Diamond mining in Zimbabwe: fighting human …
Diamond mining in Zimbabwe: A story of the people fighting state and corporate human rights abuses and their stranglehold on natural resources. 18 Dec, 2017. Once again the power of international …
Mining Sector and Illicit Financial Flows (IFFs) in Zimbabwe
In 2019, total mining export receipts amounted to US$2.9 billion, which translates to about 55.2% of the country's total exports. As a percentage of the total mining exports gold contributed 37%, PGMs 43%, diamonds 5.71% and nickel 1.72% respectively. Other minerals that include chrome, coal and iron share the reminder of the share of total ...
POLICY ANALYSIS VOL 1. NO. 1
sustainable mining and uplift their living standards. The extraction of mineral resources in Zimbabwe has largely deprived communities of meaningful benefits because of policy …
Mining in Zimbabwe in 2020: Achievements, the good and …
Zimbabwe's mining sector is expected to be one of the key drivers for economic growth this year on the back of its export generation capacity. The industry …
Mining Accounts for 18% Projected Investment Value in Q1 …
Chinamo noted that the services sector had the highest projected investment, accounting for 25%, while the construction industry followed at 23%, with mining ranking third at 18%. A total of 143 licenses were issued during the quarter, with a total projected investment value of US$622.18 million. The services sector had the …
Mining Zimbabwe Magazine
Mining 2021 A provider of Valuable Intelligence to the Zimbabwe Mining Community 04 Apr 2021 ZIMBABWE 0 618528 356556 GOLD PRODUCTION PROJECTED TO RISE, but current reality is otherwise Eureka Gold Mine set to re-open in 12 Days - 06 Cadastre equipment to be inland by June Chitando - 25 Caledonia Mining Central Shaft fully …
Mining Laws and Regulations Report 2024 Zimbabwe
ICLG - Mining Laws and Regulations - Zimbabwe Chapter covers common issues in mining laws and regulations – including the acquisition of rights, ownership requirements and restrictions, processing, transfer and encumbrance, environmental aspects, native title and land rights. Published: 19/09/2023.
Zimbabwe showcasing mineral potential & investment …
Diamond Drilling Exploration for small-scale miners initiated. Zimbabwe will from the 5th of February to the 8th of February 2024 showcase its mineral potential and investment opportunities available in the country at Mining Indaba, which is largest Mining Investment Event held on Africa soil. The annual event hosts thousands of investors ...
Bravura's Kamativi tailings dump processing is 95% complete
Pan African mining company, Bravura, is upbeat about becoming one of the major lithium producers in Zimbabwe in the next 3 years with its state-of-the-art processing plant now 95 percent complete. Rudairo Mapuranga. The company, which has the rights to process tailings left by the Kamativi tin mine to extract lithium spodumene, is in the.
Important changes to Zimbabwe's mining regulatory …
Here, Selina Zhuwarara, mining law expert and Consultant at Alliott Global Alliance law firm member Muvingi & Mugadza explains why Zimbabwe is re-structuring …
Kubakaidze Mining Syndicate v Minister of Mines and Mining …
"Costs de bonis propriis will be awarded against a lawyer as an exceptional. measure and in order to penalise him for the conduct of the case where. it has been conducted in a manner involving neglect or impropriety by. himself." In Tamanikwa & Ors v Zimbabwe Manpower Development Fund & Anor SC 73/17 It is stated that; -
About Zimbabwe
Taxation. The prevailing taxation regime for mining companies in Zimbabwe includes the following provisions: Corporate Income tax at 25,75%. Exploration, development and capital costs can be deducted against taxable income in the year incurred or carried forward to be deducted against future taxable income.
Mines and Minerals Act unpacked | Mining Index Zimbabwe
The Mines and Minerals Act (Chapter 21:05) (the Act) is the principal Act regulating the mining industry in Zimbabwe. There are several regulations and other …
POLICY ANALYSIS VOL 1. NO. 1
The MMAB must adopt the Zimbabwe Mining Revenue Transparency (ZMRTI) to.promote.transparency.and accountability in the mining sector. 1 1 2 1 3 1 4 1 ... the ground and increase production in the mining sector. The obligation for claim holders to submit work plans for review to the MAB every six months will improve accountability …
Mining in Zimbabwe: time to use it or lose it
In November, mining minister Winston Chitando announced that the government will force companies to develop these assets as part of a 'use it or lose it' policy, its latest attempt to remove inefficiencies from and stimulate growth in the mining sector. The policy builds on similar initiatives deployed in the gold mining sector, and is …
The Performance of the Zimbabwe Mining Sector in 2019
of the global exploration budget fell from 0.2. percent to literally 0 percent. Globally, around 10 percent of all capital. expenditure in mining goes towards. exploration, in Zimbabwe, it is near ...
Fiscal incentives or tax regulations for Mining funding in Zimbabwe
Taxable income of a Holder of Special Mining Lease . In the case of a holder of a Special Mining Lease, company income is taxed at a fee of 15%. However, holders of a Special Mining Lease are vulnerable to Additional Profit Tax. The tax is payable upon reaching a formulation-based degree of profitability. Exemption from …
Zim to tap into uranium deposits
Zim to tap into uranium deposits. October 3, 2022. Zimbabwe is finalising drafting a policy that will guide the exploitation of uranium for peaceful purposes, the Government has said. Mines and Mining Development Deputy Minister Polite Kambamura told The Sunday Mail that the policy will govern prospecting, title acquisition, exploration ...
