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Zimbabwe Mining | Mayer Brown

The regulatory framework governing mining in Zimbabwe does not have specific local content requirements. However, the extent of local procurement, local retention and employment of …

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Bucking global shift to cleaner energy, Zimbabwe digs deeper …

Chima pointed to special mining concessions that were granted to Afrochine Energy, a subsidiary of Chinese steel giant Tsingshan, to explore for coal near Hwange National Park, home to the ...

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Use it or lose it" the slogan continues

The government of Zimbabwe is concerned with determined companies particularly large conglomerate who are said to be keeping their mining concessions for speculative purposes in Zimbabwe. Rudairo Dickson Mapuranga Speaking at the Environmental Impact Assessment launch held a forth night ago in Kadoma, the Deputy Minister of Mines and Mining …

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BREAKING: No renewals without tax clearance, EIA

The Minister of Mines and Mining Development Hon Winston Chitando has warned small-scale and artisanal miners who are not in compliance with the dictates of the laws of Zimbabwe that they risk losing mining certificates and their concessions.. Rudairo Mapuranga. Addressing delegates at the official launch of a three-day Zimbabwe Miners Federation (ZMF) …

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Zimbabwe: Govt Defends Hwange Mining, Backtracks On Blunder

The mining exploration by the Chinese companies raised concerns for environmental degradation as there seem to have lapses in the granting of the mining concessions by the authorities.

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'Just Rock': Moti Group Suspected Zimbabwe Concessions Held …

South Africa's Moti Group has announced plans for a $1 billion lithium battery factory in Zimbabwe. But leaked internal communications show executives casting doubt on their own mining concessions before they brought a major Chinese investor on board.

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Miners troop back to abandoned concessions after govt threats

Mining is one of Zimbabwe's key sectors. At the end of 2022, Mines and Mining Development Deputy Minister Polite Kambamura said one such miner was holding massive gold concessions without ...

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Miners in tax talks with govt

Zimbabwe's mining industry is engaged in discussions with the government over the punitive tax burden and retention levels, the Mines and Mining Development minister Winston Chitando has said. Miners have been pushing for an option to pay all taxes in local currency to enable companies to have sufficient foreign currency to meet operational ...

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16 mining concessions repossessed

The 16 concessions are part of the 213 mining concessions earmarked for repossession in the first phase. The government has also reclaimed 21 000 hectares of mining land following failure by owners to pay inspection fees.

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Zimbabwe: How Coal-Fired Power Stations Threaten Livelihoods …

The wildlife a town has gradually turned into a mining town due to the mining concessions by the government of Zimbabwe and Chinese companies, such as Zang coal mining, Zambezi Coal and ...

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zimbabwe mining concessions

Congo awards Zimbabwe with mining concessions - JCK. Congo awards Zimbabwe with mining concessions July 24, 2001 by JCK Magazine. Congo has created a joint "cooperation commission" with its military ally Zimbabwe, whose help in Congo's nearly three-year war has been rewarded with lucrative mining concessions, the Associated Press (AP) reported Saturday.

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Miners troop back to abandoned concessions after govt threats

ABOUT 50% of mining industry investors thrown off balance by government's threats to repossess idle concessions have stampeded back to their assets, unsettled by the …

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The Growing Battle between Mining and Agriculture

Mining concessions are often awarded without consideration for impacts on agricultural production. Later this year Oxfam America will publish research that shows graphically how mining and oil concessions have expanded dramatically in recent years in agriculturally productive areas of Peru and Ghana.

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Govt repossesses 80 mining concessions

THE GOVERNMENT has successfully repossessed over 80 mining concessions under the "use-it or lose-it" policy and a formal announcement will be made in due course, …

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Mining sector incentives to promote new investment

The mining sector is the largest generator of foreign currency into Zimbabwe, showing we ought to recognise that this is an important sector for driving our exports." The country's mining representative body, Chamber of Mines of Zimbabwe has since welcomed Government incentives to the sector.

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'Repossession of mining claims ongoing'

The Mines and Minerals Act empowers government to repossess unused mining concessions to prevent speculative holding of valuable assets. The regulation seeks to promote investment, job creation and ensure broader …

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Zimbabwe might seize Todal Mining's platinum concessions

Harare — Zimbabwe's ministry of mines and mining development has informed Todal Mining, a venture controlled by Eurasian Resources Group, that its platinum mining concessions could be seized ...

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Zimbabwe: Government Repossess Idle Mining Concessions

MUTARE- The Ministry of Mines and Mineral Development says it has started effecting Phase one under a program to repossess idle and underserviced mining claims, …

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'Just Rock': Moti Group suspected Zimbabwe concessions held …

In May this year, South Africa's Moti Group announced plans to start mining lithium in Zimbabwe and build a $1-billion battery factory along with a Chinese partner.

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Fiscal incentives or tax policies for Mining investment in Zimbabwe

Responding to mining Zimbabwe's question "What fiscal incentives or tax policies do we have in place to encourage mining investment and ensure a competitive environment for foreign companies seeking to invest in Zimbabwe?" this is what the Minister of Mines and Mining Development said. INCOME TAX. Allowable Deductions/ Expenditure . All capital expenditure …

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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 into the mining industry of Zimbabwe …

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The political economy of the mining sector

Zimbabwe has not developed a culture of community engagement—especially on resource issues, recently traditional leaders (Chief and Tenzi Nehoreka) met in Norton where they were advocating for their …

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New investor to set up Gold mine in Masvingo

Through the "use-it or lose-it" policy, the government has vowed that all mining concessions lying idle for speculative purposes would be repossessed and allocated to serious investors. Repossession of such mining titles across the board is expected to begin this month and under the first phase of the exercise, more than 200 claims will be ...

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'Repossession of mining claims ongoing'

The regulation seeks to promote investment, job creation and ensure broader access to mining assets by allowing those ready to mine to file claims and obtain concessions. In 2019, President Emmerson Mnangagwa launched a strategic roadmap for the mining industry to build a $12 billion sector by 2023 .

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ZhongXin power station

In September 2020, the mining concessions granted to Zimbabwe ZhongXin Electric Energy were revoked thanks to community opposition. However, the future of the area may be uncertain. As of November 2021, Zimbabwe Zhongxin Coking Company has reportedly yet to start coal mining as it was at the exploration stage. ...

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Government to resize ZMDC Coal special grant

The Zimbabwe Mining Development Corporation's coal special grant in Hwange District has been earmarked for resizing as the government moves in to implement the "use-it or lose-it" policy. ... and Mining Development Minister Winston Chitando has also highlighted that the policy seeks to resize excessively large concessions with life spans ...

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Zimbabwe

The Mimosa mine in the Wedza Complex is Zimbabwe's second of two PGM producers. ... which may include a "use it or lose it" provision for unexploited mining concessions and new "indigenous ...

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Bravura Zimbabwe to settle Zim concession dispute

Bravura Zimbabwe, which is exploring for platinum in the Serui concession in Selous, Mashonaland West Province, has agreed to help the government pay a US$15m settlement to South African-based Amari …

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Projects Must Not Depend on Rebates/Incentives -Gvt tells …

This perspective, however, comes amid ongoing concerns from miners about the heavy tax burden and high royalty rates imposed on the industry. Zimbabwean miners have often criticized the complex regulatory environment and financial pressures stemming from corporate tax rates, significant mining royalties, VAT, and other levies.

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Govt repossesses 80 mining concessions

Zimbabwe's largest daily newspaper. Under this exercise, small claims are consolidated to make viable mining concessions that are then allocated to genuine investors willing to start mining ...

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