Rio Tinto Says Zimbabwe Partly Approved Mine Indigenization Plan

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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