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Amplats to Submit Zimbabwe Black Ownership Plan, Herald Says

March 30 (Bloomberg) -- Anglo American Platinum Ltd. will this week submit plans to Zimbabwe’s government outlining how it will cede control of the Unki mine to black citizens, the state-controlled Herald said, citing Indigenization Minister Saviour Kasukuwere.

Under the country’s law, foreign-owned miners must sell or cede 51 percent of their shares to black Zimbabweans or a government-owned fund.

To contact the reporter on this story: Brian Latham in Johannesburg at blatham@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net

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