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…
De Beers Group has unveiled the details of the eighth sales cycle for 2022 completing $US500 million in rough diamond sales.
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Alrosa will only be allowed to work on two of the diamond deposits, while the rest will be made available to other investors.