US$12 BILLION MINING ECONOMY BY 2023: WHAT ARE …

The mining sector in Zimbabwe is also faced with the problems of corruption, politicisation of the sector, state capture, resources being vested in the hands of individuals rather than the state, lack of geo-data, exclusion of communities, lack of transparency and accountability, access to information among others. The opacity in contract and ...

WhatsApp: +86 18221755073

New investor to set up Gold mine in Masvingo

The mining sector remains Zimbabwe's key foreign currency earner contributing significantly to the fiscus and Gross Domestic Product (GDP). Meanwhile, six new investors have been granted coal-bed methane (CBM) special grants by the government in Matabeleland North province to tap into cleaner fuel for electricity generation.

WhatsApp: +86 18221755073

Mines and Minerals Act unpacked

Part IX, comprising sections 158 to 168, applies. Section 159(1) defines conditions for a special mining lease, essentially a minimum foreign currency investment and that the output therefrom should be principally for export. The special mining lease is approved or refused by the President upon recommendations by the MAB and Minister.

WhatsApp: +86 18221755073

Chinese Mining Devastates Zimbabwe's Mountains

KEY POINTS. Chinese investors are mining in Zimbabwe's mountainous areas, severely damaging the landscape. ... Inflation remains high and the new wealth created by such mining activities has not reached the common people. People living in the affected areas are most at risk. The consequences of environmental degradation and social instability ...

WhatsApp: +86 18221755073

Zimbabwe's Mining Industry Outlook for 2025: Balancing Growth …

In 2025, Zimbabwe's mining industry displays a striking duality: on one hand, record-high production volumes and expansive investment plans; on the other, mounting operational costs, …

WhatsApp: +86 18221755073

Key Key Information For New Investors In Mining In Zimbabwe

One of the key objectives of the Zimbabwean government's "Vision 2030" is growing the mining industry to have a revenue of 12-billion USD annually. This vision is at risk due to the …

WhatsApp: +86 18221755073

The State of Investment in Zimbabwe's Mining Secto...

In 2023, ZIDA issued 277 new mining licenses, the highest among all sectors, which reflects strong investor interest in the country's mineral resources. Furthermore, mining …

WhatsApp: +86 18221755073

An Overview of Mining Law in Zimbabwe | Muvingi …

Zimbabwe's mining sector is recognized as a key player on the global stage, due to its rich deposits of valuable minerals, including gold, diamonds, platinum group metals (PGMs), lithium, chrome, coal and natural …

WhatsApp: +86 18221755073

Key pieces to Zimbabwe's $12 billion mining industry

The Chamber of Mines in Zimbabwe (CoMZ) recently predicted that production from mining could reach $18 billion by 2030 if key challenges in the sector are ironed out through policy and legislative ...

WhatsApp: +86 18221755073

ZIMBABWE PRACTICAL INVESTMENT GUIDE MINING

Mining is said to account for about 5% of Zimbabwe's Gross Domestic Product, about 4.5% of employment and about a third of all total foreign exchange earnings. The mining sector is very lucrative, with immense opportunities for investment.

WhatsApp: +86 18221755073

Foreign Investment in Zimbabwe: Open and Restricted Sectors …

Explore the foreign investment landscape in Zimbabwe, highlighted by both opportunities and challenges. This comprehensive guide covers the open and restricted sectors for foreign investors, ownership caps, regulatory frameworks, and the evolving economic environment. Learn about key industries like mining, agriculture, and tourism, as well as …

WhatsApp: +86 18221755073

ZIDA Invest – Promoting Zimbabwe

Zimbabwe is a key hub within the road and rail corridor in the Southern African Development Community SADC region. ... The Zimbabwe Investment and Development Agency (ZIDA) has released its Quarter Four (Q4) report for 2024, offering a detailed overview of the nation's investment.. ... Caledonia to invest an additional US$42M to expand ...

WhatsApp: +86 18221755073

Ten Strategies Employed by the Ministry of Mines to …

Zimbabwe is confident that, supported by NDS1, it will achieve an upper middle-income economy by 2030, with mining being a top priority. According to the Minister of Mines and Mining Development, Hon. Winston …

WhatsApp: +86 18221755073

Fidelity Gold prices Archives

Mining Zimbabwe is a leading publication and online platform that covers the mining industry in Zimbabwe. ... The publication serves as a key source of information for industry stakeholders, including miners, investors, government agencies, and service providers, promoting responsible mining practices and economic growth in Zimbabwe. ...

WhatsApp: +86 18221755073

Zimbabwe showcasing mineral potential & investment …

The Ministry of Mines and Mining Development supported by the Minerals Marketing Corporation of Zimbabwe (MMCZ) team up to engage with thousands of potential investors and business people to demonstrate opportunities available in the mining sector of Zimbabwe. Other key players including the Chamber of Mines, Fidelity Gold Refinery (FGR ...

