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Zimbabwe-China joint venture now world's biggest diamond producer

English.news.cn   2011-12-15 08:17:17            

by Gretinah Machingura

MUTARE, Zimbabwe, Dec. 14 (Xinhua) -- Anjin Investments is now the biggest diamond producer in the world with only one and a half years of mining in eastern Zimbabwe, an official said on Wednesday.

The company's director Munyaradzi Machacha told reporters on a tour of the mine that it now has a capacity of producing 12,000 tons of ore per day and had invested heavily in state-of-the-art machinery.

On Thursday this week the company is set to commission two additional processing units acquired at a total cost of 18 million U.S. dollars to the current five that are operational.

The new units would boost the company's processing capacity which it hopes will continue to grow in the future.

"We are now the largest diamond mining company in the world and the Kimberly Process has confirmed that and we are proud of that," Machacha said, adding the company was poised to play a significant role in the development of Zimbabwe.

Machacha said the company was also big in terms of the share size, the amount of ore it is capable of producing, as well as the massive production and processing machinery it has on site.

Anjin is a 50/50 joint venture between the government-owned Zimbabwe Mining Development Corporation and Anhui Foreign Economic Construction Company Limited of China.

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Editor: Xiong Tong
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