minimum operating standards for mining industries in zimbabwe

US$12 billion Zim mining industry by 2023

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, …

24 Challenges faced by Artisanal, small-medium scale

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.

Zimbabwe miners say costs, power shortages dampen 2023 growth

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 ...

Statutory Instrument 185 of 2021. [CAP. 21:05

The application fee is not refundable. 2. All fees may be payable in foreign currency at the prevailing official exchange rate.". The Mining (General) (Amendment) Regulations, 2021 (No. 25), published in Statutory Instrument 46 of 2021, are repealed. Supplement to the Zimbabwean Government Gazette dated the 25th June, 2021.

CORPORATE SOCIAL RESPONSIBILITY IN THE MINING SECTOR IN ZIMBABWE

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 ...

Mining and Extractives Industry – Zimbabwe Environmental …

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.

Zim 2021 large scale mining operations

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 …

Key Mining projects and plant upgrades in Zimbabwe

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.

Health and Safety Laws for Employees at Work in Zimbabwe …

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's gold production up as new mines begin production

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 …

SECTOR | IH Zimbabwe Mining Sector Report 2022

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, …

Occupational Health and Safety in the ASM sector

Artisanal and small-scale mining (ASM) is a source of livelihood in Zimbabwe. It employs more than five hundred thousand workers directly and three million indirectly (Parliament Zimbabwe, 2017). However, ASM activities can damage the environment and pose health and safety risks to workers and surrounding communities. …

Mining in Zimbabwe in 2020: Achievements, the good and …

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.

State of mining industry report

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 …

State of mining industry report

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 ...

Large scale mining operations in Zimbabwe

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.

Mining Tax Highlights in Zimbabwe, January 2024

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 …

Mining Laws and Regulations Report 2024 Ghana

The Government has also introduced the Growth and Sustainability Levy Act, 2023 (Act 1095) which requires mining companies, among others, to pay a levy at a rate of 1% of their gross production. The levy is payable in respect of profits before tax or production for the 2023, 2024 and 2025 years of assessment.

(PDF) Mining and Minerals Revenue Distribution in Zimbabwe: Learning

• Corporate Social Responsibility (CSR): There is need for the CSR to be a legal issue so that mining companies will be legally required to assist communities in which they are operating in. • Creation of a Fund for Mining Revenue: It has been noted that a lot of countries that are investing mining revenue have a fund where the proceeds ...

Zimbabwe

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 …

State of mining industry report

The report looks at key highlights, mining business confidence, local content and corporate social investments in the mining industry, expectations of the artisanal and small-scale mining sector …

Transforming Zimbabwe's mining sector: A path to prosperity

With the creation of employment opportunities, increased investments, and a targeted plan to become a US$12 billion export industry by 2023, Zimbabwe's mining sector is poised to contribute ...

General Mining Regulations in Zimbabwe full document

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

Mining and Extractives Industry – Zimbabwe …

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 …

Annual Report

Mining Industry Key Highlights 10% mining sector growth 15% 10% Gold deliveries up Diamond output up Mining industry formal employment 81% Mineral exports Capacity Utilisation growth in mineral exports 18% 53,000 2022 - Key Highlights USD5.6bn

Mining in Zimbabwe: The need for government intervention

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 ...

Statutory Instrument 185 of 2021. [CAP. 21:05

The Mining (Management & Safety) Regulations S.I. 109 of 1990 and the Mining (Health & Sanitation) Regulations S.I. 185 of 1995 regulate the health and safety …

Ten Exemplary Small Scale miners of 2020

Sithole through his mine Chimona Mining has been leading in social corporate responsibility in 2020. The mine scooped the 2014 Corporate Social Responsibility award in the Small-Scale Mining Sector …

Statutory Instrument 95 of 2020. [CAP. 21.05]

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 …

About Zimbabwe

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.