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 …
Zimbabwe Gold Mining News Monitoring
Zimbabwe mine turns dumpsite into solar station. A gold mine in Zimbabwe has turned its former dumpsite into a solar station, generating all the energy it needs for operations at the mine and releasing excess energy into the national grid. Located in Zimbabwe's southwestern Bubi district, some 500 …
Statutory Instrument 152 of 1990
Mining Zimbabwe is a premier publication, offering insightful perspectives, up-to-minute news, policy and comprehensive analysis of the Zimbabwe mining industry. Telephone: +263 242 777728 . Visit us (Zimbabwe) 4th Floor Fidelity Life Towers; Raleigh St, Harare; South Africa. Bellairs Drive, Northridding 2188 Johannesburg,
Zimbabwe's gold production up as new mines begin production
Gold deliveries for the first ten months of 2021 totalled 22 tonnes, up from 16 tonnes in the same period last year, according to numbers released this week by Fidelity Printers and Refiners (FPR). Gold exports, Zimbabwe's most valuable resource, dropped from US$1.60 billion in 2019 to US$980 million in 2020. The RBZ blamed Covid-19 …
The Socio-economic Impact of Corporate Social Responsibility …
The Deputy Minister of Mines and Mining development Mr. Gift Chimanikire, speaking at a CSR Conference held in Harare, Zimbabwe, in August 2011, declared Zimplats, Rio Tinto, through the Rio Tinto Foundation, and Mimosa, as the mining corporations that have implemented CSR initiatives.
The Performance of the Zimbabwe Mining Sector in …
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. …
Transforming Zimbabwe's mining sector: A path to …
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 …
Ministry of Mines and Mining Development
Zimbabwe's mining industry is focused on a diverse range of small to medium-mining operations. The most important minerals produced by Zimbabwe include gold, asbestos, chromite, coal and base …
ESG in the Mining Industry: The Future of Responsible …
(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 …
Mining industry on right path — Minister Chitando
THE mining industry is on the right path and has made significant progress towards attaining a US$12 billion industry by 2023, with key contributors making huge strides in the production matrix. ... up-to-minute news, policy and comprehensive analysis of the Zimbabwe mining industry. Telephone: +263 242 777728 . Visit us (Zimbabwe) …
Promoting sustainable mining in Zimbabwe
Promoting sustainable mining in Zimbabwe. " Both small-to-medium and large scale mining entities in Zimbabwe are encouraged to be sensitive to the environment and to invest in projects and technologies that minimize environmental risks. Relevant authorities and stakeholder representative bodies must embark on deliberate and co …
237 Miners died from mining accidents in 2023
Mining Zimbabwe is a premier publication, offering insightful perspectives, up-to-minute news, policy and comprehensive analysis of the Zimbabwe mining industry. Telephone: +263 242 777728 . Visit us (Zimbabwe) 4th Floor Fidelity Life Towers; Raleigh St, Harare; South Africa. Bellairs Drive, Northridding 2188 Johannesburg,
Zimbabwe Mining News updates daily
Zimbabwe mining news updates as it happens. We keep the Zimbabwe mining industry informed. gold news, chrome, lithium news, platinum all at miningzimbabwe ... up-to-minute news, policy and comprehensive analysis of the Zimbabwe mining industry. Telephone: +263 242 777728 . Visit us (Zimbabwe) 4th …
CoMZ State of the Mining Industry Report Overview
Mining Zimbabwe is a premier publication, offering insightful perspectives, up-to-minute news, policy and comprehensive analysis of the Zimbabwe mining industry. Telephone: +263 242 777728 . Visit us (Zimbabwe) 4th Floor Fidelity Life Towers; Raleigh St, Harare; South Africa. Bellairs Drive, Northridding 2188 Johannesburg,
Zimbabwe aims to triple its mining industry …
Zimbabwe's president Emmerson Mnangagwa predicts a difficult road ahead (Credit: kremlin.ru) Zimbabwe aims to increase the annual revenue of its mining industry from $4bn to more than $12bn …
Zimbabwe: Reviving and Growing Mining Industry
The mining industry in Zimbabwe presents significant opportunities for national growth and prosperity. Government's target to take the mining industry to …
All That Glitters is Not Gold: Turmoil in Zimbabwe's Mining …
See also Dumisani Nyoni, "Mining in Zimbabwe in 2020: achievements, the good and the bad, what should be fixed, improved, and recommendations", Mining Newsweek, 15 June 2020.Hide Footnote But in the open market the Zimbabwe dollar is worth less than half its official value. The discrepancy creates a gap between the price …
Transforming Zimbabwe's mining sector: A path to prosperity
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 sector is poised to contribute ...
Zimbabwean miners set for big profit slump next year -report
But a confluence of global and local factors will eat into the mining industry's revenue and profit in 2024, the Mining Prospects for 2024 report by the Zimbabwe Chamber of Mines said.
Transport and Logistics challenges faced by Zimbabwe Mining Industry
Transport and Logistics challenges faced by Zimbabwe Mining Industry. Zimbabwe has a long and diverse history of mining, with more than sixty types of different minerals of which about 40 minerals; primarily gold, nickel and copper, but also coal, diamonds, platinum and chromite already being mined. With the increasing demand for …
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 ...
Zimbabwe miners say costs, power shortages dampen 2023 growth
An industry report published by Zimbabwe's Chamber of Mines, which represents the country's major mining firms, says the sector will experience a slower 7% growth next year, from a projected 8 ...
SECTOR | Zimbabwe Mining Sector Report 2023
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 …
Ten most influential individuals in the Zim …
These are the ten most influential individuals in the Zimbabwe Mining Industry in 2019. (1) Ben Magara. Zimbabwe-born Lonmin Chief executive officer and director Ben Magara has been …
Mining sector incentives to promote new investment
Tax incentives, 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. Gold production of 100 tonnes and earnings of US$4 billion per annum as well as …
Mining Laws and Regulations Report 2024 Zimbabwe
The National Employment Council for the Mining Industry deals with employment and related matters in the mining industry. The Minerals Marketing Corporation of Zimbabwe (MMCZ) is responsible for marketing minerals in Zimbabwe. 1.3 Describe any other sources of law affecting the mining industry.
Zimbabwe Mining Industry Newswire
Zimbabwe rakes in US$20 billion in mineral exports. The Zimbabwe mining industry in the last five years realized a total of US$20 billion from mineral exports, the Minister of Mines and Mining Development, Hon Zhemu Soda, announced. Rudairo Mapuranga Speaking at the Kamativi Mining Company (KMC)'s spodumene ….
About MIPF
The Fund was set up following a collective bargaining agreement between representatives of employers and those of employees in the mining industry. The Fund had a membership of 26 095 active members, 38 619 deferred members, 7 289 preserved members and 12 177 pensioners as at 31 October 2023.
(PDF) The Mining Industry in Zimbabwe: Challenges for …
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 diamond market, mining can play a catalytic role in Zimbabwe's economic revival, stabilization and eventual growth.
State of mining industry report
A survey by Zimbabwe Chamber of Mines on the challenges and prospects of the mining sector in 2022. The report covers key highlights, business confidence, local content, corporate …