Industry News by Nemesis

ALROSA Denies Entering Marange

July 14, 2019

Russian diamond giant, ALROSA, has denied receiving a licence to mine diamonds in Marange as alleged by the Zimbabwean state media.

However, the world’s leading diamond company in volume terms, said it will only explore and consider the feasibility of the Chimanimani area, among other parts of the country.

“ALROSA has never and under no circumstances considered and won’t consider the possibility of entering the Marange region,” the company spokesperson told Rough & Polished.
“All reports that ALROSA officially entered Marange or is going to enter Marange must be considered false.”

The diamond giant will make an official announcement concerning its operations in Zimbabwe next week, the spokesperson added.

Zimbabwe mines minister Winston Chitando also confirmed in The Herald report that an agreement will be signed next week, between Harare and ALROSA.

“Alrosa, which is from Russia, they have already opened an office in Zimbabwe which will be officially opened next week,” said Chitando.

According to ALROSA's media communications, the company operates in strict compliance with corporate standards and industry commitments as part of membership in RJC, WDC and DPA . 

“All these standards will be unconditionally implemented in the work of ALROSA in Zimbabwe,” the spokesperson said.


Source: Rough&Polished

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