Russian companies are exiting Africa
Russian-African economic cooperation and partnerships continue to face challenges and obstacles.
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Russian-African economic cooperation and partnerships continue to face challenges and obstacles.
According to Bloomberg, the Darwendale has been tied to Russia since 2006, when former Zimbabwe president, Robert Mugabe, took the concession from a local unit of South Africa's Impala Platinum Holdings Ltd. and handed it to Russian investors. The first venture to try and tap the deposit was named Ruschrome Mining - it included a…
Russia’s Vi Holding has quit its involvement in Zimbabwe’s Great Dyke Investments platinum company.
A major stake held by a Russian tycoon in the Darwendale deposit is scaring off potential financiers for the $3bn mine, people with knowledge of the matter say
Darwendale has been tied to Russia since 2006.