THE Zimbabwe Consolidated Diamond Company (ZCDC) will exhibit some of its capital expenditure projects at next week’s Zimbabwe International Trade Fair (ZITF) to be held in Bulawayo.
The 65th edition of ZITF will commence on Monday and end Saturday at the Zimbabwe International Exhibition Centre in Bulawayo.
This year’s theme is Industrialisation: Crafting an Integrated Economic Landscape.
“The Zimbabwe Consolidated Diamond Company will this year exhibit some of its capital expenditure projects at the Zimbabwe International Trade Fair that have resulted in diamond ore mined and stripped increasing by 41% to 8,9 million tonnes in 2023 from 6,3 million tonnes in prior year,” ZCDC said, in a statement.
“The 65th edition of premier exhibition will commence on April 21 and winds down on April 26 at the Zimbabwe International Exhibition Centre in Bulawayo. This year’s theme ‘Industrialisation: Crafting an integrated economic landscape’ underscores the critical role of industrialisation in driving Zimbabwe’s economic growth.”
ZITF’s theme is focused on showcasing cutting age advancements in manufacturing, technology, agriculture, value added services and emphasise the need for a robust and competitive industrial base.
ZCDC corporate affairs executive Sugar Chagonda said ZITF presented an enormous opportunity to engage with the organisation’s external stakeholders with the view to establish strong mutually beneficial relationships.
“Becoming a world-class diamond producer is our vision and we are delighted that this year’s theme aligns with that aspiration. In less than 10 years of existence, ZCDC has made great strides in the diamond mining value chain,” he said.
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“Just recently, we commissioned a new Deep Boiling Facility at our Chiadzwa Mine. We believe that this development is a firm commitment towards industrialsation and the optimisation of our operations.
“In our quest to become a world-class diamond, we are also transforming the lives of numerous households through vibrant corporate social investments projects.”
Despite global commodity price fluctuations, the ZCDC’s output has been on an upward trend following the acquisition of production equipment.
Over the past two years, ZCDC has invested in different diamond mining equipment such as the Jaw Area 700 plant phase 2 and the conglomerate detachment plant.
Last December, ZCDC commissioned a Deep Boiling Facility which value-adds the precious stones before shipment.
The company also invested in state-of-the-art security systems such as automated searching equipment, which play a crucial role in the reduction of pilferage.
