ALROSA Launches New Operations In Zimbabwe - Business Media MAGS

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ALROSA Launches New Operations In Zimbabwe

Diamond mining company, ALROSA will develop new mining operations in the Republic of Zimbabwe, the company said in a statement.

“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,” said ALROSA CEO Sergey Ivanov. As such, “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”, he added.

Negotiations held in 2018 by ALROSA and the leadership of the Republic of Zimbabwe resulted in a decision to start operations in the country and open ALROSA’s subsidiary. The new entity  will implement projects for exploration and mining operations with a view to establishing joint diamond and other ore mining enterprises.

Within the next month, ALROSA’s experts, including geologists and mining engineers, will arrive in the country to start the operations, the company said.

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