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    market news

    Russia, Zimbabwe Trade Gunships and Platinum

    Investing News Network
    Jun. 28, 2012 10:51AM PST
    Precious Metals

    The Zimbabwean reported Russia is trading gunships for platinum mining rights in the African country.

    The Zimbabwean reported Russia is trading gunships for platinum mining rights in the African country.

    As quoted in the market news:

    Russian State corporation, Russian Technologies may supply military helicopters to Zimbabwe in a swap deal to buy the world’s second largest platinum deposit, Kommersant business daily reported on Wednesday.

    Russia is holding negotiations with Zimbabwe on an inter-governmental agreement on stimulating investment and defense, a source in the presidential administration told the paper.

    Click here to read the full Zimbabwean report.

    market newsrussiaplatinum mining
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