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Zimbabwe

Anglo, MDC talk about Zim mines

2008-08-14 18:01

Special Report

Bennett's trial adjourned
Bennett's trial adjourned

Zimbabwe's high court has adjourned the terrorism trial of Roy Bennett in a case that has rocked Harare's fragile unity government.

Mugabe's view on sanctions
Mugabe's view on sanctions

Zimbabwean President Robert Mugabe says he doesn't expect the US sanctions on his country to be lifted soon.

Johannesburg - Anglo American has held secret talks with Zimbabwe's Movement for Democratic Change (MDC) about getting lucrative platinum mining concessions should the opposition gain power, the Financial Times said.

The FT quoted in its European edition two senior MDC figures on Thursday as saying it held talks with Anglo American about possibly granting mining rights to the company's platinum unit Anglo Platinum.

President Thabo Mbeki is trying to broker a power-sharing deal between President Robert Mugabe and MDC leader Morgan Tsvangirai after widely-condemned polls this year plunged the country further into political and economic crisis.

The FT said the MDC planned to review mining in the country, which has the world's second biggest platinum reserves after South Africa, should it win power.

Neither Anglo American nor MDC officials could immediately be reached for comment on the article.

A deal that wrests at least some power from Mugabe and promotes political and economic stability could spur investment in Zimbabwe, which was once one of Africa's most prosperous countries but now faces spiralling inflation and biting poverty.

Impala Platinum's Zimplats is the biggest platinum miner in Zimbabwe.

Angloplat owns the Unki project and said last month it aimed to start output there in about two years despite criticism by British politicians and investors about investing in Zimbabwe while Mugabe retains power.

- Reuters

- Reuters

inside news24

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