Zimbabwe: Zim Diamonds Projected to Hit 14 Million Carats

23 August 2012

ZIMBABWE'S diamond output is projected to reach 14,5 million carats - valued at US$1,7 billion - by 2014, according to the latest Equity Communications Diamond report. "Zimbabwe grew its production of diamonds by 1 000 percent in three years to 11,1 million carats in 2011 at a time when the country was facing extreme domestic and international impediments," says the report.

Equity Communications is an investor communications firm and business information provider specialising on the Zimbabwe economy and industries that have global significance, such as tobacco and platinum.

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