Russian diamond miner Alrosa has entered into a joint venture (JV) agreement with Zimbabwe national diamond miner Zimbabwe Consolidated Diamond Company (ZCDC) to develop diamond deposits in the Southern African country. The agreement was signed by Alrosa deputy CEO Vladimir Marchenko and ZCDC chairpersonn Killian Ukama in the presence of Zimbabwe President Emmerson Mnangagwa and Alrosa CEO Sergey Ivanov. According to the terms of the agreement, ALROSA gets a 70% controlling stake for the …
