Govt, Russians in 1,6bn mining deal | The Herald
The Russians are part of a consortium that snapped up a 40 percent stake in Ruschrome Mining, a RussianAfrican joint venture licensed to mine the Darwendale platinum fields.
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The Russians are part of a consortium that snapped up a 40 percent stake in Ruschrome Mining, a RussianAfrican joint venture licensed to mine the Darwendale platinum fields.
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Aug 05, 2014· HARARE (Reuters) A ZimbabweRussia joint venture company, Ruschrome Mining, plans to invest billion in developing a platinum mine and constructing a smelter and refinery in the African state, the stateowned Herald newspaper reported on Tuesday.
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Vi Holding took over Ruschrome''s shareholding in 2014, the people said. An offer about eight years ago by a "large international mining house" to buy out Pen East from the project for 30 million was rejected, according to a proposal prepared by CDF Trust Consulting BV, a Zimbabwean consultancy, that was seen by Bloomberg.
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Army puts backers off multibillion ... African Mining Market · Vi Holding took over Ruschrome''s shareholding in 2014, the people said. An offer about eight years ago by a "large international mining house" to buy out Pen East from the project for 30 million was rejected, according to a proposal prepared by CDF Trust Consulting BV, a Zimbabwean consultancy, that was seen by Bloomberg.
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They will invest in Ruschrome Mining, a RussianAfrican joint venture licensed to mine the field. The Darwendale platinum deposit holds 19 tonnes in proven reserves and 775 total tonnes of metals ...
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