UK: FACTBOX-FOREIGN MINE AND METAL ASSETS IN ZIMBABWE.
15 Jun 2000 14:38GMT
LONDON, June 15 (Reuters) - Zimbabwe's President Robert Mugabe indicated that his government might consider taking control of the assets of foreign mining firms operating in the country.
Following are details of overseas companies with interests in Zimbabwe's mining-metal industry.
Anglo American Plc -
Majority stake in Bindura Nickel, which owns Bindura nickel-copper mine, smelter and refinery. In 1999 produced 9,600 tonnes of nickel-in-concentrate, 4,400 tonnes of copper-in-sulphide, 12,800 tonnes of nickel cathode.
40 percent stake in Sanyati SX-EW copper plant, producing around 1,120 tonnes per year of cathode.
Amzim Gold - no details available.
Majority owns Zimbabwe Alloys - producing chrome alloys.
Anglo currently exploring for platinum in Zimbabwe.
Ashanti Goldfields -
Owns Freda Rebecca mine, which produced 109,000 ounces of gold in 1999.
Delta Gold -
51 percent in Zimplats, which owns Hartley copper-nickel-platinum operations. BHP agreed to sell its 67 percent stake in Hartley to Zimplats in June 1999. Currently closed. Capacity to produce around 2,300 tonnes per year of copper cathode and 4,000 tonnes per year of nickel and about 150,000 ounces of platinum.
Lonmin Plc -
Mined around 193,000 ounces of gold in 1999.
Rio Tinto Plc -
56 percent stake in Empress Nickel - capacity to produce around 9,000 tonnes per year of refined nickel and copper. 56 percent interest in gold producers Renco and Patchway.
Rio currently exploring for diamonds in Zimbabwe.
(C) Reuters Limited 2000.
|
