Zimbabwe: Govt to Cede 70% Ownership to Russia's Alrosa in Diamonds Deal

[New Zimbabwe] Russian Diamond exploration and mining giant Alrosa will have 70% stake in its joint venture with state-owned Zimbabwe Consolidated Diamond Company (ZCDC) in Manicaland with a provision set for possible expansion 'in the territory of the whole country,' according to their agreement....

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Published By: Allafrica - Thursday, 18 July