RioZim says diamond demand is back with a vengeance
After closures due to the pandemic, Zimbabwe’s second-largest diamond miner says consumer demand for polished stones is already recovering
Harare — Zimbabwe’s second-largest diamond miner sees demand picking up after the coronavirus pandemic forced RioZim to halt sales in March amid slumping gem prices.
With jewellery stores closed, cutters and polishers stuck at home and global travel at a standstill, the diamond industry has ground to a halt over the past six months. While De Beers, the number one producer, decided to cut the price of its diamonds this week in a bid to spark sales, RioZim said consumer demand for polished stones is already recovering...