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African Leaders Support Zimbabwe Diamond Conference 2014

Sep 17, 2014 2:33 AM   By ZDC
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Press Release: The Ministry of Mines and Mining Development of Zimbabwe is hosting the Zimbabwe Diamond Conference 2014 in Harare on November 6 and 7, 2014. The conference will focus on “Completing Zimbabwe’s Diamond Potential for the Future.”

Several African mines ministers have confirmed their presence at the conference, namely: Ngoako Ramatlhodi, the Minister of Mineral Resources of the Republic of South Africa;  Isak Katali, the Minister of Mines and Energy of the Republic of Namibia; Martin Kabwelulu Labilo, the Minister of Mining of the Democratic Republic of the Congo, and  Bernardo Campos, the vice chair of the Kimberley Process Certification Scheme.

According to the industry analysts, Africa accounts for 61 percent of the world’s diamond production by value and 56 percent by volume.

“In fact,” commented conference organizer Francis Gudyanga, the permanent secretary of the Zimbabwe Ministry of Mines and Mining Development, “six African producers account for 98 percent of African volume and 93 percent of African output value. Most likely, all of these six countries will be actively represented at, or participating in, the Zimbabwe Diamond Conference 2014. It truly will be a major African diamond event.

“The conference will enable in-depth discussion of specific African concerns. Most of the world’s alluvial mining output comes from the African continent. This type of mining is exceedingly labor intensive. The largest diamond mining company in the world, which operates mostly kimberlite operations, has a global workforce of some 12,000 workers (87 percent of them in Africa). However, the 15 African producers may have a million or so workers, most of these are diggers in the informal sectors. The enormous diamond industry challenges which Africa faces have never before been addressed in an African diamond conference,” he said.

According to an article in Forbes, Zimbabwe may at some point account for some 25 percent of global production. “Apart from the Marange areas, there are a handful of other areas where we know diamond mining has been, or still is, taking place. In the last decades, far more sophisticated exploration techniques have been developed, which have not yet really been employed in Zimbabwe. If major mining companies would seriously explore Zimbabwe’s diamond potential, this will undoubtedly yield some exciting surprises,” predicted industry analyst Even-Zohar who will be moderating the conference. “The conference will provide an opportunity for Zimbabwe’s mining and exploration experts to share their knowledge with an international audience.”

Registration for the conference is open. More information can be found here


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