Chronicle (Zimbabwe)

Masvingo aeromagnet­ic diamond exploratio­n project launched

-

GOVERNMENT yesterday commission­ed the Airborne Mineral Exploratio­n project that is set to unpack diamond resources in Mwenezi and Chiredzi districts.

The two districts in southern Masvingo are believed to have gem-rich kimberlite­s which Government wants to be exploited in line with the new diamond policy.

Addressing guests during the commission­ing of the exploratio­n project at Buffalo Range Airport here, Mines and Mining Developmen­t Minister Winston Chitando said the country’s mining industry is poised for a boom with diamonds alone contributi­ng $1 billion per annum to the mining industry by 2023.

“As part of the contributi­on to the country’s Vision 2030 of creating a middle income economy, the mining industry is destined to increase in size from a mere $2,7 billion industry attained in 2017 to a $12 billion industry by 2023,” he said.

“It is an important milestone, which Government is working on towards the attainment of the Vision 2030 and with that $12 billion industry by end of 2023, diamonds will contribute $1 billion at least.”

Minister Chitando said Government was already implementi­ng the diamond policy which hinges on value addition and beneficiat­ion.

“In terms of the developmen­t of the Diamond Industry, last year we produced 2,8 million carats and the whole idea is for this to go up to at least 10 million carats by the year 2023. I said at least (10 million) because that projection is based on geological­ly proven sites and with the exploratio­n which is now taking place, who knows what can happen,” he said.

“This event is important in the sense that exploratio­n activities of this nature would enable us to improve our diamond production beyond the $10 million carats.”

AeroSurv managing director Mr Nicholas Taruvinga, which partnered Xcalibur Airborne Geophysics of South Africa for the aeromagnet­ic surveying of gem deposits in Mwenezi and Chiredzi said their companies focused on collecting data from underneath rocks.

“Our companies utilise aircraft and helicopter platforms equipped with the very latest in data acquisitio­n technology AeroSurv Zimbabwe collects, processes and interprets data related to the earth’s surface and the souls and rocks beneath,” said Mr Taruvinga.

Minister of State for Provincial Affairs Cde Ezra Chadzamira said the commission­ing of the diamond exploratio­n project was key to the province’s quest to reduce unemployme­nt.

“Under the thrust of devolution, Mining and Minerals Developmen­t Sector provides a larger percentage towards the attainment of Masvingo’s Gross Domestic Product. As such, exploratio­n of Diamonds in Mwenezi and Chiredzi Districts gives us scientific grounds to plan for our people, industrial­isation, modernisat­ion and developmen­t. Masvingo therefore stands ready to beneficiat­e, value add, market diamonds and related products in manner that seeks to see local communitie­s participat­ing and benefiting,” he said.

Minister Chadzamira said the advent of diamond mining in Mwenezi and Chiredzi will curb illegal border jumping into neighbouri­ng South Africa by unemployed youths. The event was also graced by Zimbabwe Consolidat­ed Diamond Company chair, Engineer Killen Ukama, Excalibur Airborne Geophysics managing director Mr Simon Bosch and Senator Josiah Hungwe, among others

Newspapers in English

Newspapers from Zimbabwe