ZCDC PRODUCES 1M CARATS IN 4 MONTHS
Written by Panashe Madzinga on May 2, 2018
Zimbabwe Consolidated Diamond Company (ZCDC) has produced one million carats in the first four months of the year.
ZCDC chief executive officer, Dr Moris Mpofu, said the company hit its target of the first four months before end of April.
The state owned entity registered an 80 percent rise in its first quarter production compared to the same period last year. In the first quarter of this year, it produced 751 303 carats compared to 422 518 carats mined in the same period last year.
The first quarter haul was 25 percent above the 600 000 carats target ZCDC had set for itself for the period.