment from the diamond mining company DTZ-OZGEO, a joint venture between Russia's" Ekonedra »Ltd. and the Fund of Zimbabwe Development (Development Trust of Zimbabwe, DTZ ) "- continues Chinamaza.
"In addition, there are plans to obtain additional modern equipment in order to carry out ZCDC could prey on conglomerates," - he concluded.
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Mining giant Rio Tinto successfully held a tender for pink diamonds from the Argyle mine, which featured 65 of the world's rarest pink and red diamonds. The results of the tender reflect the high world demand and steady growth in prices for such stones, noted in Rio Tinto.
The tender of 2015, known as the "Connoisseur's Collection", includes 65 diamonds weighing 44.14 carats. Four of these stones are fancy red diamonds. The tender attracted a lot of buyers from 11 countries.
"We are pleased with the results of this year's tender, they reflect the importance of pink diamonds with Argyle for collectors, as well as their worldwide fame for rarity, beauty and luxury," - said the manager of the direction of Argyle Pink Diamonds Josephine Johnson (Josephine Johnson).
Although the bids and the total cost of the stones remain unnamed, the most valuable and the first lot of trades is a fantasy red diamond weighing 1.20 carats of pear-shaped cut under the name Argyle Prima, became the object of lively bidding for its unique combination of size, shape, color And purity. The auction was won by the company Sciens Colored Diamond Fund, who bought the stone for an undisclosed sum.
Philip Baldwin, Managing Director of the Sciens Colored Diamond Fund, said: "The rarity of the pink diamonds with Argyle, conditioned by supply and demand, speaks of their potential as an investment and the opportunities to increase their value over time."
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