The government has moved a step closer in its bid to compulsorily acquire 28 000 hectares of mining land belonging to mining giant Zimplants in Kadoma, a move which might not be welcomed by foreign investors.
President Robert Mugabe gazetted General Notice 407 of 2016, on Friday, to compulsorily acquire the mining land.
Part of the notice reads:
Notice is hereby given, in terms of section 398 (1) of the Mines and Minerals Act (Chapter 21:05), that the president intends to acquire compulsorily part of the mining location held by Zimbabwe Platinum Mines . . . under special mining lease number 1 of 1994 as it fully appears below, for the utilisation of such mining location for the benefit of the public
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