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Rio Tinto Says Zimbabwe Partly Approved Mine Indigenization Plan
Sep. 01, 2011 09:16AM PST
Gem InvestingBloomberg reports Rio Tinto Group (LON:RIO,PINK:RTPPF) has partial approval from the Zimbabwean government to increase black citizens ownership of a diamond mine.
Bloomberg reports Rio Tinto Group (LSE:RIO,PINK:RTPPF) has partial approval from the Zimbabwean government to increase black citizens ownership of a diamond mine.
The market news is quoted as saying,
The company continues to constructively engage with government on other elements with a view to finalizing its full indigenization plan with the aim of ensuring a successful and sustainable transaction.
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