The Zimbabwe Consolidated Diamond Corporation (ZCDC) says it is on course to meet the first quarter production target of 600 000 carats and is targeting to commission the $20 million conglomerate plant during the second quarter as the entity seeks to boost production.
The diamond mining concern is also targeting to produce 3 million carats by year end and has so far recorded impressive output figures during the first two months of the year.
Latest figures from the entity show that as of 15th of March the company managed to produce a total of 526 000 carats.
“We are on course to meet our first quarter target of 600 000 carats as we have so far surpassed 526 000 carats of gems. With the $20 million plant set for commissioning during the second quarter of the year, we expect production to improve further,” ZCDC CEO, Dr Moris Mpofu said.
The 450 tonne per hour plant is set to be commissioned together with 52 pieces of earth moving equipment secured from Belarus.
ZCDC, which produced a total of 1,8 million carats in 2017, targets to boost production to 10 million carats per annum under its five year strategic plan.