JOHANNESBURG (miningweekly.com) – Platinum miners Impala Platinum (Implats) and Aquarius Platinum said on Friday that Zimbabwe had rejected a portion of the indigenisation plan for the Mimosa mine, which they jointly own.
Implats said it would negotiate with Youth Development, Indigenisation and Empowerment Minister Saviour Kasukuwere to reach a mutually acceptable solution. However, the Johannesburg-based miner expressed concern that enforcement mechanisms would be activated should no agreement be made to transfer the required shareholding to a National Indigenisation and Economic Empowerment Fund within 30 days. Read more here...
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