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Accounting firm warns exorbitant taxes may drive mining companies out of Zim

By: Oscar Nkala Accounting firm Deloitte & Touche says some mining houses operating in Zimbabwe might be forced to eventually leave the country if mining taxes and royalties, which are much higher than those levied in other countries in the region, are not revised downwards. 

Zimbabwe partially rejects Mimosa indigenisation plan

By: Natasha Odendaal Platinum miners Impala Platinum (Implats) and Aquarius Platinum said on Friday that Zimbabwe had rejected a portion of the indigenisation plan for the Mimosa mine, which they jointly own. Implats said it would negotiate with Youth Development, Indigenisation and Empowerment Minister Saviour... 

Mugabe’s indifference causes chamber concern

By: Oscar Nkala The Zimbabwe Chamber of Mines says it is worried about the indifference of President Robert Mugabe’s government towards the worsening operating conditions in the gold-mining sector, which it says have led to an accelerated slide in production since the beginning of the year. 

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