Alrosa, the world’s largest diamond producer by output, is investing in a new operation in Zimbabwe, the company’s CEO has announced.
Alrosa has registered a subsidiary in Zimbabwe and will launch exploration and extraction operations in the country, the company said Monday during a visit by President Emmerson Mnangagwa to Moscow.
Said Alrosa
“Within the next month Alrosa’s experts, including geologists and mining engineers will arrive in the country to start the operations.
Alrosa CEO Sergey Ivanov, said:
Today we see opportunities for a new stage of our partnership. We are ready to develop new joint projects for diamond exploration and extraction. We also seek to support Zimbabwe in the development of its diamond-mining industry in line with industry’s best practices. We are happy to share with our partners a wealth of experience in the field of mineral exploration and diamond mining, including the industry self-regulation and responsible business
More: newZwire