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Russia plans selling 10.9 pct in diamond miner

by

MOSCOW Mar 01, 2016 - 12:00 am GMT+3
by Mar 01, 2016 12:00 am
Russia's government is discussing the sale of a 10.9 percent stake in the country's diamond miner Alrosa, Interfax news agency Monday quoted Russian Finance Minister Anton Siluanov as saying.

After the sale of the 10.9 percent stake, Russia's government and the Yakutia Republic, where Alrosa's main deposits of diamonds are located, would each retain 33 percent stakes in Alrosa, the agency quoted Siluanov as saying.
About the author
Research Associate at Center for Islam and Global Affairs (CIGA) at Istanbul Sabahattin Zaim University
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