Mining Sector Dominates License Issuance in Q2 2024

the mining sector emerged as the leader in license issuance, surpassing other industries. 65 mining licenses were granted, amounting to $282.74 million ... Zimbabwe gold buying prices per gram 7 August 2024. ... Mining Zimbabwe is a leading publication and online platform that covers the mining industry in Zimbabwe. We provide up-to-date news ...

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Zimbabwe

An ordinary prospecting license or licenses may be issued to any person who is a permanent resident of Zimbabwe by a mining commissioner upon payment of the prescribed fee.

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Zimbabwe Kicks-Off Project to Reduce Mercury Use in …

Zimbabwe's artisanal gold mining activities result in more than 24 tonnes of mercury being released annually. The five-year planetGOLD Zimbabwe project is financially supported by the Global Environment Facility (GEF) and implemented by the United Nations Environment Programme (UNEP). The project is executed by the international non-profit ...

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Approved Prospector (pegger) registration certificates

Pegging is posting prospecting notices and registration and establishment of temporal beacons before submitting an application for registration to the Ministry of Mines and Mining Development. When a Prospecting Licence holder has identified a mineral deposit that he/she is interested in, he/she appoints an agent or an Approved Prospector to peg on his behalf.

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Govt bans alluvial mining

Source: Govt bans alluvial mining. -Newsday Zimbabwe GOVERNMENT has gazetted new regulations banning mining activities by individuals granted special permits in response to the environmental damage caused by alluvial mining along several rivers. This comes hardly a month after two Chinese companies were banned from engaging in alluvial gold …

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Apply for a prospecting licence

Prospecting licences allow prospectors and small-scale miners to explore or mine in an area less than five hectares. They can be issued to individuals or corporations. The licence provides the holder with the right to apply for a mining or …

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Mining Without a License Leads to a Two-Year Prison Term

In a crackdown on illegal mining activities, two men have been sentenced to two years in prison for prospecting without a license, highlighting the risks of unauthorized gold mining along Chivero Road, the National Prosecuting Authority of Zimbabwe announced.. By Patricia Rwafa. Foster Mutero (38), of Bodo Village under Chief Mashayamombe, Mhondoro, and …

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Mining Matchmaking

The platform is developed to connect mining claim holders in Zimbabwe with both local and international investors. It facilitates partnerships for technical assistance, tributary partnership, joint venture partnership, debt funding, or finding a buyer for mining claims. ... License Renewal Procedure and Grace Period Extension. Insights Valuable ...

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An Overview of Mining Law in Zimbabwe | Muvingi and …

2. Mining Rights and Licensing. Prospecting and Mining Licenses: To engage in mining activities, companies must apply for and obtain the appropriate licenses. This includes a prospecting license for exploration and a mining lease for extraction. Mineral Rights: In Zimbabwe, mineral rights are separate from land rights.

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Gold dealing licence now pegged at US$200 000

Gold dealing license fees have now been pegged at us$200 000 per year. This was announced by the Minister of Finance and Economic Development via SI ... Mining Zimbabwe is a leading publication and online platform that covers the mining industry in Zimbabwe. We provide up-to-date news, insights, and analysis on the country's mining sector ...

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Muzarabani oil and gas exploration license renewed

Geo Associates (Pvt) Ltd (Geo Associates), the Company's 80% owned subsidiary and holder of Special Grant 4571 has received notification that its application to extend the tenure of the SG 4571 License for a further three years has been approved by the Mining Affairs Board. "This will be followed by publication in the Government Gazette.

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Mining Sector

Zimbabwe boasts a rich and diverse geological landscape that has earned it a prominent place on the global mining map. With close to 40 different minerals including abundant deposits of gold, platinum, diamonds, lithium, coal, chrome, nickel, and a host of other valuable minerals the country stands as an attractive location for investors seeking emerging opportunities in the …

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Caledonia, Gold Export and the Law in Zimbabwe

On 4 May 2023, Mining Zimbabwe reported that Caledonia Mining Corporation Plc has commenced the direct sale of gold produced from the Blanket Mine to a refiner outside Zimbabwe. By James Tsabora (PhD) & Reginald Mutero (LLM) This was a massive development in Zimbabwe's mining community since the area of mineral export is of concern to many mineral …

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Starting A Small Scale Gold Mining Business In Zimbabwe

Small scale gold mining has hit Zimbabwe by storm over the past couple of years. Being someone intimately familiar with Mashava I know this too well. ... Just to give an example, prospecting license, registration fee, pegging fee, and site plan can cost an approximate total of US$1500. Suffice to say you will need to secure quite a lot of money ...

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Navigating Compliance in Zimbabwe's Gold Mining Sector: …

Zimbabwe's gold mining sector is a significant contributor to the country's economy, with numerous players involved in the extraction, processing, and trading of gold. However, the sector is governed by a complex web of regulations, laws, and stakeholders. ... – A. Mine Registration and Licensing – 1. Registration with Mining Affairs ...

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The Chronicle

ONLY gold refiners shall be liable to pay the newly gazetted US$200 000 licence trade fees, the Zimbabwe Reserve Bank Governor, Dr John Mangudya has said. ... that gold licence fees are now pegged ...

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Zimbabwe

Prospecting Licence An ordinary prospecting license or licenses may be issued to any person who is a permanent resident of Zimbabwe by a mining commissioner upon payment of the prescribed fee. The rights conferred by a ... 10%; gold – 5%; other precious metals – 4%; industrial and base minerals – 2%; and coal – 1%. A

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Cabinet approves a new Lithium Ore Policy

The Lithium Ore Purchase License will be a requirement for an entity to buy ores from miners, and a local processing plant will be mandatory for getting the license. ... Zimbabwe Kicks-Off Project to Reduce Mercury Use in Artisanal and Small-Scale Gold Mining. NEWS December 23, 2024. Coal will continue to stay. NEWS December 23, 2024 ...

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Ban All Foreign Small-Scale Gold Mining in Zimbabwe

"The Zimbabwe Investment Licence should indicate your intention to reinvest in the country, whether it's $2 million or $5 million. It should specify the area you'll be operating in, such as mining in Chinhoyi or Makaha, and the amount of equipment you'll bring in," he said. ... Chinese involvement in Zimbabwe's small-scale gold ...

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Gold Trade Act

[Note: This version of the Act was revised and consolidated by the Law Development Commission of Zimbabwe. This version is up-to-date as at 31st December 2016.] ... Every holder and every tributor shall, not later than the 10th of every month, deliver to the holder of a gold dealing licence all gold won by him from his mining location during ...

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Who is Zimbabwe's Biggest Gold Producer? Freda, Blanket, …

Dallaglio Investments, a subsidiary of Padenga Holdings, has been making notable strides in Zimbabwe's gold mining sector, driven by strong performance at its Eureka and Pickstone Peerless Mines. In the first half of 2024, Dallaglio reported selling 1,351 kg of gold, a 25% increase compared to the 1,080 kg sold in the same period in 2023. ...

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Gold mining in Zimbabwe

The mines were acquired from Anglo American Corporation Zimbabwe Limited (AMZIM) in 2003 together with most of AMZIM's gold mineral rights in Zimbabwe. Eureka Gold Mine. Eureka Gold Mine is located about …

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Scott speaks on Gold Buyers License Renewal Hurdles

In Zimbabwe, the renewal of Fidelity Gold Refinery (FGR)'s issued gold-buying licenses has become a challenging process for many buyers, with a significant number failing to meet the set targets, resulting in non-renewal.. The issue has sparked discussions about the common pitfalls faced by buyers and the strategies necessary to navigate these challenges …

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