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The country's mining sector has recorded a cumulative total of US$20, 2 billion in export earnings in the past five years spurred by the improved investment climate ushered in by the Second ...
The Chamber of Mines of Zimbabwe (COMZ) has predicted that the country's mining sector will grow by 10% this year, as the country targets $3.7bn from mineral exploits over the same period. The Chamber held its annual general meeting last week in Victoria Falls, where President Batirai Manhando reported that ten out of 14 …
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.
The objective of this is to undertake a detailed assessment of Zimbabwe Mining Sector Institutional set up and its oversight to determine how this institutional arrangement can be enhanced to ensure the mining sector realise its maximum contribution in the realisation of national socio-economic objectives. The assignment is …
The main reason for the prominence of corporate social responsibility (CSR) in the mining sector is a result of the fact that, in general, the sector negatively affects local communities socially, economically, and environmentally. The sector is criticised by civil society, the Government, and local activists in the host areas.
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 …
To understand the challenges of current policy-making around resource nationalism we consider the case of Zimbabwe, a country which has been host to …
Between colonial intervention and a weak regulatory framework, mining in Zimbabwe has struggled to live up to its potential. With the government cracking down on undeveloped licenses, and aiming to force companies to "use it or lose it", we consider the history of mining in Zimbabwe, and who the winners and losers of the new policy could …
The drought that occurred in Zimbabwe in 2020 affected the country's main hydro-power station causing the electricity supply to be less secure and reliable. This challenge resulted in load-shedding, which is not desirable to mining companies that require constant and reliable power for their operations. In that regard, a techno …
In view of these issues, it is important to consider how a mining company can adopt pragmatic approaches to improve the ecological, social and economic sustainability of stakeholder communities in developing nations like Zimbabwe. This study, therefore, seeks to establish how Unki mine in Zimbabwe fairs in engaging with its embedded community ...
Zimbabwe's hopes for a quick economic recovery and sustainable foreign exchange stability rest on the shoulders of its multibillion-dollar mining industry. By Francis Shingi Nhunzvi and Victor Bhoroma Beyond the productivity bottlenecks of the past 2 years, mining commodities earned the country US$2.91 billion in 2019 (9% down from the 2018 …
February 5, 2024. Read Next. 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, industry captains and key government ...
This paper is an overview of workers' rights in Zimbabwe focusing on the abuse, exploitation of workers and the brutal attitudes displayed toward mine workers and trade unions officials by mining companies and government authorities. Zimbabwe's mining sector plays a major role in Zimbabwe's export economy. However, Zimbabwe's …
Research paper on the power dimension to mineral related corruption : preliminary findings from a study conducted by Transparency International Zimbabwe (TI-Z) on the state of corruption in the mining sector : the case of gold, diamond and platinum mining in Kwekwe, Gwanda, Marange and Mhondoro-Ngezi. HD9506 .Z552 M79 2013.
Based on information that was collected in August 2017, this paper discusses various aspects of the mining industry. These include Zimbabwe's mining legislation, environmental impacts of the mining …
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 …
The mining sector in Zimbabwe has demonstrated steady growth since the appointment of Hon Winston Chitando as the Minister of Mines and Mining Development in November 2017 after the fall of the Robert Mugabe administration. Despite some visible challenges and setbacks, the industry's overall progress has been remarkable.
FDI approvals fell from US$3.2 billion in 2015 to US$2.3 billion and US$1.5 billion in 2016 and 2017 respectively. Having approved US$33.94 billion worth of investments between 2009 and June 2018, US$ 15.76 billion worth of investment approvals were made from 165 investment proposals between January and June 2018.
In the global race for energy transition minerals that are meant to help address the climate change crisis, Zimbabwe is one of the few African countries with important lithium reserves. If mining projects are managed transparently and with respect for property rights, human rights and openness to competitive investments, it can …
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 accounts for between 12 and 15% of annual …
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 in 2022 remained relatively flat y/y at 81%, as per the Chamber of Mines. Local gold production increased 19% to 35.2tn in 2022, from the 29.6tn recorded in 2021 signaling a …
Under the Second Republic, Zimbabwe has witnessed remarkable growth and transformation in its mining sector. This positive trajectory is marked by the …
Zimbabwe Mining Sector. Mining firms deferred capital expenditure and slowed project activity in 2020, but have since reversed the trend. The pandemic brought with it an increase in shipping and container costs. Investors are increasingly looking at ESG performance & ratings as an indicator for good management and risk mitigation.
Mining Zimbabwe is a reliable source of unfiltered Zimbabwe Mining News. Learn about Mining in Zimbabwe, Policy, Monthly magazine, mining events, gold, lithium ... 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; …
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 …
Last month the President of Zimbabwe Emmerson Dambudzo Mnangagwa unveiled the USD12 billion road map which aims at developing the mining sector in Zimbabwe to a USD12 billion industry by 2023. The mining sector is already Zimbabwe's biggest foreign currency earner. Experts and the government are of the view that the …
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,
The government of Zimbabwe has implemented various policies and initiatives aimed at boosting the mining sector: Zimbabwe Mining Development Corporation (ZMDC): The ZMDC is a state-owned entity established to help in the development of the mining sector and to facilitate investment. The ZMDC has been …
Orientation: In Zimbabwe, mining is a significant economic sector but has adverse environmental impacts. Purpose: This article assesses environmental responsibility practiced by gold mining
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 ...
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