Zimbabwe, Russia finalise deal for $4bn platinum mine

Zimbabwe has signed an agreement with Russia to build a new platinum mine in the southern African country, finalising a deal that’s stalled since 2014.

A deal to develop a new platinum-group metals mine on a prospect held by Great Dyke Investment, a company jointly owned by a Russian State-controlled company and Zimbabwe’s government has been sealed, Polite Kambaruma, the nation’s Deputy Mines Minister said.