ENRC, China Move Toward Platinum Production in Zimbabwe
Zimbabwe Mining Development Corp., a state-owned company, plans to start metal production with Eurasian Natural Resources Corp. (ENRC) and a Chinese company on concessions taken from Anglo American Platinum Ltd. (AMS) and Impala Platinum Holdings Ltd. (IMP)
A venture with ENRC, controlled by businessmen from Kazakhstan and the government of the former Soviet Union country, is due to start producing platinum in the first quarter of next year. An exploration report from an alliance with the Chinese company, previously identified as Norinco International Cooperation Ltd. is due by year-end.
http://www.bloomberg.com/news/2013-10-22/enrc-china-move-toward-platinum-production-in-zimbabwe.html
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