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 Gross Domestic Product (GDP) and the diverse mineral base has the potential to generate about US$18 billion annually, experts say.

New Fiscal Framework for the Mineral Sector. 12. The development of the new Fiscal framework for the Mining Industry is underway. The Review is intended to streamline …

IT is hereby notified that the Minister of Mines and Mining Development has in terms of section 403 of the Mines and Minerals Act [Chapter 21:05] made following …

Standards Association of Zimbabwe. Northend Close, Northridge Park, Borrowdale, Harare. Tel: +263 242 882017/8/9, 242882021, 242885511/2. Medicines Control Association of Zimbabwe. 106 Baines Avenue, Harare. Tel: 263 242 736 981. Describes the country's standards landscape, identifies the national standards and …

Tailings Landscape - Global Mining Guidelines Group. This 2019 study of approximately 30 guidance documents, project initiatives and standards from around the world was undertaken by GMG and Cambrian College. It offers an understanding of existing practices and initiatives covering mine tailings throughout the global mining industry.

The sector contributes more than 60% of Zimbabwe's export receipts, attracts more than 50% of foreign direct investment (FDI), contributes about 13% to GDP and generates significant employment. In 2021, the mining industry attained USD5.46 billion in exports against a targeted projection of USD8 billion during that period.

In addition to taxes, mining entities are required to pay royalties to the State. These royalties are calculated as a percentage of the gross fair market value of minerals produced and sold. The rates vary depending on the type of mineral, as follows: • Diamonds: 15%. • Platinum: 10%.

Taxation. The prevailing taxation regime for mining companies in Zimbabwe includes the following provisions: Corporate Income tax at 25,75%. Exploration, development and capital costs can be deducted against taxable income in the year incurred or carried forward to be deducted against future taxable income.

Mining and Extractives Industry. The lack of public access to relevant and accurate extractives (mining, oil and gas) information is a major issue. Since the decline of the agricultural sector mining emerged as the …

The Renco Mine is 100 per cent owned by RioZim Limited. The mining rights are held through mining claims, a mining lease, and a special grant covering a total area of 2 736 hectares. The mine is located in the South-East of Zimbabwe in Nyajena communal lands, approximately 75km southeast of Masvingo.

INSIDE MINING ZIMBABWE. 04. NEWS. Top 10 Operating Mines in 16. Zimbabwe 2019. MINERAL FOCUS. Minerals and Location in . 30. Zimbabwe. FEATURE ARTICLE: Top …

Findings showed that mining companies operating in Zimbabwe were not adequa tely prepared for Industry 4.0. This was mainly because of the state of the Zimbabwean economy which made it difficult

Zimbabwe: Renewed thrust to increase production. According to government estimates, mining sector production grew 3.4% in 2021 while receipts were up 25% y/y to US$5bn in 2021 supported by firm international prices and a raft of measures taken towards turning the sector into a US$12bn industry by 2023. Going into 2022, …

Collective Bargaining ensures active involvement of both the interested parties to the NEC in coming up with the minimum governing standards package of the industry. The package usually speaks to the following components; wages and salaries, hours of work, leave, health and safety issues, employee benefits, work-life balance and many others ...

Madhatter Mining Company (PVT) Ltd. Address: 3 Trafford Rd, Heavy Ind Sites, Gweru, Zimbabwe, Zimbabwe. See full address and map. Categories: Mining Companies Corporations

Mining and Extractives Industry. The lack of public access to relevant and accurate extractives (mining, oil and gas) information is a major issue. Since the decline of the agricultural sector mining emerged as the leading sector for economic revival. In 2012 mineral exports accounted for 64% of total exports.

