Zimbabwean state diamond company Zimbabwe Consolidated Diamond Company (ZCDC) held a tender for the provision of drilling services and the supply of fuel and lubricants.
Official Harare in February ruled that diamond companies from the region Marange (Marange) have to leave their land due to the expiration of the licenses.
Then, the authorities called diamond firms merge into a single company ZCDC, but their representatives refused.
"In addition to the ongoing work, the contractor was asked to deliver their parts for Warman and KSB pumps" - said in a statement ZCDC.
"For the participants of the tender will be held on a mandatory inspection and site visits to drill," - added to the diamond company.
The documents of the tender can be obtained for a fee of $ 10.
Local newspaper Zimbabwe Independent cites unnamed sources in the Ministry of the hill country of production. Last week, they noted that ZCDC Adlecraft Mining has hired as a contractor for mining diamonds in Marange region, since it does not have the capacity and resources to carry out such activities.
Reportedly, the Minister of Mines Chidakva Walter (Walter Chidhakwa) noted that opposition Marange diamond companies to associate with ZCDC caused the lack of capacity of production.
At the same time, the minister could not comment on the reported deal with Adlecraft.
In March ZCDC produced 513 000 carats of diamonds valued at approximately $ 21.5 million.
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Chow Tai Fook Group, a leading jewelry retailer in China, Hong Kong and Macau, reported a 29 percent drop in retail sales during the Lunar New Year celebrations.
According to official data provided by the company during the period from 25 January to 14 February 2016, retail sales by value in Mainland China dropped by 30%, while in Hong Kong and Macau - by 23% compared to the 5-25 February 2015.
Same-store sales during this period decreased by 31% in Mainland China and in Hong Kong and Macau - by 22%, while their total amount for the whole group of companies has fallen by 28%. By volume, same-store sales fell 29% in each of the regions.
Sales of jewelery with gems decreased by 30% in Mainland China and 3% in Hong Kong and Macau, causing reduction in total for the entire company to 20%. Product sales of gold in Mainland China decreased by 33%, while in Hong Kong and Macau - by 25%.
As noted in the Chow Tai Fook, decline in retail sales in value and a drop in comparable sales in mainland China due to a decrease in jewelry consumption during the celebration of the New Year according to the lunar calendar because of the increasing number of tourist trips of Chinese citizens to other countries in the reporting period, as well as the deterioration of the consumer sentiment in respect of premium products due to slowing economic growth and stock market volatility. In addition, one of the reasons for the decline in demand could serve as a drop in the level of Hong Kong visits by tourists from Mainland China. Drop in consumption of luxury goods in Hong Kong and Macao could also play a role.
The company noted that in the fourth quarter of the financial year, the situation on the market will continue to be difficult, which is why, perhaps, the indicators of the fourth quarter will be even worse than the results of the third quarter.
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