12 °c
London
Sunday, December 3, 2023
No Result
View All Result
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Africa

Alrosa finalizes Zimbabwe JV with ZCDC

Staff by Staff
December 30, 2019
in Africa, Diamond, Economy, Mining, Zimbabwe
Reading Time: 1 min read
0 0
0

Alrosa and Zimbabwe Consolidated Diamond Company (ZCDC) have signed a number of agreements to finalize the creation of a joint venture for prospecting and exploration works for primary diamond deposits in the Republic of Zimbabwe.

According to the agreements, Alrosa owns 70 percent of Alrosa (Zimbabwe) Limited JV, with state-owned ZCDC getting 30 percent.

The Russian mining company established Alrosa (Zimbabwe) Limited in December 2018. In July 2019, Alrosa and ZCDC signed a memorandum of agreement to transform it into a JV for prospecting, exploration and, in case of success, mining of primary diamond deposits in Zimbabwe.

“We are focused toward productive prospecting and exploration for primary diamond deposits in the Republic of Zimbabwe,” said Alrosa CEO Sergey Ivanov. “Signing current agreements allows us to form the company’s administration and to initiate procedures required to get necessary permissions and licenses.”

Source: IDEX Online

Related

Tags: AlrosaAlrosa (Zimbabwe) LimitedJoint VentureJVmemorandum of agreementMoARussiaSergey IvanovZCDC)zimbabweZimbabwe Consolidated Diamond Companyзимбабвеزيمبابويジンバブエ津巴布韦
Staff

Staff

Related Posts

COP 28

COP28: unmasking greenwashing in Africa and the challenge for sustainable development

by The Exchange
December 3, 2023
COP 28

COP 28: The developed world’s broken promises – How can Africa finance energy transition? – NJ Ayuk

by Rafael Carvalho
December 3, 2023
Weekend

Top night clubs in Dar es Salaam

by FurtherAfrica
December 3, 2023
Energy

Galp kicks off PEL 83 drilling in Namibia

by Energy Capital & Power
December 2, 2023
Trade

ITC and TRAIDE Foundation promote direct Dutch-Ethiopian coffee trade

by Fabio Scala
December 2, 2023
Mozambique eVisa
 
MozParks

Translate this page

Read the Latest

COP 28

COP28: unmasking greenwashing in Africa and the challenge for sustainable development

by The Exchange
December 3, 2023
0

As COP28 unfolds with its myriad discussions and commitments, a less visible but equally critical issue looms on another continent...

Read more

COP 28: The developed world’s broken promises – How can Africa finance energy transition? – NJ Ayuk

December 3, 2023

Top night clubs in Dar es Salaam

December 3, 2023

Galp kicks off PEL 83 drilling in Namibia

December 2, 2023

ITC and TRAIDE Foundation promote direct Dutch-Ethiopian coffee trade

December 2, 2023

FurtherAfrica Partners Network

The Exchange Farmers Review Africa 360 Mozambique
TechGist Africa Energy Capital & Power Club of Mozambique
Taarifa Rwanda Web3Africa See Africa Today
Africa Global Funds Novafrica CrudeMix Africa
Harambee Africa Botswana unplugged Financial Insights Zambia
O Económico Digilogic Africa  

Subscribe to FurtherAfrica

Enter your email address to receive new articles on your email.

Join 107.2K other subscribers
FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

© 2021 FurtherMarkets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?