Russian Diamond exploration and mining giant Alrosa will have 70% stake in its joint venture with state-owned Zimbabwe Consolidated Diamond Company (ZCDC) in Manicaland with a provision set for possible expansion 'in the territory of the whole country,' according to their agreement.
Information Minister Monica Mutsvangwa revealed that although efforts will be made to ensure a much favourable parity between Alrosa and ZCDC, the structure will be in favour of the Russian firm.
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