Company Announcement: Proposed compulsory acquisition of Zimplats mining claims
This article has been supplied as a media statement and is not written by Creamer Media. It may be available only for a limited time on this website.
Implats wishes to advise shareholders that the Government of Zimbabwe has, through a Government Gazette Extraordinary dated 1 March 2013, indicated that it intends to compulsorily acquire 27 948 hectares or approximately 50% of mining claims owned by the operating subsidiary of the Group, Zimbabwe Platinum Mines (Private) Limited, and that such claims would be used “for the benefit of the public”. Zimplats has 30 days from the publication of the Gazette Extraordinary to lodge a written objection with the acquiring authority. Implats and Zimplats are taking legal advice in order to protect their rights and, in addition, remain in consultation with the relevant Government authorities. Shareholders will be kept informed of any material developments.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation