Sep 12, 2018

RZ Murowa Holdings Ltd Becomes a Member of the Diamond Producers Association

The Diamond Producers Association (DPA) tody  announced that RZ Murowa Holdings Ltd., majority owner and operator of Murowa Diamonds Private Ltd. (Murowa Diamonds), has joined the DPA, effective  July 1, 2018. 

 Murowa Diamonds operates the Murowa mine in Zimbabwe, which was owned by  Rio Tinto uptill 2015. It has been expanded significantly under its new leadership.

Manit M. Shah, Chief Operating Officer of Murowa Diamonds, is slated to join the Board of Directors of the DPA in September 2018. Shah has considerable experience managing international operations and driving business performance. 

Jean-Marc Lieberherr, CEO of the DPA, said: “We are delighted to welcome RZ Murowa to the DPA and Manit to our Board of Directors.  The DPA will continue to play a vitally important role in the future of the diamond industry and broadening our representation and geographic reach will help ensure we maximise the positive impact we can have for the sector as a whole. We look forward to working closely with Manit and his colleagues at RZ Murowa.” 

Manit M. Shah, Chief Operating Officer at Murowa Diamonds, commented:  “Joining the DPA is an important milestone in the life of RZ Murowa Holdings Ltd. and a recognition of the work we are doing to operate our assets responsibly and sustainably. I am very pleased to join such a distinguished Board of Directors and will do my best to contribute to the essential work the DPA is doing for our industry.”

Murowa, which  went through a strategic overhaul exercise after it changed hands Murowa today produces circa 1,200,000 carats of predominantly white gem quality diamonds. Its production for 2015 was pegged at 255,000 carats.