Data on various payments made to government by major mining companies operating in Zimbabwe which are either registered or listed in EU, UK and Canada is already in the public domain. Such companies include Caledonia's Blanket Mine which promotes tax revenue transparency because of Canada's Extractive Sector Transparency Measures …

The mining industry has of late become the country's largest foreign currency earner with nickel, gold and platinum group of metals leading in fetching the country the much-needed forex.The government through the Ministry of Mines and Mining Development has a vision for the mining industry to earn the country US$12 BILLION …

operating in Zimbabwe frequently engage in a wide range of corporate social responsibility (CSR) endeavours, encompassing activities such as health improvement, education al support and event ...

A COUPLE of weeks back, Zimbabwe Chamber of Mines published its state of the mining industry survey report looking at issues faced by the industry and prospects for 2022. To ensure objectivity, the …

Gold deliveries for the first ten months of 2021 totalled 22 tonnes, up from 16 tonnes in the same period last year, according to numbers released this week by Fidelity Printers and Refiners (FPR). Gold exports, Zimbabwe's most valuable resource, dropped from US$1.60 billion in 2019 to US$980 million in 2020. The RBZ blamed Covid-19 …

Zimbabwe's hopes for a quick economic recovery and sustainable foreign exchange stability rest on the shoulders of its multibillion-dollar mining industry. By Francis Shingi Nhunzvi and Victor Bhoroma Beyond the productivity bottlenecks of the past 2 years, mining commodities earned the country US$2.91 billion in 2019 (9% down from the 2018 …

The Ministry of Mines and Mining Development is mandated to enforce occupational health and safety in mining operations. According to the Mines and Minerals Act all mining companies are to submit site plans for approval by the Ministry of Mines and Mining Development. The site plans depict positioning of the works like compounds for …

The Herald. Zimbabwe's President Mr Emmerson Dambudzo Mnangagwa yesterday launched a strategic roadmap to the achievement of a US$12 billion mining industry by 2023 as Government ramps up efforts to increase the sector's contribution to the economy. Already, the mining sector is critical in generating foreign currency, …

The provision for workplace safety are awarded under the Mines and Minerals Act, Chapter 21:05 and its regulations: The Mining (Management & Safety) Regulations S.I 109 of 1990. The Mining (Health & Sanitation) Regulations S.I. 185 of 1995. Industrial Sector. The main pieces of legislation covering industry are the Pneumoconiosis Act (Chapter ...

Zimbabwe is clearly in need of foreign currency and the mining industry should be well positioned to provide the same but investors and sponsors need comfort that, after settlement of local ...

This article was written by a Small-scale miner highlighting the many challenges faced by small-scale and artisanal miners in Zimbabwe. 1. ELECTRIFICATION OF CLAIM/MINE. We understand the high cost involved in the daily operation of our mines due to the continuous request and purchase of cell batteries and head torches.

INSIDE MINING ZIMBABWE. 04. NEWS. Top 10 Operating Mines in 16. Zimbabwe 2019. MINERAL FOCUS. Minerals and Location in . 30. Zimbabwe. FEATURE ARTICLE: Top ten Operating mines in Zimbabwe 2019 (full story on page 16) 20. How young women can be incor-porated into small scale mining. 22. What needs to be done to improve ASM in …

General Mining Regulations in Zimbabwe full document. See document HERE.

An industry report published by Zimbabwe's Chamber of Mines, which represents the country's major mining firms, says the sector will experience a slower 7% growth next year, from a projected 8 ...

The main aim of this report is to provide a guideline on illumination standards, practices, principles and applicable aspects for equipment operating in underground and surface mining operations in the South African Mining Industry (SAMI). The contents of …

Since 2018 Zimbabwe has re-focused its attention on the mining industry's potential, thus re-structuring its policies and regulatory framework. In this article our Mining Law Practice group outlines the Major Mining Tax Highlights for 2024. The new Finance Act, 2023 (No. 13 of 2023),which came into operation on the 1st of January 2024 …

However, with an estimated 400 000 miners now operating illegally in Zimbabwe, the cumulative mining activities represent a major threat to people's livelihood security and to the integrity of ...