超级军网津巴布韦关闭外国矿山公司，Chinese Firms Are Exempt
来源：百度文库 编辑：超级军网 时间：2024/04/29 13:33:59
这是不是帝国主义啊。。。o(∩_∩)o 哈哈
Zimbabwe Shuts Out Foreign Miners
Chinese Firms Are Exempt as Government Gives Companies Until Sept. 25 to Sell Majority Stakes to Local Investors .
大意：赞比亚关闭外国挖矿公司，但中国公司被豁免，因为中国公司在做“国家项目”。
果然是中国的老朋友，穆加贝
http://online.wsj.com/article/SB ... l?mod=ITP_pageone_3
By DEVON MAYLIE in London and FARAI MUTSAKA in Harare, Zimbabwe
Zimbabwe has given foreign mining companies until Sept. 25 to sell majority stakes to local investors, the first tangible step in implementing an indigenization law it enacted in 2008.
The law has emerged as a touchstone for a national debate over how to revive a resource-rich but cash-poor economy that has been buffeted by a decade of political turbulence.
Affected firms have until May 9 to submit plans to the government and have until Sept. 25 to finalize the sale of the stakes, according to the published regulations, which say mining companies can sell to only a few designated government entities or set up share-ownership programs for employees.
The regulations affect all foreign-owned firms in the mining sector with a net asset value of $1 or more. Previously, firms with a net asset value of less than $500,000 were exempt.
President Robert Mugabe's government said it would target the mining sector first, and other sector-specific thresholds will follow.
View Full Image
Associated Press
Zimbabwean President Robert Mugabe addressed mourners at the burial of a senior member of his party in Harare on Sunday. Mr. Mugabe has given foreign mining firms until Sept. 25 to sell majority stakes to local shareholders.
"Anglo American, Rio Tinto; you must transform and become Zimbabwean," Mr. Mugabe said Sunday. "If you have companies which would want to work in our mining sector, they are welcome to come and join us, but we must have our people as the major shareholders."
The deadline represents the latest salvo from Mr. Mugabe, who has threatened to target companies from Western countries that have hit him and his allies with sanctions. Mr. Mugabe is also locked in a tenuous "unity government" with his political rival, Morgan Tsvangirai, whose allies have argued for more-flexible local equity targets so as not to scare off much-needed foreign capital.
Mr. Tsvangirai has held up the law in committee meetings, but it now appears that Mr. Mugabe has gained the upper hand.
Where Zimbabwe will get the money to make the deals is a major concern. Last year, the government sought outside investors to help fund its debt-ridden steel company because it didn't have the money itself.
The new deadline is sooner than most companies and analysts expected, causing share prices of some mining companies to tumble Monday.
Chinese companies, including those mining diamonds in Marange, will be exempt from indigenization regulations because they are carrying out "national projects," said Indigenization and Empowerment Minister Savior Kasukuwere. Chinese officials have also publicly argued against imposing sanctions on Mr. Mugabe and his associates.
Indigenization
Some foreign mining firms that could be forced to sell majority stakes in their projects:
Anglo American: Unki platinum mine
Rio Tinto: Murowa diamond mine
Impala Platinum: Ngezi platinum mine, Hartley ore reserves and Selous metallurgical complex
Sable Mining: Lubu coal mine
African Consolidated Resources: developing copper, gold, platinum, nickel and diamond assets
Source: WSJ research
During a visit last week, Vice Premier Wang Qishan pledged nearly $700 million in loans to Zimbabwe for a host of industries, including mining, and asked the government to protect Chinese investments from indigenization.
Mr. Mugabe's government first proposed the indigenization law in 2007, and last year asked companies to begin submitting proposals on how they could move toward meeting indigenization requirements.
Companies operating in Zimbabwe include Anglo American PLC, which is in the process of ramping up its Unki platinum mine, with full production expected by 2013, and Impala Platinum Holdings Ltd., which is expanding its platinum mines there through its majority-owned Zimplats Holdings Ltd.
