Russia Sells Shares in Angolan Diamond Mines due to sanctions

A government official in Angola announced that Russian stakes in the country’s two major diamond mines have been sold to an Oman-backed fund as a result of international sanctions. Russia’s diamond giant Alrosa was until now co-owner of Angola’s Catcoa mine, the world’s fourth largest, and Luele mine in partnership with the South African country’s … Continue reading Russia Sells Shares in Angolan Diamond Mines due to sanctions