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Zimbabwe

Zimbabwe 5/23/2012

12:17 : Zimbabwe Platinum Mine To Resume Operations Week After Fire - Platinum miner Aquarius Platinum Ltd. (AQP.LN) said Wednesday work at its Zimbabwe Mimosa mine will resume Monday May 28 less than a week after a fire there trapped workers underground for some hours.
Source : foxbusiness-com

Zimbabwe 5/22/2012

12:33 : Aquarius Platinum, Impala Zimbabwe Mine Halted After Fire - Platinum miner Aquarius Platinum Ltd. (AQP.LN) said Tuesday that work at its Zimbabwe Mimosa mine has stopped following a fire underground that led to dozens of workers being trapped for many hours.
Source : foxbusiness-com
07:28 : Aquarius Platinum, Impala Zimbabwe Mine Fire Damage Unknown - Platinum miners Aquarius Platinum Ltd. (AQP.LN) and Impala Platinum (IMP.JO) said Tuesday a fire overnight at the jointly owned Mimosa operation in Zimbabwe has been contained.
Source : foxbusiness-com

Zimbabwe 5/19/2012

15:33 : Mugabe Seeks Zimbabwe Edge by Pressing for Black Ownership - President Robert G. Mugabe has begun pressuring companies operating in the country to comply with a law requiring that black Zimbabweans own more than half their shares.
Source : iht-com

Zimbabwe 4/25/2012

07:12 : Using U.S. Dollars, Zimbabwe Finds a Problem: No Change - Faced with high shipping costs, Zimbabwe hardly has any coins, making it a headache for millions of people to try to get every transaction to add up to a whole dollar.
Source : iht-com

Zimbabwe 4/8/2012

05:55 : Zimbabwe happy with Amplats ownership plan: Minister - HARARE (Reuters) - Zimbabwe is happy with a plan proposed by Anglo American Platinum , the world's top producer of the precious metal, to sell a 51 percent shareholding in its Unki project to locals...
Source : reuters-com

Zimbabwe 4/5/2012

11:33 : Zimbabwe to take over foreign mines: official - CHICAGO (MarketWatch) -- A Zimbabwean cabinet minister said Thursday that the government has taken over majority ownership of foreign-owned mines in the country, the Associated Press reports. Saviour Kasukuwere, the minister of black empowerment, said ...
Source : marketwatch-com

Zimbabwe 3/25/2012

21:40 : Hanging On to Dollars in Zimbabwe - Distrust of the government's handling of money matters has turned Zimbabwe into a nation of hoarders. The grubby graying American dollars on Zimbabwe's streets—including bountiful supplies of $2 bills—attest to a robust cash economy that ...
Source : wsj-com

Zimbabwe 3/13/2012

12:29 : Zimplats: Zimbabwe Government Accepts New Indigenization Plan - JOHANNESBURG -(Dow Jones)- South Africa's Impala Platinum Holdings Ltd. (IMP.JO) said Tuesday that the Zimbabwe government has accepted in principle its new indigenization plan, and a group of representatives from the miner and the indigenization ...
Source : foxbusiness-com

Zimbabwe 3/9/2012

04:42 : Zimbabwe - last to leave, Never Mind Turning Off the Lights - They're ... - In the 32 years of his benighted rule, Zimbabwe's President Robert Gabriel Mugabe has done more damage to the country than its white-led minority government ever did. With the exception of the smuggling of "blood diamonds" the country's economy, once ...
Source : fxstreet-com

Zimbabwe 3/8/2012

03:40 : Impala Platinum Board To Meet Friday Over Zimbabwe Mine - South Africa's Impala Platinum Holdings Ltd.'s (IMP.JO) board meets Friday to discuss its Zimbabwe mine as a deadline looms to resubmit plans for satisfying the country's indigenization law, the miner said Thursday.
Source : foxbusiness-com

Zimbabwe 2/27/2012

04:04 : Zimplats: Zimbabwe Rejects Portion Of Indigenization Plan - Impala Platinum Holdings Ltd.'s (IMP.JO) Zimbabwean unit, Zimplats Holdings Ltd. (ZIM.AU), said Monday it been given 14 days to make progress in transferring a shareholding to a national fund in order to meet the southern African country's indigenization ...
Source : foxbusiness-com

Zimbabwe 2/24/2012

12:07 : Zimbabwe Threatens Indigenization Action Against Aquarius - Aquarius Platinum Ltd. (AQP.LN) said Friday that the Zimbabwe government has rejected its plan to meet the country's indigenization law and threatened unspecified enforcement action, an escalation in government comment over the issue.
Source : foxbusiness-com
10:56 : Impala Platinum: Zimbabwe Has Rejected Portion Of Indigenisation Plan - Impala Platinum Holdings Limited (IMP.JO) Friday said the Zimbabwean Minister of Youth Development, Indigenisation and Empowerment rejected a portion of the Indigenisation Implementation Plan, or IIP, relating to the empowerment credits for the Release ...
Source : foxbusiness-com
03:37 : Zimbabwe Rejects Aquarius Indigenization Plan, Threatens Action - Aquarius Platinum Ltd. (AQP.LN) said Friday that Zimbabwe's indigenization minister rejected its plan this week to meet the country's law requiring foreign miners to sell 51% of assets to government designated entities.
Source : foxbusiness-com

