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Vol 50 No 5

Published 6th March 2009


Next, the mines

Mining companies, claims and assets offer hope of wealth to the Zimbabwe government's cronies

The barons of the Zimbabwe African National Union-Patriotic Front are jostling for mineral riches as the power-sharing government struggles to make its mark. They are joined by Chinese companies, many of them backed (until very lately, at least) by deep-pocketed, Chinese government or quasi-state institutions. It is a 'Look-East' policy, designed to spite the West and counter sanctions by the European Union, United States, Australia and New Zealand. Whether it will survive China's slump is quite another question.

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