Zimbabwe sees no radical change for platinum, diamond ownership

Zimbabwe's Minister of Mines Winston Chitando speaks at a mining investment conference in Harare, Zimbabwe. [Photo: Reuters]

LONDON- Zimbabwe does not plan to change its ownership rules for diamonds and platinum, its mining minister said on Monday, denting hopes among some miners the country will open up ownership as it announces mineral frameworks in coming weeks.

Zimbabwe in March changed its empowerment law limiting the rules that mandate majority state ownership to diamond and platinum mines, rather than to the mining sector as a whole.