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Mining in Zimbabwe

Legislation expected to cause unintended consequences 

By: Tracy Hancock     2nd September 2011 Advisor in mineral valuation and statutory compliance Venmyn says the controversial Indigenisation and Economic Empowerment Act, No 14 of 2007, promulgated by the Zimbabwean government, contradicts accepted mineral resource reporting practices. “The legislation will result in many unintended... 

Marange diamonds still a hot topic in mining

By: Joanne Taylor     2nd September 2011 Only two diamond mines in Zimbabwe are certified by industry and civil society the Kimberley Process to export diamonds, namely Murowa mine, which is owned by international mining company Rio Tinto and the River Ranch mine, owned by a Dubai-based mining company. 

New steel and mining entity

     2nd September 2011 The Zimbabwe government and business services company Essar Africa Holdings Limited (EAHL) have launched two new entities, NewZim Steel (NZS) and NewZim Minerals (NZM). 

Political uncertainty hampering investments

By: Joanne Taylor     2nd September 2011 Consulting engineers SRK Consulting is taking part in the Zimbabwe Mining Indaba in September, this time with a stand to engage with potential clients more effectively. 

Prospective projects for Zimbabwe

     2nd September 2011 A number of mining projects are currently under way in Zimbabwe, and are expected to attract foreign investment into the country, a press release from networking forum Africa Exchange reports. 

Reopened gold mine exceeding expectations

     2nd September 2011 Mwana Africa’s Freda Rebecca Gold Mine (FRGM) has just completed Phase 2 of the construction programme on schedule and on budget. 

Risks of mining in Africa

     2nd September 2011 The eagerness with which global miners are investing in Africa, including Zimbabwe, belie the risks that operating mines on the continent hold for the unwary investor, states a press release from insurance broker Alexander Forbes Risk Services. 

Third mining indaba to reveal all

By: Joanne Taylor     2nd September 2011 The mining industry in Zimbabwe has experienced interesting developments since the first Zimbabwe Mining Indaba was held two years ago, says Utho Group executive director Sheila Galloway, who adds that the potential of the country’s mining industry is unparalleled globally, with forecast... 

Chamber eyes 30% growth for 2010

By: Jonathan Faurie     3rd September 2010 The Zimbabwe Chamber of Mines reports that the country’s mining industry could grow by as much as 30% in 2010, should power availability improve within the country and if more working capital is made available to mining companies. 

Consulting engineer sees opportunity in industry upswing 

By: Jonathan Faurie     3rd September 2010 Diversified consulting engineers and scientists SRK Consulting has taken advantage of the current rejuvenation of the mining industry in Zimbabwe to set up a fully functional office in the country, similar to the recently established office in the Democratic Republic of Congo (DRC). 

Forging ahead despite bureaucratic hurdles

By: Jonathan Faurie     3rd September 2010 South African project management and engineering company DRA Mineral Projects reports that, despite the company’s continued involvement in Zimbabwe’s only three working platinum mines - Unki, Mimosa and Ngezi - operating in Zimbabwe is becoming increasingly difficult owing to added bureaucratic... 

Indaba to focus on Zimbabwe’s business environment

By: Jonathan Faurie     3rd September 2010 The second annual Zimbabwe Mining Indaba will focus this year more on the business-operating environment in Zimbabwe, rather than the country’s political landscape, reports Indaba organiser Utho Capital. 

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