Impala shares fell 2.8% to 19,200 rand ($2,783) each Monday on the Johannesburg Stock Exchange, while Anglo American shares in London traded slightly lower.
"The fact that companies have to sell to certain parties and within 45 days makes it more onerous than was previously expected," said Tyler Broda, a mining analyst at Canaccord Genuity Ltd.
If the proposal proceeds as written, miners may struggle to get fair value for their 51% stakes. The indigenization minister and the affected companies will jointly calculate the value of the shares to be disposed, taking into account "the state's sovereign ownership" of minerals in the country, according to the regulations.
"You would have wanted it to say fair market value instead of a negotiated value," said Alison Turner, an analyst at Panmure Gordon & Co.
Rio Tinto PLC said it is continuing to engage with authorities in Zimbabwe to "ensure that its local operations comply with government indigenization policy." Shares in Rio Tinto, which owns 77.8% of Zimbabwe's Murowa diamond mine, rose slightly in London Monday.这是不是帝国主义啊。。。o(∩_∩)o 哈哈
Zimbabwe Shuts Out Foreign Miners
Chinese Firms Are Exempt as Government Gives Companies Until Sept. 25 to Sell Majority Stakes to Local Investors .
大意：赞比亚关闭外国挖矿公司，但中国公司被豁免，因为中国公司在做“国家项目”。
果然是中国的老朋友，穆加贝
http://online.wsj.com/article/SB ... l?mod=ITP_pageone_3
By DEVON MAYLIE in London and FARAI MUTSAKA in Harare, Zimbabwe
Zimbabwe has given foreign mining companies until Sept. 25 to sell majority stakes to local investors, the first tangible step in implementing an indigenization law it enacted in 2008.
The law has emerged as a touchstone for a national debate over how to revive a resource-rich but cash-poor economy that has been buffeted by a decade of political turbulence.
Affected firms have until May 9 to submit plans to the government and have until Sept. 25 to finalize the sale of the stakes, according to the published regulations, which say mining companies can sell to only a few designated government entities or set up share-ownership programs for employees.
The regulations affect all foreign-owned firms in the mining sector with a net asset value of $1 or more. Previously, firms with a net asset value of less than $500,000 were exempt.
President Robert Mugabe's government said it would target the mining sector first, and other sector-specific thresholds will follow.
View Full Image
Associated Press
Zimbabwean President Robert Mugabe addressed mourners at the burial of a senior member of his party in Harare on Sunday. Mr. Mugabe has given foreign mining firms until Sept. 25 to sell majority stakes to local shareholders.
"Anglo American, Rio Tinto; you must transform and become Zimbabwean," Mr. Mugabe said Sunday. "If you have companies which would want to work in our mining sector, they are welcome to come and join us, but we must have our people as the major shareholders."
The deadline represents the latest salvo from Mr. Mugabe, who has threatened to target companies from Western countries that have hit him and his allies with sanctions. Mr. Mugabe is also locked in a tenuous "unity government" with his political rival, Morgan Tsvangirai, whose allies have argued for more-flexible local equity targets so as not to scare off much-needed foreign capital.
Mr. Tsvangirai has held up the law in committee meetings, but it now appears that Mr. Mugabe has gained the upper hand.
Where Zimbabwe will get the money to make the deals is a major concern. Last year, the government sought outside investors to help fund its debt-ridden steel company because it didn't have the money itself.
The new deadline is sooner than most companies and analysts expected, causing share prices of some mining companies to tumble Monday.
Chinese companies, including those mining diamonds in Marange, will be exempt from indigenization regulations because they are carrying out "national projects," said Indigenization and Empowerment Minister Savior Kasukuwere. Chinese officials have also publicly argued against imposing sanctions on Mr. Mugabe and his associates.
