Diamond and Gold Reserves Found In Zimbabwe

Aero Surv Zimbabwe in partnership with Pretoria based South African firm Xcalibur Airborne Geophysics have discovered new diamond and gold deposits in Mwenezi district and Chiredzi area.

Xcalibur Airborne Geophysics specialises in ultrahigh-resolution magnetics, radiometric, electromagnetics and gravity surveys across Africa. The company has a fleet of aircraft comprising robust turbine Air Tractors, turbine BN-2T Islanders, and Airbus Helicopter B2-B3s.

The surveyed block for diamonds covered approximately 8 800km stretching over Ngundu, Rutenga and other parts of Mwenezi. It focused on conglomerate, alluvial and kimberlite deposits.

The diamond deposits were discovered around the Chingwizi area in Mwenezi while gold was found in northern Chikombedzi following an aero-magnetic survey.

The discovery of the two minerals bodes well for the economy

Ezra Chadzamira – Masvingo Provincial Affairs and Devolution Minister

Russian state-owned Alrosa, Ainjin of China, Murowa, and the Zimbabwe Consolidated Diamond Company (ZCDC), are the only companies allowed to extract diamonds in Zimbabwe.

Currently, Zimbabwe extracts about 3.2 million carats annually with the government aiming to triple their output of 11 million carats by the year 2023.

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