The Ministry of Mines and Mining Development of the Republic of Zimbabwe will organize a second Zimbabwe Diamond Conference on the 6th and 7th of November 2014 in Harare.

The conference will be hosted by the Honourable Minister Walter K. Chidakwa (M.P.) who will address the audience on behalf of the Zimbabwe government.

Dignitaries from leading African diamond producing countries and delegates from world leading diamond traders, manufacturers, financiers and jewelers will come together during the conference.

Zimbabwe is the third largest diamond-­‐producing nation in the world in amount of carats. According to the Kimberley Process report, Zimbabwe produced 12,060,161.70 cts in 2012 with a value of US$ 644,033,522.30.

The government of Zimbabwe is currently in the process of optimizing its revenues from diamond sales by organizing different tenders. In December 2013, the first Zimbabwean rough diamond tender in Antwerp achieved US$10,5 million from the sale of 279,723 cts. A second Antwerp tender in February 2014 brought in US$70 million from 959,931 cts. In March 2014, a diamond tender in Dubai raised US$29,3 million from the sale of 380,626.24 cts.

The Honourable Permanent Secretary Prof. Francis Gudyanga said:

“Since being accepted again as a full member of the KPCS in 2011, Zimbabwe made a lot of progress in the diamond industry. By organizing this conference, we would like to highlight these accomplishments. Zimbabwe found its place again in the industry!”

The conference will be spread over two days.