Zimbabwe’s Zimplats leases mining land to government, ending dispute

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HARARE (Reuters) – Impala Platinum’s Zimbabwean subsidiary said on Wednesday that it had agreed to lease nearly half of its mining land to the government and that in turn it had received two mining leases valid for the life of its operations.

A worker drives a vehicle at Zimplats’ Ngwarati Mine in Mhondoro-Ngezi May 30, 2014. REUTERS/Philimon Bulawayo

The southern African nation had since 2013, under former president Robert Mugabe, unsuccessfully tried to seize the land from Zimplats, the country’s biggest platinum miner.

Reporting by MacDonald Dzirutwe; Editing by Alexander Winning

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