Zimbabwe May Acquire Russian Helicopters for Platinum Rights

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Russian-mi-24

Russian Mi-24

Zimbabwe may acquire military helicopters from Russia in exchange for access to platinum deposits, and is reportedly in talks with Russia regarding investment and defence.

The Russian business daily newspaper Kommersant said that, “Russian Technologies has already secured preliminary support from Zimbabwe’s official representatives during its visit to the country in April,” according to a source within the Russian presidential administration. The source added that local authorities were interested in the supply of Russia arms, particularly military helicopters.

“The issue being discussed is the transfer to Russian Technologies of the rights to develop the deposit in exchange for the supply of helicopters,” the source said.

A source close to Russian Technologies is said to have confirmed the state corporation’s interest in Zimbabwe’s Darwendale project.

Darwendale has proven platinum reserves of 19 tons and total resources of 755 tons taking into account other metals, such as palladium, gold, nickel, copper and others. Total capital investment in the deposit development from 2011-2055 is estimated at US$2.8 billion.