The Zimbabwe Consolidated Diamond Company (ZCDC) has projected an output of 5.7 million carats by the end of the year.
Company chairperson Munashe Shava said the state diamond miner will almost double output in 2025 to 10 million carats.
“We have ramped up production, and this year we have set a target of 5.7 million carats, and we see this target nearly doubling to 10 million carats in the coming year,” he said.
Shava said without providing much detail that the company devised several initiatives to offset weak diamond prices on the global market.
“Apart from ramping up production, we also adopted cost-cutting measures while at the same time optimising operations,” he said.
The miner produced 3.8 million carats in 2023.
Mathew Nyaungwa, Editor in Chief, Rough&Polished
