Saturday, May 19, 2007

Zimbabwe govt to revoke unused mine claims

(Reuters) - Zimbabwe President Robert Mugabe's government has warned miners that they risk losing mining claims undeveloped for lengthy periods of time, state media reported on Saturday.

Mines Minister Amos Midzi told a meeting of the Chamber of Mines that government would implement a "use it or lose it" policy to discourage miners holding onto claims for speculative purposes without developing them, the state-owned Herald newspaper said.


Read more at Reuters Africa

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