Mining Tax Highlights in Zimbabwe, January 2024
Since 2018 Zimbabwe has re-focused its attention on the mining industry's potential, thus re-structuring its policies and regulatory framework. In this article our Mining Law Practice group outlines the Major Mining Tax Highlights for 2024. The new Finance Act, 2023 (No. 13 of 2023),which came into operation on the 1st of January 2024 …
Interview: Better Brands founder Pedzisai "Scott" Sakupwanya
February 19, 2024. Pedzisai Scott Sakupwanya is a prominent figure in Zimbabwe's gold mining industry. He has extensive experience and expertise in the gold sector. He not only has extensive experience but also expertise in the gold sector. Throughout his career, he has gained a deep understanding of the intricacies and challenges of the ...
Operations start at Zimbabwe's zulu lithium mine
Strategic metals and minerals mining firm, Premier African Minerals, has kickstarted operations at its Zulu Lithium Mine in Zimbabwe with the firm making its first blast at the mine. With the blast, the firm says it is set to introduce first ore at the mining facility by mid-April. George Roach, CEO of Premier African Minerals, said "We are ...
New mining tax law could unsettle sector | Mining Index Zimbabwe
March 25, 2024. 77. A new special capital gains tax has been introduced where the purchaser of a mining title now has to pay a tax of 20 percent of the value of the transaction. The new law implemented through Finance Act Number 13 of 2023 and back-dated to 1 January 2014, entails a 20 percent levy on the purchase of the mining title …
Demystifying community entitlement of Mining proceeds in Zimbabwe
There is a general challenge in Zimbabwe regarding the relationship between some mining companies and communities in which they are situated. By Edmond Mkaratigwa (MBA in Energy and Sustainability and Chairperson of the Parliamentary Portfolio Committee on Mines and Mining Development) & Albert Maipisi (Ph.D in …
Top Ten operating mines in Zimbabwe 2019
9. Makomo Resources. The coal miner based in Matebeleland North has been the main driver of coal mining in the country at a time when. Over the past six years, Makomo Resources has grown to become the biggest coal miner by output and has also become the biggest supplier of coal to Zimbabwe Power Company. Over the years the …
Corporate tax reduced, a relief for Zim miners
The Zimbabwe government has reduced corporate tax for miners by one percentage point to 24% to enable resources companies achieve acceptable returns from their investments, reduce costs and ensure optimal exploitation of minerals, Finance Minister Mthuli Ncube said Monday. Speaking at a post-budget meeting in the capital, …
Relief for Zim miners, royalties,taxes and levies …
Zimbabwe's multi-billion-dollar mining sector has been granted the nod to pay part of their royalties, taxes and rural district council levies in local currency in a major boost for the capital intensive sector. …
Implications of Bikita Minerals' Corporate Social …
Since Zimbabwe's mining industry is targeting achieving a US$12 billion mining economy by 2025 and becoming an upper middle-class economy by 2030, with the promotion of human rights as one key priority, it is important to ascertain the extent to which mining entities' CSR advances the often neglected, subordinated, 'third-generation ...
Implications of Bikita Minerals Corporate Social …
obligation to integrate social and environmental concerns into their CSR ... (ZELA, 2011). Since Zimbabwe's mining industry is targeting achieving a US$12 billion mining economy by 2025 and becoming an upper middle-class economy by 2030, with the promotion of human rights as one ... adopts a human-centred approach to ERs (De Gobbi, 2020). A ...
State of mining industry report
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.
Large scale mining operations in Zimbabwe
The Renco Mine is 100 per cent owned by RioZim Limited. The mining rights are held through mining claims, a mining lease, and a special grant covering a total area of 2 736 hectares. The mine is located in the South-East of Zimbabwe in Nyajena communal lands, approximately 75km southeast of Masvingo.
Mining Zimbabwe
Thelma Nyabanga: Leading the Way as Acting Metallurgical Engineer at Eureka. May 7, 2024. 0 Shares. Mining Zimbabwe is a reliable source of unfiltered Zimbabwe Mining News. Learn about Mining in Zimbabwe, Policy, Monthly magazine, mining events, gold, lithium.
Human Rights Obligations of Chinese Investors In Zimbabwe…
All Chinese mining companies operating in Zimbabwe have a duty to discharge this obligation in respect of human rights. The Government of Zimbabwe, its institutions and agencies have a duty to monitor and enforce human rights compliance in the conduct of business by Chinese investors.
Socio-economic Impacts of China's Mining Investments in Zimbabwe …
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 …
Mining Zimbabwe Magazine
Download your copy today and immerse yourself in the riveting articles that will undoubtedly rekindle your passion for the Zimbabwe mining industry. Remember you can write to us or submit contributions on the details below. Email: info@miningzimbabwe or WhatsApp: +263 242 777728.
Occupational Health and Safety in the ASM sector
Artisanal and small-scale mining (ASM) is a source of livelihood in Zimbabwe. It employs more than five hundred thousand workers directly and three million indirectly (Parliament Zimbabwe, 2017). However, ASM activities can damage the environment and pose health and safety risks to workers and surrounding communities. …
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