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The Bikitaite mineral

Bikitaite was named for the type locality in Bikita in the Masvingo District of Zimbabwe.The only other locality for Bikitaite is in the United States at the Foote Lithium Co. Mine in North Carolina, USA. Bikitaite...

Top 10 opportunities available in Zimbabwe mining sector

THERE are plenty opportunities available in Zimbabwe’s mining sector that could be exploited by both local and foreign investors. By Keith Sungiso Zimbabwe has about 60 mineral occurrences, the major ones being diamond, platinum, gold, nickel, lithium, chrome...

Zim to scrap 51% mining ownership rules

Zimbabwean Finance Minister Mthuli Ncube said a rule requiring local investors to control platinum mines will be scrapped and foreigners will be allowed to own 100% in a bid to revive investment.“We are removing that indigenization...

Tax war won at cost

Last year it was the Democratic Republic of Congo. This year it is Zambia.Both African countries have driven through draconian changes to their mineral tax regimes, overcoming the entrenched opposition of some of the world's biggest...

Should EPOs be scrapped?

Last month Zimbabwe Miners Federation (ZMF) sent a letter to the Mines Minister, Winston Chitando. ZMF stated that they were against the application of Exclusive Prospecting Orders (EPOs) due to the fact that EPOs are against...

Oil demand to hit zero in 2030

By 2030, oil demand could hit a peak and then enter decline, according to a new report.For the next decade or so, oil demand should continue to grow, although at a slower and slower rate. According...

Policy changes show Zim is open for business

Zimbabwe wants to emphasise that it is open for business, with several policy interventions to underline its intentions, according to Winston Chitando, the country’s Minister of Mines and Mining Development.Chitando was a guest speaker at a...

Need for mining players to merge forces

Mining is one of Zimbabwe’s largest foreign currency earners, contributing more than 60% of the forex earnings. It also constitutes about 15% of gross domestic product (GDP), between 8 to 12% of government revenue and more...

Miners oppose EPOs applications

Zimbabwe Miners Federation (ZMF), the umbrella body representing small-scale miners, is opposing applications for Exclusive Prospecting Orders (EPOs) made by 11 local and international mining companies, which are currently under consideration by the mining affairs board.In...

Mining investment on the rise

The Mining Affairs Board, a statutory body under the Ministry of Mines and Mining Development, is currently processing applications for Exclusive Prospecting Orders (EPOs) from 11 local and international mining companies, as authorities step up efforts...

Mining earned more than 3,4 billion

The mining sector earned more than US$3,4 billion last year, driven by high international metal prices and record breaking output particularly for gold, diamonds, chrome and nickel.This saw the Zimbabwe Revenue Authority (Zimra) getting over US$95...

Kazakhstan companies keen on Zim investment

REPORTS say over 50 Kazakhstan companies have expressed keen interest in partnering Zimbabwean counterparts in various business and economic development spheres.The companies' representatives met President Mnangagwa at his delegation at a Zimbabwe Kazakhstan Business Forum in...

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