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N e w s
OCTOBER 23  "ALROSA" expects to gain more than 50% of shares in diamonds deposits projects in Angola
On October 22, the delegation of Russian diamond mining company "ALROSA" left for Angola with the aim to broaden the activity of the company and to add at least three more deposits to the "Katoka" deposit. According to Vladimir Kalitin, the president of "ALROSA", the company needs two or three more mining enterprises for stable work in Angola. "ALROSA intends" to sign constituent documents on "Luo" project (including two diamonds deposits). The documents on diamonds deposits exploration may be signed. Mr. Kalitin mentioned as well that the company would like to achieve the control over 51% of shares of "Luo" company. Source: IA "Finmarket"
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