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Zimbabwe’s Government Wants Impala to Sell Remaining Mimosa Stake
Feb. 20, 2012 04:14PM PST
Resource Investing News Reuters reported Impala Platinum (JSE:IMP) is concerned about Zimbabwe’s government suggesting it sell its remaining stake in the Mimosa project to Aquarius Platinum (LSE:AQP,ASX:AQP).
Reuters reported Impala Platinum (JSE:IMP) is concerned about Zimbabwe’s government suggesting it sell its remaining stake in the Mimosa project to Aquarius Platinum (LSE:AQP,ASX:AQP).
As quoted in the market news:
Impala also said in a statement it had not received any official notification from the Zimbabwe government directing it to divest from Mimosa, a platinum miner.
Zimbabwe’s empowerment minister, Saviour Kasukuwere, told the state-controlled Sunday Mail it would be “ideal” for Aquarius to purchase Impala’s remaining stake in Mimosa after a required majority stake sale to locals.
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