Friday, March 27, 2009

Chiadzwa mine report

From Bloomberg:

March 26 (Bloomberg) -- Zimbabwe Mining and Development Corp. is extracting up to 60,000 carats a week from the country’s Chiadzwa Diamond Fields, the Zimbabwe Times said, citing Mining Minister Obert Mpofu.

The state-owned ZMDC needs new equipment in order to meet its target income of $600,000 a day from Chiadzwa, also known as the Marange fields, the U.S.-based online newspaper said, citing Mpofu in a speech to parliament in the capital, Harare....

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