Zim Sells 1.4 Million Carats of Rough in First Five Months of 2015
June 14, 15
(IDEX Online News) – Zimbabwe sold 1.4 million carats of rough diamonds worth $75.92 million at local tender sales in the first five months of 2015, according to data form the Minerals Marketing Corporation of Zimbabwe (MMCZ), as reported by AllAfrica.com.
A total of $15.2 million, consisting of 15 percent royalties, 2.5 percent management fees and 2.5 percent depletion fees, was deducted from the total realized, leaving a net revenue of $60.7 million, reported the new site.
Last year Zimbabwe conducted its first ever diamond tender held in the country at the newly constructed diamond sale facilities at the MMCZ.