Alrosa invests $12m in diamond exploration in Zimbabwe
Alrosa CEO Sergey Ivanov says exploration will start in September
16 July 2019 - 21:41
Harare - Russian diamond company Alrosa on Tuesday signed a deal to explore and mine diamonds in Zimbabwe, as the southern African nation seeks to leverage its mineral resources to boost the country's ailing economy.
Zimbabwe has large diamond reserves but mining of the precious stones has been chaotic with shady dealings rampant and policy flip-flops by the government a turn-off for investors...
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