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ACHIEVING THE 50-TON PLATINUM TARGET BY 2030: CHALLENGES AND GROWTH IMPERATIVES
ACHIEVING THE 50-TON PLATINUM TARGET BY 2030: CHALLENGES AND GROWTH IMPERATIVESby Lyman MlamboIntroductionZimbabwe has the world’s second-largest reserve of PGMs in the Great Dyke after South Africa’s Bushveld Complex. There is also potential elsewhere outside the...
Mining operations should be environmentally friendly
The resource-rich Southern African country, Zimbabwe has managed to attract new mining sector investors and for several communities, their wish is to see the good investment climate contributing to economic recovery.Several companies have shown interest to...
Mineral exports seen higher in 2019
Zimbabwe’s mineral exports, excluding gold and silver exports, are projected to climb 6 percent above prior year earnings to over US$1,8 billion after sales topped US$1,6 billion for the 10 months’ period to October this year.But...
EPOs a case of misplaced concern?
The debate around Exclusive Prospecting Orders (EPOs) has been in public domain for over a year now with many small-scale and artisanal miners determined that EPOs are a malevolence that needs to be dealt with to...
Attacks on Chitando preposterous – Rushwaya
Zimbabwe Miners Federation (ZMF) President Ms Henrietta Rushwaya has called on miners desist from castigating the Minister of Mines and Mining Development Hon Winston Chitando over issues to do with government policy because he is just...
Does budget have mining fiscal scaffolds?
A few days after the release of the 2020 National Budget Statement, the Zimbabwe Environmental Law Association (ZELA) received an invitation from the Clerk of Parliament, to share its insights from a mineral resource governance lens....
Mineral exports up 13pc in first 10 months
Zimbabwe’s mineral exports rose by 12,7 percent to US$1,59 billion in the first 10 months this year compared to the same period in 2018, according to Minerals and Marketing Corporation of Zimbabwe (MMCZ).The MMCZ is the...
Mimosa engages RBZ on forex retention
Mimosa Mining Company (Mimosa) is engaging the central bank and ministry of mines for a more favourable foreign currency retention regime, managing director Fungai Makoni has said.With foreign currency shortages crippling the economy, the government resolved...
Zim might not benefit from palladium boom
Zimbabwe will have to review platinum group of metals royalties, if it is to fully benefit from the price boom that has been witnessed for palladium, observers have said. Palladium, which for long played second fiddle to...
Taxes, indigenisation and transparency: How Mthuli’s new fiscal regime impacts on Zimbabwe mining
Open for business? Totemic. That is the word which perhaps aptly sums up the potential of Zimbabwe’s huge and diverse mineral wealth to propel the country’s socio-economic development agenda. Early this year, the Minister of Finance...
Zimbabwe Platinum output declines
Zimbabwe’s first quarter platinum output declined marginally from 120 000 ounces in the previous quarter to 110 000 ounces, according to the latest World Platinum Investment Council (WPIC) Platinum Quarterly.The numbers show that Zimbabwe was the...
Zimbabwe to announce more PGM investors
Government will, in the next few weeks, announce at least two more investors that are expected to deploy huge foreign capital in the country’s platinum sector as scores of local and foreign investors fall in love...
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