Implats concerned about statement by Zim minister

Impala Platinum (Implats, IMP) said on Monday it noted with concern the statements made by the Zimbabwean Minister of Youth Development, Indigenisation and Empowerment, Saviour Kasukuwere, to the media on Sunday, 19 February 2012 with regard to Implats' stake in Mimosa Platinum (Pvt) Limited .

Kasukuwere reportedly said that in order to facilitate indigenisation, Implats should dispose of its interest in Mimosa and leave Aquarius Platinum Limited as the shareholder of reference for funding and technical support.

Implats said that to date, the company had not received any official notification in this regard from the Government of Zimbabwe.

 

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