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Contango announces new offtake arrangement and operational update

Contango announces new offtake arrangement and operational update
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Russia Diamond Supply Squeeze May Benefit Zimbabwe Miner s Gems

(Bloomberg) Zimbabwe’s biggest rough diamonds miner sees Russia’s invasion of Ukraine triggering “far-reaching consequences” for the global gem industry and possibly lifting demand for its own stones.

Russia diamond supply squeeze may benefit Zimbabwe miner s gems

The southern African country is targeting $12 billion of mining industry revenue by next year, and state-owned ZCDC plans to contribute $1 billion of that, Mabhudhu said.

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