(By Zimbabwe Innovation and Legal Tech Association) Environmental, Social, and Governance (ESG) factors are becoming increasingly important to the mining industry. Investors, consumers, and governments are all demanding that mining companies operate in a more sustainable and responsible manner. There are a number …
Here are ten things the Mnangagwa administration has done right in Zimbabwe mining and outstanding issues that need urgent reforms: 1) Mining Law Reforms. The government introduced comprehensive reforms in Zimbabwe's mining laws to attract foreign investors and enhance transparency.
With the creation of employment opportunities, increased investments, and a targeted plan to become a US$12 billion export industry by 2023, Zimbabwe's mining …
The Minerals Marketing Corporation of Zimbabwe (MMCZ) is actively seeking an investor to venture into phosphate mining and subsequently fertilizer production, MMCZ Acting General Manager Dr. Nomsa Moyo has said.. By Rudairo Mapuranga. Despite conveying the importance of this endeavour to the Ministry of Mines …
Mining Zimbabwe is a reliable source of unfiltered Zimbabwe Mining News. Learn about Mining in Zimbabwe, Policy, Monthly magazine, mining events, gold, lithium
Increased interest in Zimbabwe's lithium has attracted an influx of prospective lithium mining investors, especially from China. To date there are more …
Zimbabwe's mining profile differs from many other countries in Africa, such as South Africa, the Democratic Republic of the Congo (DRC), and Ghana, that tend to rely on a much smaller range of minerals and fewer large-scale mines (Weng et al. 2018; Kaseke et al. 2015). As indicated, Chinese mining conglomerates have been venturing into the …
The Industry's only Investor Database available to mining companies and investor relations professionals which complements your capital raising initiatives, saving you valuable time and money. Our Mining Investor Database covers Private Investors, Corporations, Pension Funds, Hedge Funds, Asset managers, Family Offices, …
Increased interest in Zimbabwe's lithium has attracted an influx of prospective lithium mining investors, especially from China. To date there are more than seven lithium exploration and mining projects at different development stages, with Chinese companies leading the race.
Investing in Zimbabwe's mining sector needs a long term approach. Evergreen minerals such as Gold, Nickel, Diamond and Platinum will continue to play …
According to the Chamber of Mines, mining costs are expected to come in 15% higher in 2023 with constraints coming from power supply deficits and foreign …
The annual event hosts thousands of investors, industry captains and key government officials responsible for making the highest decisions in the mining Industry. ... To further the message Mining Zimbabwe will be distributing its February 2024 edition at the event brimming with investment centred articles and a focus on the investment …
The platform is developed to connect mining claim holders in Zimbabwe with both local and international investors. It facilitates partnerships for technical assistance, tributary partnership, joint venture partnership, debt funding, or finding a buyer for mining claims.
At 23%, the construction sector was second, with the mining sector third at 18%. Investors from China accounted for 77% of all investment licenses approved during the quarter," said Chinamo. Trending. Upgrade of mining cadastre system takes stage. ... Four investors from Zimbabwe were licensed with a projected investment of US$74.96 …
Chinese investors have expressed keen interest in Zimbabwe's mining and manufacturing sectors. "The agency has issued a total of 932 new… Search for: 46130
Key institutions for mining investors include the Ministry of Mines and Mining Development, Zimbabwe Investment and Development Agency (ZIDA), Zimbabwe …
Zimbabwe's government approved a proposal by a group of Chinese investors to establish a $2.83 billion battery-metals park that will process metals including lithium, platinum and nickel, its ...
Despite the scrapping of Zimbabwe's indigenisation equity thresholds on diamonds and platinum, investors remain sceptical as the policy is yet to be regularised into the law, the Chamber of Mines has said. President Mnangagwa's administration is stepping up efforts to exploit the country's mineral resources to help revive the economy …
Until then, only fly-by-night investors with high-risk thresholds will be willing to operate in its mining sector. But with such investors, Zimbabwe's diamond mining will continue to yield ...
Procedures and criteria of obtaining Mining Claims in Zimbabwe. Introduction. 1.1 Foreign Investors are allowed to own shareholding for mining operations in all minerals except for platinum and diamonds which the foreign investor is expected to jointly own with Government on a 51%/49% basis.
The country's mining sector has recorded a cumulative total of US$20, 2 billion in export earnings in the past five years spurred by the improved investment climate ushered in by the Second ...
HARARE, Zimbabwe (AP) — A Chinese mining company formally opened a $300 million lithium processing plant Wednesday in Zimbabwe, ... Zimbabwe has the largest lithium reserves in Africa and has in recent years drawn investors in battery minerals from Canada, the United Kingdom and Australia, although China is the …
Growth for the sector has leapt from 5.9% in 2021 to an estimated 10% in 2022. The productive capacity utilised on pre-existing infrastructure in the mining sector in 2022 remained relatively flat y/y at 81%, as per the Chamber of Mines. Local gold production increased 19% to 35.2tn in 2022, from the 29.6tn recorded in 2021 signaling …
ZIDA can assist local and foreign investors to conceptualise, start and grow their investments in the country by providing information, site visits, and administrative support throughout the investment lifecycle. ... Zida moves to address investor concerns. THE Zimbabwe Investment and Development Agency (Zida) is working round the clock to ...
THE Zimbabwe Investment and Development Agency (Zida) has issued 932 licences to various investors across the globe since its inception in 2020, with the majority of them coming from China, NewsDay Business can report. Chinese investors have expressed keen interest in Zimbabwe's mining and manufacturing sectors.
How secure are mining rights conferred by a certificate of registration of claims, mining lease, special mining lease and special grants against expropriation for public purposes Zimbabwe? This interrogation cannot be made without referring to the most notorious provision in the Mines and Minerals Act, that is, section 398 of the Act.
A good place to consider investing in lithium mining is Zimbabwe but note there is a ban. ... When setting up an initial investment in Zimbabwe's lithium space, some of the key pieces of legislation a foreign investor may consider include: Zimbabwe Investment and Development Agency Act (Chapter 14:37) – enacted to, amongst other …
Caledonia, backed by investors including Cape Town-based fund manager Allan Gray, is one of a number of mining investors that are searching for new opportunities in Zimbabwe even as the economy ...
Zimbabwe boasts the world's second-largest chrome reserves, behind South Africa, and most of this mining occurs along the Great Dyke, a 550-kilometer (342-mile) stretch that runs the length of Zimbabwe. Chrome, a blackish mineral, is used to produce stainless steel.
Gold mining remains the "crown jewel" of Kuvimba's business, but the firm also plans to revive the construction of the Darwendale platinum project, after Russian investors exited in 2022 ...
