For Zimbabwe to attain its complete capability, good enough capital funding and rigorous research are vital in the mining sector. This article explores the important roles that …
04| AUG 2021 >> CONTENT Mining Zimbabwe Magazine |August, 2021 05 MANGUDYA: The "Golden Knight" in shining armour 08 Arcadia confirms Rare Earths presence 16 Strides made towards achieving US$12 billion mining industry by 2023 22 Kadoma mines office should be fully Advertising: resourced 27 Mines and Minerals Bill affected by …
Mining holds one of the pivotal roles within Zimbabwe's economy. The mining sector contributed approximately 11 % to the national GDP and accounted for over 60 % of export earnings by 2022 (MoF, 2022). In 2022, Zimbabwe's total mining revenues reached a historically high level of $5.4 billion and continue to grow in 2023 (Razao, 2023).
The Zimbabwe Stock Exchange (ZSE) is the backbone of Zimbabwe's capital market with a history dating back as far as 1896. It is one of the oldest and highly diversified exchanges in Africa given listings spanning across all key sectors of the economy.
Amid rising investments in Zimbabwe's critical minerals value chain, Deputy Minister of Mines and Mining Development of Zimbabwe Polite Kambamura will participate in the Ministerial Forum as part of the upcoming Critical Minerals Africa (CMA) Summit in Cape Town. Minister Kambamura is expected to highlight the vital role of policy, infrastructure development …
The problem of taxation law enforcement is severe, mining companies owe significant debt to district councils across Zimbabwe for minerals such as gold in Kadoma, diamonds in Mutare and black ...
A COUPLE of weeks back, Zimbabwe Chamber of Mines published its state of the mining industry survey report looking at issues faced by the industry and prospects for 2022. To ensure objectivity, the Chamber states that its involvement was restricted to sponsoring and facilitating access to information to its members who form a greater part
Mineral deposits of Zimbabwe are amongst the best documented in the region, and a search through the available literature always forms the first stage in exploration of any mineral. …
The distribution of mining revenue in Zimbabwe has attracted a lot of attention especially with the discovery of diamonds. The mining sector itself plays a very important role in the development of any country. In Zimbabwe it has become one of the fastest growing sectors of the economy since 2009. The overall objective of this paper is
The Mining Sector is a key player in the country's economic development. The sector contributes more than 60% of Zimbabwe's export receipts, attracts more than 50% of foreign direct investment (FDI), contributes about 13% to …
Zimbabwe has been pursuing a comprehensive amendment to its existing mineral law, 1963 Mines and Minerals Act, in the form of the Mines and Minerals Amendment Bill (the "MMAB"). In addition, last year Zimbabwe's Ministry of Mines and Development circulated a draft of a Mineral Development Policy (the "Policy").
Zimbabwe among other African countries has its economic mainstay in agriculture and mining. The existence of mines has created a mining community of citizens living on mine property and around the mine areas. Edmond Mkaratigwa (MBA in Energy and Sustainability and Chairperson of the Parliamentary Portfolio Committee on Mines and Mining Development) …
To whit: the depression of the global capitalist system in the late 1970s created a whiplash effect in Zimbabwe's industries that in turn created a sense of urgency felt not only in mining but also …
Zimbabwe is endowed with abundant mineral resources • We need to resuscitate existing mines on care and maintenance to pre-1998 levels • We need to invest in exploration and new mining …
Introduction. Until a few years ago, very few Zimbabweans knew about lithium and its use in the global automotive industry. It was only after newspaper reports of a Chinese mining company having paid nearly half a billion United States dollars to acquire a lithium mine (Reuters, 22 December 2022) that the so-called 'lithium fever' started to grip the country.
This has sparked investor interest with many curious about how they can venture into mining in Zimbabwe. We spoke to Zimbabwe's Minister of Mines and Mining Development Honourable Winston Chitando (WC) on a variety of investment-related topics in the Zimbabwe mining sector and this is how our interaction went.
Standard The following article was first published on 4 October 1981 under the title "Capitalism Stands in the Way of Social Advance" in the "Talking Point" column of the Sunday Mail of Salisbury, Zimbabwe, where the Prime Minister Mugabe has just announced that his Party will rule for ever. Ian Smith was more modest; he merely spoke of ruling for a thousand years.
Impacts of Mining on Sustainable Development in Zimbabwe Sustainable development dates back to 1987 when the Brundtland Commission Report was published (WCED, 1991). SD refers to a form of development, which seeks to …
Zimbabwe is clearly in need of foreign currency and the mining industry should be well positioned to provide the same but investors and sponsors need comfort that, after settlement of local liabilities, any foreign currency …
This act forms the cornerstone of mining legislation in Zimbabwe. It outlines the procedures for acquiring mining rights, the obligations of miners, and the powers of mining commissioners. The act was amended in 2021 to include provisions that support the formalisation of artisanal and small-scale mining activities.
The mining firm is currently undertaking a massive expansion project at its Phase as well as the development of a new mine (Mupani Mine) at its Ngezi operations. Zimplats, however, is spending close to $264 million on the project. Under the stewardship of the resolute Alex Mhembere, despite the unstable mineral prices the platinum miner has
That Zimbabwe has a significant and diverse mineral resource base is not in doubt. With estimates that Zimbabwe has the second largest reserves of chrome and platinum after South Africa and potential to supply about 25% of the global …
Mines and Mining Development Portfolio Committee Chairman Hon Edmond Mkaratigwa and in attendance were members of the Mines Committee, miners ... Mining Zimbabwe March 2021 magazine compressed.pdf | Expertido. Tel: +263 242 447 343/5/6 :: Thembinkosi: 0773 446 138 . Kuda: 0774 032 777 | John:
This research sets out to unravel the history of Lennox Mine from its inception in 1970 tracing the contribution of the mine to the economic development of Zimbabwe from its colonial beginnings up to the current period when the new visionary owner, Honourable Gandiwa Moyo, Deputy Minister of Mines who inherited a dysfunctional mining enterprise set it on course again as a pillar for …
Despite operating in a challenging environment, mining companies have lined up capital investment projects totalling US$455,8 million to boost production capacities, according …
The collapse of the world-mining prices in the 1990s had a major impact on the mining towns around Chinhoyi after some of the mines scaled down or shut down completely (Kamete, 2012; Zimbabwe ...
The law that governs mining in Zimbabwe is the Mines and Minerals Act (ch. 21:05) (Chamber of Mines of Zimbabwe 2015). One major weakness of this Act is that it gives the Minister of
96 The Zimbabwean mining sector employs in excess of 25% of those in formal employment and over 500 000 are believed to be involved in artisanal gold mining (AGM), (The Chamber of Mines of
Government leaders, community leaders and members of mining communities in Zimbabwe are clamoring for a bigger share of revenue deriving from mineral extraction in their areas in an effort to achieve a level of socio-economic development that is commensurate with the level of mineral wealth in their area and to mitigate the paradox of very poor ...
Pambili's long-term plan in helping to "formalize" small-scale mining in Zimbabwe through selective capital investments. In Part 1 of this series, we discussed the Zimbabwe …
During this period, a total of 65 mining licenses were granted, amounting to a value of $282.74 million. By Ryan Chigoche. Overall, the Zimbabwe Investment and Development Agency (ZIDA) issued 154 licenses across various sectors, with a cumulative value of $1.8 billion. Among these, the mining sector was one of the standout performers.