Murowa diamond mine Murowa's production will fetch an average price of $65 USD per carat (325 $/g). 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
Jericho Diamond Mine on certain covenants of their investment agreement, but is working with Shear to find funding or a purchaser. The mine was developed, opened and operated by Tahera Diamond Corporation. The company was provided with CAN $35 million loan by Tiffany & Co. to assist in construction of the site, as part of a marketing alliance. The mine produced diamonds from 2006 to February 2008, and was Tahera's only mining operation. The company reported financial losses in 2007 due to operational difficulties, the high value of the Canadian dollar, high oil prices, and the short operating season of the Tibbitt to