WhatsApp: +86 18221755073

Comprehensive Guide to Small-Scale Mining in Zimbabwe: 2024 …

Key sections relevant to small-scale miners include: Section 20: Outlines the process for pegging and registering a mining claim. Section 251: Details the rights of claim …

WhatsApp: +86 18221755073

Zimbabwe's largest platinum project clears key hurdle

GDI, 50% owned by Russia's Vi Holding and Zimbabwean investors, said the African Export-Import Bank had completed a due diligence study allowing it to proceed with a $500 million funding program ...

WhatsApp: +86 18221755073

Chinese mining giants join forces with Zimbabwe on lithium mining

Huayou and Tsingshan plan to invest between $250 million and $300 million in the construction of their lithium mining and processing facility, which is expected to produce around 500,000 tons of ...

WhatsApp: +86 18221755073

Invictus Energy Secures Over 90% Shareholder Approval for Key

Australia Stock Exchange-listed Invictus Energy Ltd achieved a significant milestone, securing over 90% shareholder approval for several key resolutions during its October 2024 General Meeting, Mining Zimbabwe reports. By Rudairo Mapuranga. The ratification of shares under Listing Rules 7.1 and 7.1A received 93.43% and 95.59% approval ...

WhatsApp: +86 18221755073

Advancing Mining Operations with Geological Data

Speaking at the Association of Mine Managers of Zimbabwe (AMMZ) Annual General Meeting in Bulawayo last week, Stephen Duma, a representative of the Geological Society of Zimbabwe, emphasized the critical role digital data plays in mining operations, stating that it benefits both small-scale and large-scale miners.

WhatsApp: +86 18221755073

MMCZ Seeking Phosphate Mining and Fertilizer Investors

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 and Mining Development, no interested …

WhatsApp: +86 18221755073

New Tax Burdens for Zimbabwe's Mining Sector in 2025: Impact …

Zimbabwe's new tax and royalty measures, effective January 2025, will have significant implications for mining sector profitability. The increased royalty rates, particularly …

WhatsApp: +86 18221755073

Zimbabwe may sell 40% stake in a key gold mine to raise capital

Zimbabwe's state-owned Kuvimba Mining House is broadening its search for equity partners and financiers for its gold and lithium mines in a bid to raise capital and expand mineral production.

WhatsApp: +86 18221755073

State of mining industry report

The report looks at key highlights, mining business confidence, local content and corporate social investments in the mining industry, expectations of the artisanal and small-scale mining sector (ASSM), COVID-19 and mining industry outlook for 2022 prospects. ... As a result, Zimbabwe's mining sector potential remains untapped due to lack of ...

WhatsApp: +86 18221755073

Mining sector incentives to promote new investment

Mining Zimbabwe Latest Mining News, Policy, and ... which the government extended to the mining sector are meant to attract new investment while ensuring maximum utilisation of the country's mineral resources to achieve a US$12 billion mining industry by 2023, a Cabinet Minister has said. ... "We have been very clear that the mining sector ...

WhatsApp: +86 18221755073

Mining Sector

Zimbabwe boasts a rich and diverse geological landscape that has earned it a prominent place on the global mining map. With close to 40 different minerals including abundant deposits of gold, platinum, diamonds, lithium, coal, …

WhatsApp: +86 18221755073

Top 5 Lucrative Mining Investment Opportunities in …

Legal and Regulatory Framework for Mining Investment in Zimbabwe. To ensure successful mining investments in Zimbabwe, it is crucial to understand the legal and regulatory framework governing the sector. Key laws and regulations …

WhatsApp: +86 18221755073

Understanding Zambia's National Critical Minerals Strategy: Key

The second action point seeks to increase government involvement in the mining sector by fostering partnerships with local and foreign investors. This includes: • Creating a Special Purpose Vehicle (SPV) that will hold at least a 30% stake in new critical mineral projects. • Establishing a local content requirement for procurement in the ...

WhatsApp: +86 18221755073

Key Financials

WARNING: There are reports of persons in Zimbabwe illicitly posing as employees of the group acting in a procurement capacity, in particular fraudsters pretending to act on behalf of Blanket Mine and contacting mining suppliers to obtain equipment by deception. Anyone who is approached by a person purporting to act for Blanket Mine or Caledonia with a view to …

WhatsApp: +86 18221755073

Budget Highlights: Key Tax and Royalty Changes Impacting the Mining

The 2025 National Budget introduces several key tax and royalty changes that will significantly impact various sectors, including mining, energy, and retail. These measures aim to enhance revenue collection, ensure tax compliance, and promote economic growth. From adjustments to mineral royalties and capital gains tax to the introduction of new surcharges on …

WhatsApp: +86 18221755073