Receive our newsletter – data, insights and analysis delivered to you
  1. News
August 6, 2020

Mutinta Jewellery to open a diamond processing plant in Zambia

Zambian miner Mutinta Jewellery has announced the opening of a $3.2m diamond and gemstone processing plant in the country, designed to manufacture jewellery from diamonds, gemstones, and other precious stones.

By Yoana Cholteeva

Zambian miner Mutinta Jewellery has announced the opening of a $3.2m diamond and gemstone processing plant in the country, designed to manufacture jewellery from diamonds, gemstones, and other precious stones.

The plant is set to start full operation before the end of August 2020 and it anticipates production of 15,000-25,000 carats per annum.

The plant is set to directly employ about 200 Zambians, indirectly creating approximately 100 more roles.

Permanent Secretary in the Ministry of Mines and Minerals Development Barnaby Mulenga has expressed the ministry’s support to the company, which is in line with the government’s policy of value addition and empowerment of local entrepreneurs.

He said: “We want to pledge our commitment in supporting this company as this is a very good investment and will definitely bring in value addition, so we will help you with trade facilitation.”

Mulenga also said that the development of the processing plant will add value to the industry, as it is currently exporting raw gemstones before processing. The establishment of the local processing plant will enable small scale miners to sell their precious stones in raw form, which can then be polished locally before exporting.

Content from our partners
Digitalisation and its impact on the mining industry
Case study: how to save time, cost, and mining interaction for service and dewatering bores
Innovations in mining and the future of the industry

Mutinta Jewellery said that the new plant is planned to help make Zambia a marketplace for diamonds, gemstones, and other precious stones for jewellery, as well as encouraging small-scale miners to bring their stones for processing and earn better returns.

“We have also engaged experts from China who are transferring skills to Zambians and we have already started doing a test run for most of the machines and will want to make sure that everything is up and running without any problem before full operations begin in August,” a company spokesperson said.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The mining industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU