Zimbabwe: ZCDC Holds Its First Diamond Auction

23 February 2018

Government has conducted its first diamond sale since the consolidation of mining under the Zimbabwe Consolidated Diamond Company in Chiadzwa which raked close to US$1 million.

The sale surpassed Government's anticipated target of US$620 631. Although Government could not reveal the number of carats auctioned, one special carat was fetching US$1 888, which is a remarkably improved figure from previous sales where the gems were sold for US$50 or less.

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