Murowa diamond mine Murowa diamond mine The Murowa diamond mine is a diamond mine located in Mazvihwa, south central Zimbabwe, about 40 kilometres from the asbestos mining town of Zvishavane in the Midlands province. The mine is majority owned and operated by the Rio Tinto Group, which also owns the Argyle diamond mine in Australia and part of the Diavik Diamond Mine in Canada. The mine is a combination of open pit and underground construction; current estimates put construction costs at $61 million USD and mine reserves are 19 million tonnes of ore, with an ore grade of per tonne. Murowa consists of
Argyle diamond mine of the open pit; these reserves would be mined underground (by block caving), rather than the open pit method currently used. In late 2005, Rio Tinto Ltd concluded that the operation was economically feasible. Pre-production construction of the underground mine commenced in early to mid 2006 The Argyle diamond mine is economically feasible because its large reserves and high-grade ore offset a low average diamond value. The estimated value of Argyle diamond production is only US$7 per carat ($35/g); this compares to values of $70 per carat ($350/g) for diamonds produced at the Diavik mine and US$170 per carat ($850/g)