Indigenization
Some foreign mining firms that could be forced to sell majority stakes in their projects:
Anglo American: Unki platinum mine
Rio Tinto: Murowa diamond mine
Impala Platinum: Ngezi platinum mine, Hartley ore reserves and Selous metallurgical complex
Sable Mining: Lubu coal mine
African Consolidated Resources: developing copper, gold, platinum, nickel and diamond assets
Source: WSJ research
During a visit last week, Vice Premier Wang Qishan pledged nearly $700 million in loans to Zimbabwe for a host of industries, including mining, and asked the government to protect Chinese investments from indigenization.
Mr. Mugabe's government first proposed the indigenization law in 2007, and last year asked companies to begin submitting proposals on how they could move toward meeting indigenization requirements.
Companies operating in Zimbabwe include Anglo American PLC, which is in the process of ramping up its Unki platinum mine, with full production expected by 2013, and Impala Platinum Holdings Ltd., which is expanding its platinum mines there through its majority-owned Zimplats Holdings Ltd.
Impala shares fell 2.8% to 19,200 rand ($2,783) each Monday on the Johannesburg Stock Exchange, while Anglo American shares in London traded slightly lower.
"The fact that companies have to sell to certain parties and within 45 days makes it more onerous than was previously expected," said Tyler Broda, a mining analyst at Canaccord Genuity Ltd.
If the proposal proceeds as written, miners may struggle to get fair value for their 51% stakes. The indigenization minister and the affected companies will jointly calculate the value of the shares to be disposed, taking into account "the state's sovereign ownership" of minerals in the country, according to the regulations.
"You would have wanted it to say fair market value instead of a negotiated value," said Alison Turner, an analyst at Panmure Gordon & Co.
Rio Tinto PLC said it is continuing to engage with authorities in Zimbabwe to "ensure that its local operations comply with government indigenization policy." Shares in Rio Tinto, which owns 77.8% of Zimbabwe's Murowa diamond mine, rose slightly in London Monday.
Zimbabwe Shuts Out Foreign Miners
Chinese Firms Are Exempt as Government Gives Companies Until Sept. 25 to Sell Majority Stakes to Local Investors .
大意：赞比亚关闭外国挖矿公司，但中国公司被豁免，因为中国公司在做“国家项目”。
果然是中国的老朋友，穆加贝
http://online.wsj.com/article/SB ... l?mod=ITP_pageone_3
By DEVON MAYLIE in London and FARAI MUTSAKA in Harare, Zimbabwe
Zimbabwe has given foreign mining companies until Sept. 25 to sell majority stakes to local investors, the first tangible step in implementing an indigenization law it enacted in 2008.
The law has emerged as a touchstone for a national debate over how to revive a resource-rich but cash-poor economy that has been buffeted by a decade of political turbulence.
Affected firms have until May 9 to submit plans to the government and have until Sept. 25 to finalize the sale of the stakes, according to the published regulations, which say mining companies can sell to only a few designated government entities or set up share-ownership programs for employees.
The regulations affect all foreign-owned firms in the mining sector with a net asset value of $1 or more. Previously, firms with a net asset value of less than $500,000 were exempt.
President Robert Mugabe's government said it would target the mining sector first, and other sector-specific thresholds will follow.
View Full Image
Associated Press
Zimbabwean President Robert Mugabe addressed mourners at the burial of a senior member of his party in Harare on Sunday. Mr. Mugabe has given foreign mining firms until Sept. 25 to sell majority stakes to local shareholders.
"Anglo American, Rio Tinto; you must transform and become Zimbabwean," Mr. Mugabe said Sunday. "If you have companies which would want to work in our mining sector, they are welcome to come and join us, but we must have our people as the major shareholders."
The deadline represents the latest salvo from Mr. Mugabe, who has threatened to target companies from Western countries that have hit him and his allies with sanctions. Mr. Mugabe is also locked in a tenuous "unity government" with his political rival, Morgan Tsvangirai, whose allies have argued for more-flexible local equity targets so as not to scare off much-needed foreign capital.
Mr. Tsvangirai has held up the law in committee meetings, but it now appears that Mr. Mugabe has gained the upper hand.
