Platinum – Bloomberg reported that Zimbabwe's ruling party, the Zimbabwe African National Union-Patriotic Front (ZANU-PF), has spoken out against Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY) and Aquarius Platinum Ltd.'s (ASX:AQP,LSE:AQP) plan to cut 100 jobs at their Mimosa operation. The planned cuts are the result of low prices.
Articles Tagged "ZANU PF"
Platinum – Zimbabwe is planning to repossess Zimplats' land and distribute it to new investors.
Diamond – Zimbabwe police have been called upon to investigate claims that officials solicited funds from mining companies under false pretenses.
Diamond – Reuters reported that Zimbabwe President Robert Mugabe has called for the investigation of 5 provincial leaders who were accused of swindling two diamond mining companies of $750,000.
Diamond – AllAfrica.com reported proposed changes to the the Kimberley Process are under fire from ZANU PF ahead of a key session of the KP's future in November.