New Russian Platinum Mining Partnership

Resource Investing News

Bloomberg reported Russian Technologies Corp., Metalloinvest and Telconet Capital signed an agreement to mine platinum internationally.

Bloomberg reported Russian Technologies Corp., Metalloinvest and Telconet Capital signed an agreement to mine platinum internationally.

As quoted in the market news:

The partners will study the creation of a consortium to mine, process and sell platinum group metals, according to a statement sent by e-mail from Usmanov’s mining company today.

Russian Technologies may provide Zimbabwe with military helicopters in exchange for the possible participation in a platinum mining venture in the African nation, Kommersant newspaper reported today, citing a person in the Russian presidential administration whom they didn’t identify.

Click here to read the full Bloomberg report.

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