The world’s biggest diamond mining company, Alrosa, has ceased operating in Angola as the sanctions-hit group offloads its shares in the African country’s key diamond mines to an Omani state-owned ...
Alexei Moiseev, Russia’s deputy finance minister, told Russian media last month that Alrosa was ready to exit Angola, but it would not sell its stake in Catoca to Anglo American-owned De Beers, the ...
Angola has sidelined Alrosa from all its diamond-mining interests in the country as sanctions on the Russian miner caused bottlenecks in selling rough. “Sanctions on the Russian diamond industry ...
A few days before U.S. President Joe Biden’s visit to Angola, the country is pushing Russia to withdraw from its diamond mining operations, signaling support for U.S.-led sanctions against Moscow. In ...
Angola has announced that Russian shares in two of its major diamond mines have been sold to an Omani-backed fund as a result of international sanctions, a government official said. Russia's ...