The two believe that there is an immediate need for Government to implement ten key points in order for the industry and economy of Zimbabwe to reach unpredictable outcome. 1. The publishing of real-time market based pricing for all minerals including gemstones. Hundreds of Millions of United Sates Dollars in Mining Industry Revenues …
Minister highlights Zimbabwe mining sector's growth potential. Zimbabwe Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa. 10th …
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.
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 …
To understand the challenges of current policy-making around resource nationalism we consider the case of Zimbabwe, a country which has been host to …
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 ...
A STRONG 2022 first-quarter performance has put the mining sector firmly on course to attain the 8 percent annual growth target set by the Government, the Chamber of Mines of Zimbabwe (CoMZ) said.
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)
THE MINING INDUSTRY IN ZIMBABWE: CHALLENGES FOR SUSTAINABLE DEVELOPMENT. Mining plays a key role in Zimbabwe's economy, contributing 5% and 23% to the country's gross domestic (GDP) and total exports, respectively. ... From a sustainable development (SD) point of view, mining poses a serious danger which …
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 …
The mineral resource sector contributed 6.2% to Zimbabwe's gross domestic product (GDP) between 2009 and 2015 and 8.4% from 2016 to 2018 and 60% of the country's export earnings as of October 2018. Thus, when exploited in a sustainable manner, the mining sector has the potential to transform the Zimbabwean economy.
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 …
Orientation: In Zimbabwe, mining is a significant economic sector but has adverse environmental impacts. Purpose: This article assesses environmental responsibility practiced by gold mining
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.
Optimistically, by the end of 2023, Zimbabwe's mining economy is expected to increase from US$3 billion in 2018 to US$12 billion. Regarding foreign investment and cooperation in the mining sector, there are also voices of opposition in Zimbabwe who believe that the partners will deprive Zimbabwe of its resources.
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 …
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 …
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 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 …
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 …
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.
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,
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.
Under the Second Republic, Zimbabwe has witnessed remarkable growth and transformation in its mining sector. This positive trajectory is marked by the …
The mining sector is a major contributor to the economy, accounting for 13 percent of the gross domestic product and employing over 50 000. The sector also generates more than 70 percent of the ...
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 …
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.
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 …
According to the Chamber of Mines, mining costs are expected to come in 15% higher in 2023 with constraints coming from power supply deficits and foreign currency shortages. Forecasts for 2023 have pinned sector growth to a range of …