JOHANNESBURG Feb 24 (Reuters) – Impala Platinum
, the world’s second largest platinum producer, said on
Friday the Zimbabwean government had rejected part of an
“empowerment” plan submitted by its unit Zimplats.
A heavily criticised law mandates that all foreign miners
sell a 51 percent stake to local Zimbabweans. Implats said the
government had rejected a proposal that credits be given for
mining claims Zimplats had ceded in a 2006 deal with the
Zimbabwean government.
Separately, Zimbabwe has also rejected a local ownership
plan submitted by Mimosa Holdings, a 50-50 joint venture between
Aquarius Platinum and Implats, the two miners
said earlier on Friday, fuelling uncertainty about the future of
the venture.
(Reporting by Ed Stoddard; Editing by Jon Herskovitz)
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