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Anglo American Will Sell 51% to Black Zimbabweans
Apr. 09, 2012 03:07PM PST
Precious Metals InvestingBloomberg reported Anglo American (LSE:AAL,JSE:AMS) will sell 51 percent of its Zimbabwean operation to black Zimbabweans or a government fund for black businessmen.
Bloomberg reported Anglo American (LSE:AAL,JSE:AMS) will sell 51 percent of its Zimbabwean operation to black Zimbabweans or a government fund for black businessmen.
As quoted in the market news:
Anglo American Platinum, the world’s biggest miner of the precious metal, submitted an indigenization plan to the Zimbabwe government that was acceptable, Kasukuwere was quoted as saying in the Harare-based newspaper.