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Implats rejects Zim delay tactics, amends deal

NewsDay Staff ·

IMPALA Platinum (Implats) is to meet with the Zimbabwean authorities this week to discuss amended proposals for the sale of control in its 87%-owned Zimplats, including funding the transaction.

Report by miningmx.com

The meeting comes amid sensational claims that Implats considered delaying the transaction in the hope that regime change in Zimbabwe’s national elections next year would enable it to reach a different outcome, if not avoid indigenisation completely.

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