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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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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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Jan 21, 2020· Moxico Resources Ltd has invested about USD 40 million into the mine and expects to create between 600 and 800 direct and more than 1,000 indirect jobs under the first phase. The second phase would take up production capacity to 40,000 tonnes of copper annually with an estimated investment of USD 120 million.
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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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