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Zimbabwe Sees $1.6 Billion Platinum Pact With Russia

A group of Russian partners and the Zimbabwe government will next month sign an agreement to develop a mine on a platinum deposit requiring total investment of about $1.6 billion, the African country’s mines minister said.

OOO VI Holding and state corporations Rostec and Vnesheconombank plan to confirm their participation in the Darwendale project at an event in Harare, the capital, Walter Chidakwa said in an interview.