Russia looks at Zimbabwe for Diamonds

The world’s largest diamond producer by output, Alrosa of Russia, is interested in investing in exploration and mining in Zimbabwe, while also exploring the prospects of bilateral co-operation in technology transfer.

CEO of the Mirny-headquartered firm, Mr Sergey Ivanov, has already met President Emmerson Mnangagwa and is keen on moving into Zimbabwe.

Harare is crafting a new diamond policy and the Zimbabwe Consolidated Diamond Mining Company will be unbundled to open the sector to private investors. In e-mailed responses to The Sunday Mail recently, Mr Ivanov said “pre-work” was underway “to identify possible areas for co-operation”.

Alrosa is mainly engaged in the exploration, manufacturing, marketing and sale of diamonds.

http://www.sundaymail.co.zw/russian-giant-eyes-zim-gems/

Regards,

Andy D’Arcy Mossop

Marketing Manager/Design Engineer

0828554903

www.insumbi.com

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