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Mines Committee workshop on gold production value chain takes-off

Mines Committee workshop on gold production value chain takes-off

Mines Committee workshop on gold production value chain takes-off

The Parliamentary Portfolio Committee on Mines and Mining Development’s all-stakeholder workshop on gold production value chain has taken off.

The workshop will see input and participation from Mining institutions including the Portfolio Committee on Mines and Mining Development, The Chamber of Mines of Zimbabwe (CoMZ), the Ministry of Mines and Mining Development (MMMD), Fidelity Gold Refiners (FGR), Zimbabwe Miners Federation (ZMF), Zimbabwe Environmental law Association (ZELA), The Zimbabwe Republic Police (ZRP), Reserve Bank of Zimbabwe (RBZ) amoungst others.

According to the chairman of the Mines and Mining Development Portfolio Committee Hon Edmond Mkaratigwa, the Mines Committee is the delegate of the Committee of the Whole House which is generally the National Assembly.

“The Committee is established in line with the Standing Rules and Orders of the Parliament of Zimbabwe. That is to represent the sectoral interests in Parliament, to lead in law making process related to the sector, to conduct enquiries and hearings on matters of interest to the sector among others. Basically, we carry on with the broader Parliamentary mandate as enshrined in the Constitution but our work in narrowed to the Mines and Mining Development sector to ensure focused attention, easy capacitation for the task and a manageable responsibility and accountability framework,” said Mkaratigwa

Mines and Mining Development Minister is expected to make a presentation on An Overview of the Gold Production Value Chain: US$ 4 Billion Target, Investment Opportunities, Legal and Policy Framework.

Also to make presentations are Chamber of Mines CEO and ZMF CEO on Gold Mining and Production in Zimbabwe: Challenges and Opportunities.

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Later in the day RBZ Governor will make two presentations on the Gold Producers Payment Model in Zimbabwe and the Unbundling of Fidelity Printers and Refiners: Opportunities and Challenges.

The workshop will run for 3 days.

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