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Zimbabwe Mines and Mining Development Minister <a href="https://www.pindula.co.zw/Winston_Chitando">Winston Chitando</a> has said the government is confident it will produce six million carats and generate US$1 billion from the diamond industry next year in line with set targets.
The government plans to grow the mining industry to US$12 billion by next year.
The diamond sector is projected to contribute US$1 billion; Gold is expected to generate US$4 billion, while platinum is expected to bring in US$3 billion.
When the plan was launched in October 2019, mining contributed only US$2.7 billion to economic growth and to US$5.3 billion last year.
In 2021, diamond production stood at four million carats, up from 1.8 million carats recorded in 2018.
Chitando told <a href="https://www.sundaymail.co.zw/zim-confident-of-producing-6m-carats-next-year">The Sunday Mail Business</a> that the set target in the production of precious stones was on the back of expansion projects, as well as value addition and beneficiation initiatives in the sector.
Speaking after officiating at the inaugural gemstones conference organised by the Zimbabwe School of Mines in Harare last week, Minister Chitando said:
<blockquote>
All I can say is we are achieving US$1 billion next year . . .
During the Covid-19 pandemic, the diamond industry became subdued. I would rather focus on the future and on the fact that we are going to do over six million carats next year, through which we will achieve our US$1 billion.
On the diamond side, we are very clear in terms of the gemology centre, value addition and the arrangement between ZCDC (Zimbabwe Consolidated Diamond Company) and Aurex, and various other value addition initiatives which are being undertaken.
</blockquote>
Current projects under expansion and development include Alrosa, Anjin and Murowa Diamond.
Meanwhile, government critics say while Zimbabwe is endowed with vast natural resources and is host to more than 40 different minerals in the categories of precious metals, base metals, industrial metals and gemstones, the resources are only benefiting political elites.
They say rampant looting in the mining sector results in the allocation of insufficient funds towards service delivery.
<h2><a href="https://zero.pindula.co.zw/">Pindula News</a></h2>

Pindula News

Zimbabwe Confident It Will Produce 6 Million Carats And Generate US$1 Bn From Diamonds

Zimbabwe has received 25 000 more doses of the Russian Covid-19 vaccine, Sputnik V, donated by diamond miner Alrosa Group.
The managing director of Alrosa Zimbabwe Mr Sergey Loshkarev handed over the vaccines to Deputy Minister of Health and Child Care Dr John Mangwiro.
Last week, Zimbabwe received two million Sinovac vaccines and another 3.5 million jabs are expected before the end of the month in two batches of 1.5 million and two million.
The country is mainly using the Chinese-made Sinopharm and Sinovac vaccines which were granted Emergency Use Authorisation by the World Health Organisation (WHO).
Accordig to research, Sputnik V Covid-19 vaccine has 97.6 per cent efficacy.
After receiving the second batch of doses from Alrosa yesterday, Mangwiro implored those with unusual symptoms not to wait until it was too late. He said:
<blockquote>I want to urge fellow Zimbabweans that Covid-19 disease is real. Once you feel unusual symptoms like headache, vomiting, difficulty in breathing, or anything else, please go to the hospital as early as you can.
This disease gets worse over hours and or days people will be in bad shape. I want to emphasise that people should go to hospitals and other registered formal places where they can be helped.
At times people present late at health facilities and we end up losing them. Most of the cases that succumb would have delayed in seeking professional healthcare.
These 25 000 doses are the second doses of the 25 000 vaccines we received about three weeks ago and those vaccinated will now be able to be vaccinated in time for their second doses so that they are fully vaccinated.</blockquote>
He also thanked Alrosa Zimbabwe for the donation saying it showed a strong relationship between Russia and Zimbabwe.
Zimbabwe has as of 14 July 2021 vaccinated at least 988 746 (first dose) and 624 894 (second dose).
More: <a href="https://news.pindula.co.zw">Pindula News</a>; <a href="https://www.herald.co.zw/25-000-more-doses-arrive-from-russia/">The Herald</a>

