September 14, 2011 / 11:04 AM / 7 years ago

Zimbabwe mine ownership law can be waived: minister

HARARE (Reuters) - Zimbabwe’s empowerment minister, who has been leading a drive to force foreign miners to give 51 percent stakes to locals, told a mining conference on Wednesday the law could be waived.

A mine worker looks on underground in Modderfontein east mine, outside Johannesburg, February 3, 2009. REUTERS/Siphiwe Sibeko

“When there are exceptional circumstances, we’ll look at those circumstances in a manner that allows our country to move forward. We are aware of the capital requirements in mining, we are alive to those realities,” Empowerment Minister Saviour Kasukuwere said.

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