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The chapter discusses Zimbabwe's mining sector and the governance challenges currently facing it, as well as China's likely motives for entering Zimbabwe's mining sector and the key characteristics of its investments in the mining industry.
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KEY POINTS. Chinese investors are mining in Zimbabwe's mountainous areas, severely damaging the landscape. ... Inflation remains high and the new wealth created by such mining activities has not reached the common people. People living in the affected areas are most at risk. The consequences of environmental degradation and social instability ...
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Mining Zimbabwe is a leading publication and online platform that covers the mining industry in Zimbabwe. ... The publication serves as a key source of information for industry stakeholders, including miners, investors, government agencies, and service providers, promoting responsible mining practices and economic growth in Zimbabwe. ...
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The mining sector remains a vital engine for Zimbabwe's economic growth, contributing significantly to the country's GDP, export revenues, and economic development. On November 28, 2024, the Minister of Finance and Economic Development delivered the 2025 National Budget under the theme "Building Resilience of Sustained Economic ...
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Speaking at the recent Zimbabwe Alternative Mining Indaba (ZAMI) ... Zimbabwe could establish itself as a key player in the green economy, with opportunities to lead in areas such as battery production, electric vehicle components, and renewable energy technologies. ... New 70% Forex Retention Policy Threatens the Sector. NEWS February 7, 2025.
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This handbook constitutes one of the battles being fought by civil society organisations to promote and protect the rights of communities living adjacent to mining areas against the operations of extractive industries, the state and other individuals who violate their Environmental, Economic, Social and Cultural Rights...In Marange, diamond mining...has resulted in a lot of human rights ...
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Mining is said to account for about 5% of Zimbabwe's Gross Domestic Product, about 4.5% of employment and about a third of all total foreign exchange earnings. The mining sector is very lucrative, with immense opportunities for investment.
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The MoU aims to expand mining capacity and establish key value addition infrastructure, including a new smelter and refinery. Minister Chitando highlighted that Zimplats had already invested approximately US$1.1 billion of the total US$1.8 billion commitment.
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Professionals, Investors, Researchers and Academician who are interested in gaining key information about Casmyn Mining Zimbabwe Limited, this report is a crucial source to them. While producing this report, we have followed a standardized research methodology which assures our data quality and authenticity.
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Globally, to replace minerals that the country is mining, around 10 per cent of all capital expenditure in mining goes towards exploration, however, in Zimbabwe, it is near to 0 per cent with the Finance Ministry throwing up ridiculous budgets for exploration. Clearly, Zimbabwe has lagged behind the rest of the world in terms of mining.
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New Investments in Zimbabwe's Mining Sector. In recent years, Zimbabwe has witnessed a surge of new investments in its mining sector, driven by a combination of …
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Discover the latest news in Zimbabwe's mining sector, including gold, platinum, chrome, lithium mining developments. ... The publication serves as a key source of information for industry stakeholders, including miners, investors, …
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Zimbabwe, dealing with its worst economic crisis in more than a decade, is pursuing an ambitious plan to boost mining output and earn the country $12 billion a year. Platinum mining is seen as a ...
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Explore the foreign investment landscape in Zimbabwe, highlighted by both opportunities and challenges. This comprehensive guide covers the open and restricted sectors for foreign investors, ownership caps, regulatory frameworks, and the evolving economic environment. Learn about key industries like mining, agriculture, and tourism, as well as …
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Acccording to New Zimbabwe, Chaumba stressed that information about which politically exposed people are supporting these unlawful activities should be made public. A number of government agencies, including the Office of the President and the Zimbabwe Anti-Corruption Commission, have received copies of the ACT-SA report.
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Speaking at a recent Strategic Dialogue on Mineral Governance, organized by the Zimbabwe Environmental Law Association (ZELA) and ActionAid Zimbabwe, ZELA's Obert Bore delivered a compelling presentation on the crucial role Zimbabwe can play in this global shift. He began by addressing the pressing realities of the climate crisis.
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Mining Sector. Zimbabwe is a mineral resource rich country, extracting over 40 different minerals. ... it has been identified as one of the key pillars of Zimbabwe's economic growth. ... This is meant to promote investment in tourism infrastructure around the area. Furthermore, the Victoria Falls International Airport was modernised and ...
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Dr. Chiwenga also mentioned the opportunity for Zimbabwe to manufacture lithium batteries and subsequently become a key player in the electric vehicle manufacturing industry, urging Southern Africa Development Community (SADC) countries to prioritize beneficiation and value addition of minerals.
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In a notice, the lithium miner announced the suspension of key mining contractors, with the Dense Media Separation (DMS) plant set to shut down starting this month due to lithium market challenges. According to the notice, mining contractors Hocean, Kinsey, Anxin, and KW have been affected.
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PRESIDENT Emmerson Mnangagwa has invited investors, who graced the just ended Africa Development Bank (AfDB) organised event, to tap into the country's agricultural, mining and manufacturing ...
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The facilitation of investment and any matters related to investment in Zimbabwe are generally governed by the Zimbabwe Investment and Development Agency which is responsible for facilitating, promoting, implementing, and regulating investment in Zimbabwe. With the aim of providing certainty in law and supplement the regulations regarding investments, two key …
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The Zimbabwe government is actively courting Canadian investors to tap into the country's rich mineral resources. The Zimbabwe Investment Development Agency (ZIDA) and the government are working to conclude talks regarding Exclusive Prospecting Orders (EPOs) and the export of mineral claims to attract Canadian investors.. By Ryan Chigoche. This was …
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After more than 150 years, mining remains a critical pillar of our economy. Mining is a significant contributor to export earnings, it is an important source of foreign direct investment, and directly employs nearly half a million people. And we expect mining's significance and contribution to our economy to grow.
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The Zimbabwe mining sector is set to experience a remarkable 140% surge in capital investments in 2025, with projected spending expected to reach US$495.94 million, up …
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In 2023 alone, Chinese companies invested roughly $16 billion in foreign mining projects, the highest figure in a decade. This surge in investment has raised concerns among resource-rich nations like Zimbabwe, where local ownership and financial returns from mineral extraction are increasingly diminished.
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The Chinese-owned Zimasco has since ceded half its mining claims to the government. ZimAlloys is yet to comply with the directive and analysts say how the firm deals with the matter will be key in ...
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Exploration and development of new mining projects. By investing in Zimbabwe's public listed mining companies, investors can gain exposure to the country's mineral resources while benefiting from the sector's potential for growth, technological advancements, and sustainable practices. The Agricultural Sector
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The report's analysis of sectoral investment performance offers valuable insights into the diversification of Zimbabwe's economy. Mining remained the most active sector by …
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The Parliamentary Portfolio Committee on Mines and Mining Development launched an extensive outreach programme from March 13 to 17, 2025, aimed at engaging with small—and large-scale mining operations across Zimbabwe.. By Ryan Chigoche. The initiative is set to cover various key mining regions, offering a unique opportunity for stakeholders to collaborate, discuss …
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