Where Zimbabwe will get the money to make the deals is a major concern. Last year, the government sought outside investors to help fund its debt-ridden steel company because it didn't have the money itself.
The new deadline is sooner than most companies and analysts expected, causing share prices of some mining companies to tumble Monday.
Chinese companies, including those mining diamonds in Marange, will be exempt from indigenization regulations because they are carrying out "national projects," said Indigenization and Empowerment Minister Savior Kasukuwere. Chinese officials have also publicly argued against imposing sanctions on Mr. Mugabe and his associates.
Indigenization
Some foreign mining firms that could be forced to sell majority stakes in their projects:
Anglo American: Unki platinum mine
Rio Tinto: Murowa diamond mine
Impala Platinum: Ngezi platinum mine, Hartley ore reserves and Selous metallurgical complex
Sable Mining: Lubu coal mine
African Consolidated Resources: developing copper, gold, platinum, nickel and diamond assets
Source: WSJ research
During a visit last week, Vice Premier Wang Qishan pledged nearly $700 million in loans to Zimbabwe for a host of industries, including mining, and asked the government to protect Chinese investments from indigenization.
Mr. Mugabe's government first proposed the indigenization law in 2007, and last year asked companies to begin submitting proposals on how they could move toward meeting indigenization requirements.
Companies operating in Zimbabwe include Anglo American PLC, which is in the process of ramping up its Unki platinum mine, with full production expected by 2013, and Impala Platinum Holdings Ltd., which is expanding its platinum mines there through its majority-owned Zimplats Holdings Ltd.
Impala shares fell 2.8% to 19,200 rand ($2,783) each Monday on the Johannesburg Stock Exchange, while Anglo American shares in London traded slightly lower.
"The fact that companies have to sell to certain parties and within 45 days makes it more onerous than was previously expected," said Tyler Broda, a mining analyst at Canaccord Genuity Ltd.
If the proposal proceeds as written, miners may struggle to get fair value for their 51% stakes. The indigenization minister and the affected companies will jointly calculate the value of the shares to be disposed, taking into account "the state's sovereign ownership" of minerals in the country, according to the regulations.
"You would have wanted it to say fair market value instead of a negotiated value," said Alison Turner, an analyst at Panmure Gordon & Co.
Rio Tinto PLC said it is continuing to engage with authorities in Zimbabwe to "ensure that its local operations comply with government indigenization policy." Shares in Rio Tinto, which owns 77.8% of Zimbabwe's Murowa diamond mine, rose slightly in London Monday.这是不是帝国主义啊。。。o(∩_∩)o 哈哈
Zimbabwe Shuts Out Foreign Miners
Chinese Firms Are Exempt as Government Gives Companies Until Sept. 25 to Sell Majority Stakes to Local Investors .
大意：赞比亚关闭外国挖矿公司，但中国公司被豁免，因为中国公司在做“国家项目”。
果然是中国的老朋友，穆加贝
http://online.wsj.com/article/SB ... l?mod=ITP_pageone_3
By DEVON MAYLIE in London and FARAI MUTSAKA in Harare, Zimbabwe
Zimbabwe has given foreign mining companies until Sept. 25 to sell majority stakes to local investors, the first tangible step in implementing an indigenization law it enacted in 2008.
The law has emerged as a touchstone for a national debate over how to revive a resource-rich but cash-poor economy that has been buffeted by a decade of political turbulence.
Affected firms have until May 9 to submit plans to the government and have until Sept. 25 to finalize the sale of the stakes, according to the published regulations, which say mining companies can sell to only a few designated government entities or set up share-ownership programs for employees.
The regulations affect all foreign-owned firms in the mining sector with a net asset value of $1 or more. Previously, firms with a net asset value of less than $500,000 were exempt.
President Robert Mugabe's government said it would target the mining sector first, and other sector-specific thresholds will follow.
View Full Image
Associated Press
Zimbabwean President Robert Mugabe addressed mourners at the burial of a senior member of his party in Harare on Sunday. Mr. Mugabe has given foreign mining firms until Sept. 25 to sell majority stakes to local shareholders.
