Monday, June 12, 2017

as the company recorded lower diamond production and revenue

Zimbabwe Zimbabwe Consolidated Diamond Company (ZCDC), established at the beginning of last year, after removal from the diamond concessions in Marange (Marange) diamond a number of companies, laid off its Acting Executive Director Nyashanu Ridge (Ridge Nyashanu).
His replaced Morris Mpofu (Morris Mpofu), which led the exchange control unit in the Reserve Bank of Zimbabwe (RBZ).
Zimbabwe Independent reports that Nyashanu was relieved of his duties, as the company recorded lower diamond production and revenue.
Last year ZCDC able to produce about 900,000 carats of diamonds against a peak performance of 12 million carats per year.
Resignation Nyashanu occurred a few months after ZCDC fired its former CEO Mark Mabhudhu (Mark Mabhudhu) under unclear circumstances, according to the publication.
"Nyashanu fired last [Wednesday], and was made a police report because he went to the service car (Mercedes Benz GL)", - said the source newspaper.
Minister of Mines of Zimbabwe Chidakva Walter (Walter Chidhakwa) in an interview to Rough & Polished said last month that the actual consolidation of diamond mining is not yet complete because of legal debate and protracted negotiations with the previous owners of the diamond concessions.
"[The achievement of] an agreement on these issues has taken much longer than we expected, but I'm glad to announce that we will soon settle all issues," - he concluded.
Chidakva said that by the end of this year, Zimbabwe's plans to mine in Marange 500 000 carats of diamonds per month.
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1 comment:

Pearl Necklace said...

Organizers of the 37th in a row the World Diamond Congress (World Diamond Congress) is carried out final preparations for this event, organized by the World Federation of Diamond Bourses (World Federation of Diamond Bourses, WFDB ) and the International Diamond Manufacturers Association (International Diamond Manufacturers Association, IDMA) . The Congress is held every two years.
At the Congress will discuss the work and approach to the problems of the industry leading mining companies, key representatives were also invited to the event.
Common themes of the congress, which will take place in Dubai from 16 to 19 May will be the transparency, accountability and sustainability in the diamond-producing countries. Discussion of this issue will be held on the morning of May 19, the representatives of the world's largest diamond mining companies will take part in the discussion.
"We expect that the delegates from the major diamond mining companies and countries will take part in the discussion - said WFDB President Ernie Blom (Ernie Blom) -. They will present their views on the state of the market and supply chain strategies, as well as to discuss other issues."
"For the first time at the World Diamond Congress, we introduce the discussion element to encourage those present at the event to take part in the discussions. With this we will be able to exchange views, to be raised important questions. In the first months of 2016 diamond sales figures were quite positive, and I am sure that it will also be one of the topics for discussion at which the audience will be students ask their questions ", - concluded Blom.