India slows down mining collaborations in Zimbabwe

KOLKATA — India would seek greater clarity on reported changes in the Zimbabwean National Mineral Policy before kick-starting initiatives discussed during the visit of a high-level Indian delegation to the African nation, last month.

Report by Miningweekly.com

According to an official in the Indian Steel ministry who was part of the delegation to Zimbabwe, reports available in India indicated that the Zimbabwean government was working on a draft national mineral policy which proposed auctioning off mineral assets and making it mandatory for mine output to be sold through government-owned entities.

This story is for NewsDay subscribers.