"Anglo American, Rio Tinto; you must transform and become Zimbabwean," Mr. Mugabe said Sunday. "If you have companies which would want to work in our mining sector, they are welcome to come and join us, but we must have our people as the major shareholders."
The deadline represents the latest salvo from Mr. Mugabe, who has threatened to target companies from Western countries that have hit him and his allies with sanctions. Mr. Mugabe is also locked in a tenuous "unity government" with his political rival, Morgan Tsvangirai, whose allies have argued for more-flexible local equity targets so as not to scare off much-needed foreign capital.
Mr. Tsvangirai has held up the law in committee meetings, but it now appears that Mr. Mugabe has gained the upper hand.
Where Zimbabwe will get the money to make the deals is a major concern. Last year, the government sought outside investors to help fund its debt-ridden steel company because it didn't have the money itself.
The new deadline is sooner than most companies and analysts expected, causing share prices of some mining companies to tumble Monday.
Chinese companies, including those mining diamonds in Marange, will be exempt from indigenization regulations because they are carrying out "national projects," said Indigenization and Empowerment Minister Savior Kasukuwere. Chinese officials have also publicly argued against imposing sanctions on Mr. Mugabe and his associates.
Indigenization
Some foreign mining firms that could be forced to sell majority stakes in their projects:
Anglo American: Unki platinum mine
Rio Tinto: Murowa diamond mine
Impala Platinum: Ngezi platinum mine, Hartley ore reserves and Selous metallurgical complex
Sable Mining: Lubu coal mine
African Consolidated Resources: developing copper, gold, platinum, nickel and diamond assets
Source: WSJ research
During a visit last week, Vice Premier Wang Qishan pledged nearly $700 million in loans to Zimbabwe for a host of industries, including mining, and asked the government to protect Chinese investments from indigenization.
Mr. Mugabe's government first proposed the indigenization law in 2007, and last year asked companies to begin submitting proposals on how they could move toward meeting indigenization requirements.
Companies operating in Zimbabwe include Anglo American PLC, which is in the process of ramping up its Unki platinum mine, with full production expected by 2013, and Impala Platinum Holdings Ltd., which is expanding its platinum mines there through its majority-owned Zimplats Holdings Ltd.
Impala shares fell 2.8% to 19,200 rand ($2,783) each Monday on the Johannesburg Stock Exchange, while Anglo American shares in London traded slightly lower.
"The fact that companies have to sell to certain parties and within 45 days makes it more onerous than was previously expected," said Tyler Broda, a mining analyst at Canaccord Genuity Ltd.
If the proposal proceeds as written, miners may struggle to get fair value for their 51% stakes. The indigenization minister and the affected companies will jointly calculate the value of the shares to be disposed, taking into account "the state's sovereign ownership" of minerals in the country, according to the regulations.
"You would have wanted it to say fair market value instead of a negotiated value," said Alison Turner, an analyst at Panmure Gordon & Co.
Rio Tinto PLC said it is continuing to engage with authorities in Zimbabwe to "ensure that its local operations comply with government indigenization policy." Shares in Rio Tinto, which owns 77.8% of Zimbabwe's Murowa diamond mine, rose slightly in London Monday.
是津巴布韦。。。 During a visit last week, Vice Premier Wang Qishan pledged nearly $700 million in loans to Zimbabwe for a host of industries, including mining, and asked the government to protect Chinese investments from indigenization.
在上周的访问期间，中国国务院副总理王岐山承诺为津巴布韦工业行业，包括采矿等提供美元贷款7亿元，并要求当地政府保护中国的投资，避免国有化。
^_^也有今天
以前花的钱不是白花的
最近不是在津巴布韦免费做白内障手术么？感情投资
回复 4# glwe
是的。。。
撒哈拉以南非洲是TG的市场
别的TG暂时尊重现实
是的。。。
撒哈拉以南非洲是TG的市场
别的TG暂时尊重现实