Zimbabwe Has Received 25 000 More Sputnik V Doses

Russian diamond producer Alrosa PJSC has said it will buy and donate the Sputnik V Russian-developed coronavirus vaccines to Angola and Zimbabwe to help the two Southern African nations vaccinate their populations against the viral disease.
The company’s Chief Executive Officer Sergey Ivanov told Bloomberg on Wednesday that the vaccines will be supplied once emergency-use authorization for the Sputnik V vaccine is granted.
Ivanov, however, did not specify the number of vaccines that will be given to the two countries but said the first shipments are expected to start from the second half of March.
Sputnik V (Victory), the Russian-developed COVID-19 vaccine has now been approved for use in at least 20 countries and has an efficacy of 92%, rivalling vaccines developed in the United States and Europe such as Pfizer-BioNtech, Moderna and Oxford Uni-Astra-Zeneca.
Alrosa, which has operations in both Angola and Zimbabwe, holds 25 prospecting concessions, in the latter and said it expects to receive another 15 by late February to early March.
<h4>More: <a href="https://www.bnnbloomberg.ca/russian-diamond-giant-to-donate-vaccines-to-angola-zimbabwe-1.1561853" rel="noopener" target="_blank">Bloomberg</a></h4>

Russian Diamond Firm, Alrosa To Donate Coronavirus Vaccines To Zimbabwe, Angola

The <a href="https://www.pindula.co.zw/Government_of_Zimbabwe" rel="noopener noreferrer" target="_blank">government of Zimbabwe</a> is on the verge of agreeing an estimated US$1.4bn three-year sale-purchase agreement with Russia’s diamond producer and a Swiss firm that will result in the exchange of Zimbabwean diamonds for fuel.
According to Business Times, Zimbabwe is finalising a sale-purchase contract with a Swiss firm, Tatneft, which will provide diesel while it gets diamonds from the Zimbabwe Consolidated Diamond Company (ZCDC).
The deal is expected to be operational in 2020 and will run until 2023. Under the deal, Alrosa of Russia will receive diamonds from the ZCDC every month with an estimated value of US$40m.
According to the report, the <a href="https://www.pindula.co.zw/Reserve_Bank_of_Zimbabwe" rel="noopener noreferrer" target="_blank">Reserve Bank of Zimbabwe (RBZ)</a> is expected to sign the contract on behalf of Zimbabwe.
<h4>More: <a href="https://businesstimes.co.zw/zim-in-us1-4bn-gems-for-fuel-deal/" rel="noopener noreferrer" target="_blank">Business Times</a></h4>

Zimbabwe In Fuel For Diamonds Deal With Russians & Swiss - Report

Russian diamond miner Alrosa has entered into a joint venture (JV) agreement with Zimbabwe national diamond miner Zimbabwe Consolidated Diamond Company (ZCDC) to develop diamond deposits in Zimbabwe.
The agreement was signed by ZCDC chairperson Killian Ukama while Alrosa deputy CEO Vladimir Marchenko signed on behalf of the Russian company.
President Emmerson Mnangagwa and Alrosa CEO Sergey Ivanov were also present during the signing of the agreement.
Alrosa will hold a 70% controlling stake for the development of greenfield projects, while ZCDC will own the balance.
In a media statement released on Tuesday, Marchenko said:
<blockquote>The creation of a JV is a major step in cooperation with our partners in Zimbabwe. 
We are committed to productive work in the exploration of new promising areas and subsequent diamond mining.
Our specialists have been working in Zimbabwe for more than three months now and the national authorities have been of great support to them. We have chosen various projects for the JV.
Of the existing fields for development, we are preliminary considering the areas located in the Chimanimani region.</blockquote>
<h4>More:<a href="https://www.miningweekly.com/article/alrosa-signs-jv-agreement-with-zimbabwean-miner-2019-07-16" rel="noopener noreferrer" target="_blank"> Mining Weekly</a></h4>

ZCDC Signs Agreement With Russian Diamond Miner

Alrosa, the world’s largest diamond producer by output, is investing in a new operation in Zimbabwe, the company’s CEO has announced.
Alrosa has registered a subsidiary in Zimbabwe and will launch exploration and extraction operations in the country, the company said Monday during a visit by President Emmerson Mnangagwa to Moscow.
Said Alrosa
<blockquote>“Within the next month Alrosa’s experts, including geologists and mining engineers will arrive in the country to start the operations.</blockquote>
Alrosa CEO Sergey Ivanov, said:
<blockquote>Today we see opportunities for a new stage of our partnership. We are ready to develop new joint projects for diamond exploration and extraction. We also seek to support Zimbabwe in the development of its diamond-mining industry in line with industry’s best practices. We are happy to share with our partners a wealth of experience in the field of mineral exploration and diamond mining, including the industry self-regulation and responsible business</blockquote>
More: <a href="https://newzwire.live/worlds-largest-diamond-firm-announces-zimbabwe-investment/">newZwire</a>

World’s Largest Diamond Firm Announces Zimbabwe Investment

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