Zimbabwe 2/20/2012

08:48 : Impala Platinum Hasn't Received Order To Sell Mimosa Stake - Impala Platinum Holdings Ltd. (IMP.JO), a South African mining firm, said Monday it hasn't received any official notification to sell its stake in Mimosa Platinum (Pvt) Ltd. from the Government of Zimbabwe.
Source : foxbusiness-com

Zimbabwe 2/16/2012

06:48 : Implats Zimbabwe Expansion On Schedule, Further Growth On Hold - The second expansion phase for Impala Platinum Holdings Ltd.'s (IMP.JO) Zimbabwe platinum group metals operation is on schedule, but the investment climate for the third phase isn't "optimal", the company said ...
Source : foxbusiness-com

Zimbabwe 2/15/2012

21:24 : Posco: Signed Pact To Buy A Stake In Zimbabwe Ferrochrome Firm - South Korean steelmaker Posco (005490.SE) said Thursday that it has signed an initial agreement to acquire a stake in Maranatha, a Zimbabwean ferrochrome-processing company, from Switzerland's Gurta and Zimbabwe's Anchor Holdings in a bid to cut the ...
Source : foxbusiness-com

Zimbabwe 1/26/2012

16:10 : Conquest Sells Zimbabwe Gold Properties - TORONTO, ONTARIO--(Marketwire - Jan. 26, 2012) - Conquest Resources Limited (TSX VENTURE:CQR) announces the sale today of its indirectly-held gold properties and assets in Zimbabwe to Mayfair Mining & Minerals, Inc. ("Mayfair"), ...
Source : marketwire-com

Zimbabwe 1/6/2012

01:42 : Diamond Crackdown in Mozambique Leaves Smugglers Behind - Ever since President Robert Mugabe of Zimbabwe began to control the diamond mines on the Mozambique border, the nearby towns have become shadows of what they once were.
Source : iht-com

Zimbabwe 12/16/2011

23:46 : Experts Say Zimbabwe Diamonds Help Mugabe#x2019;s Political Machine - Tens of millions of dollars in diamond profits are said to be bypassing the treasury of Zimbabwe and ending up with President Robert Mugabe and his supporters.
Source : iht-com

Zimbabwe 12/5/2011

03:41 : Zimbabwe Wants Foreign-Owned Mining Companies Listed on ZSE - The federal government of Zimbabwe, in a bid to improve the country's fiscal liquidity situation, demanded that foreign-owned mining firms should have their primary listings in the Zimbabwe Stock Exchange (ZSE).
Source : ibtimes-com

Zimbabwe 11/23/2011

14:03 : Amplats gives locals stake in Zimbabwe mine: radio - Anglo American Platinum, the world's top miner of the precious metal, will hand over a 10 percent stake in its Unki project in Zimbabwe to locals, the first step towards an empowerment law, state radio said on Wednesday.
Source : ibtimes-com

Zimbabwe 11/11/2011

09:21 : Insight - Africa to miss Gaddafi's money, not his meddling - Muammar Gaddafi plucked some fluff from his flowing golden robes, poured himself another steaming cup of tea and continued with his lecture, not seeming to notice the wide yawns around him. It was 2 a.m. Robert Mugabe of Zimbabwe was dozing ...
Source : ibtimes-com
09:19 : Insight: Africa to miss Gaddafi's money, not his meddling - Muammar Gaddafi plucked some fluff from his flowing golden robes, poured himself another steaming cup of tea and continued with his lecture, not seeming to notice the wide yawns around him. It was 2 a.m. Robert Mugabe of Zimbabwe was dozing ...
Source : ibtimes-com

Zimbabwe 11/9/2011

12:37 : SABMiller's Zimbabwe unit H1 earnings up 46 pct - SABMiller's Zimbabwe unit registered a 46 percent increase in earnings in the half-year to September, driven by strong beverage sales growth as the country's economy continues to recover.
Source : ibtimes-com
03:27 : Industry says Africa fastest growing mobile market - JOHANNESBURG (AP) -- Sure, 24-year-old Gertrude Kitongo cherishes a cell phone as a link to family and friends, from her grandmother in a Ugandan village to former schoolmates in Zimbabwe....
Source : usnews-com

Zimbabwe 10/31/2011

14:12 : Zimplats Q1 output down, eyes local ownership plan - Impala Platinum's Zimbabwe unit said on Monday metal production fell 13 percent during the July-September quarter after a maintenance shutdown at its furnace, but the company was on track to submit a revised local ownership plan in November.
Source : ibtimes-com

Zimbabwe 10/13/2011

13:46 : Locals to get 10 pct of Zimbabwe unit:Implats - Impala Platinum said on Thursday it has agreed to turn over a 10 percent stake in its Zimbabwe units to locals after facing pressure from the government to give up equity or lose out in the state with the world's second largest platinum ...
Source : ibtimes-com

Zimbabwe 10/5/2011

13:42 : Zimbabwe GDP seen slowing in 2012: finance minister - Zimbabwe's economy will grow at a slower pace in 2012 than this year as politics puts a drag on full recovery and inflation should stay in single figures, partly due to prudent fiscal policy, Finance Minister Tendai Biti said on Wednesday.
Source : ibtimes-com
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