All set for diamond exploration

All set for diamond exploration
Published: 11 December 2017
State owned diamond mining entity, Zimbabwe Consolidated Diamond (ZCDC), will next year invest $21 million in the establishment of a Geology Strategic Business Unit (SBU) that will explore known conglomerate diamonds deposits as well as scan the entire country for Diamondiferous Kimberlite pipes.

The mining entity has been forced to go for the capital and mechanically intensive conglomerate mining after the depletion of alluvial deposits that sparked a diamond rush in Chiadzwa decade ago.

Besides initial exploratory work done this year, on the back of a $7 million investment that saw them procuring exploration and evaluation equipment, deposits at Chiadzwa fields have never been extensively explored, leading to speculative suggestions that $30 billion worth of the precious stones could be buried under Chiadzwa.

However, the Geology SBU will not limit its work to known deposits such as the ones in Chiadzwa and Chimanimani, but will stretch its focus to cover the whole country for possible Greenfield deposits.
- The Sunday Mail
Tags: Diamond,

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