diamondss.jpgZimbabwe Mining Development Corporation (ZMDC) says diamond production has increased from 140 000 carats to 210 000 carats since they took over mining from Canadile in October last year.

 

ZMDC chairperson, Mr. Godwills Masimirembwa, said ever since their partnership with Canadile collapsed on the 6th of October last year, pilferage has been reduced through tightening of security while the quality of gemstones has improved.

Diamond production has also increased from 8 to 20%.

Mr. Masimirembwa also pointed out that the price of the precious stones has since risen from US$45 to US$70 per carat.

“We are happy to point out that since the take over Marange resources which is a subsidiary of ZMDC has recorded a significant increase and we are working on increasing the output and selecting a General Manager who is credible and will not abuse office,” said Mr. Masimirembwa.

Before government took control, Canadile produced between 140 000 and 160 000 carats, a figure which Mr. Masimirembwa explained to be below capacity.

Meanwhile, the search for a new General Manager for ZMDC has since begun.

This follows the dismissal of Mr. Dominic Mubaiwa by Justice Simbi Mubako.

The decision by government to take over Canadile mining claims came after it was revealed that they flouted procedures and had misrepresented facts to government.