Foreign investors are allowed to own 100% shareholding for mining operations in all minerals except for platinum and diamonds which the foreign investor is expected to jointly own with Government on a 51%/49% basis.
Foreign investors are expected to register a company in Zimbabwe and possess an investment certificate issued by the Zimbabwe Investment Authority (Z.I.A) before starting operations. The company may then apply for mineral rights from the Ministry of Mines and Mining Development.
Any person who is a permanent resident of Zimbabwe and above the age of 18 may take out a prospecting license from any Provincial Mining Director for purposes of prospecting and registering mining claims.
Each Prospecting License is valid for two years.
A holder of a Prospecting License automatically acquires the rights of prospecting and pegging mining claims in Zimbabwe.