Anglo American to invest 400 million dollars in Zimbabwe: report

0 Comments | AFP, June, 2008

LONDON (AFP) — Global mining giant Anglo American is planning to invest 400 million dollars (257 million euros) into a platinum mine in Zimbabwe, The Times reported Wednesday.

The mine at Unki, central Zimbabwe, is set to be operational by 2010, the newspaper said, citing a spokesman for the Anglo-South African company.

"We are developing the Unki platinum project because we have responsibility to our employees, contractors and the local community," the Anglo American spokesman was quoted as saying.

"We are keeping the situation in Zimbabwe under close watch."

A spokesman for the company did not immediately comment on the contents of the report when contacted by AFP, and a British foreign ministry spokesman declined to comment.

Several...