JOHANNESBURG (miningweekly.com) – South Africa’s platinum major Implats, which has reached an enforced in-principle agreement on indigenising 51% of its Zimplats assets, is unlikely to be compensated by the Zimbabwean government at the market rate, mining analyst Liberum Capital Mining said on Wednesday.
Zimbabwe’s indigenisation regulations, which were gazetted in early 2010, require foreign mining companies to have a 51% Zimbabwean shareholding. Read more here...
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