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Zimbabwe's biggest miners seek $182 million for solar projects

Some of Zimbabwe's biggest miners are seeking $182 million to develop 200 megawatts of locally-generated solar power, according to the head of the …

Large scale mining operations in Zimbabwe

Controversial Chinese mining company, Anjin operates diamond mining in Zimbabwe at the Chiadzwa mining fields in Marange. Anjin had to shut operations back in 2015 after the Mugabe administration forced the closure of seven mining companies and the subsequent merger of their assets into the Zimbabwe Consolidated Diamond …

2019 Minerals Yearbook

State-owned companies involved in the mineral sector included mmCZ, Zimbabwe mining Development Corp. (ZmDC) and its subsidiaries, and subsidiaries of the state-owned …

Zim 2021 large scale mining operations

Controversial Chinese mining company, Anjin operates diamond mining in Zimbabwe at the Chiadzwa mining fields in Marange. Anjin had to shut operations back in 2015 after the Mugabe administration forced the closure of seven mining companies and the subsequent merger of their assets into the Zimbabwe Consolidated Diamond …

Zimbabwe's 2024 Mining Outlook

Harare- In October 2023, Sibanye-Stillwater, a multinational mining company, implemented a restructuring process aimed at reducing costs, which could potentially lead to the loss of over 4,000 …

The Impact of Foreign Direct Investment in the Mining …

ZMRTI Zimbabwe Mining Revenue Transparency Initiative ZIMRA Zimbabwe Revenue Authority ZCC Zimbabwe Chamber of Commerce. EXECUTIVE SUMMARY The study interrogates the social, economic ... can also be abused by the multinational companies who normally exhaust their initial 5 years, close shop, and come under a different name …

EXTRACTIVES AND SUSTAINABLE DEVELOPMENT II

Zimbabwe as well - has not resulted in social and economic development and has at times been mired in scandal. There is an emerging consensus that the extractive sectors are externally driven and continue to benefit multinational companies and a few national elites at the expense of local communities and citizens in general.

THE IMPACT OF POLITICAL RISK ON THE LOCATION DECISIONS OF MULTINATIONAL

The purpose of this study was to assess the nature of political risk in Zimbabwe and strategies used by MNCs in managing the risk. The study was done through a survey on perceptions of decision ...

Zimbabwe's top diamond mining firms agree to …

Most of the companies in Zimbabwe, one of the world's top diamond-producing nations, concentrate on alluvial diamond mining, which requires less capital as they are easily extractable through ...

Zimbabwe: Conflicts between Chinese mining companies

Similarly, in Marange, Manicaland province, Chiadzwa villagers are resisting eviction to pave way for diamond mining by Chinese company Anjin Investments. In Chivhu, Mashonaland East province, Chinese multinational company, Tsingshan Group Holdings is seeking to displace hundreds of villagers to kick-start iron and steel mining …

Making Environmental Accounting Work: Case of the …

Zimbabwe Mining Industry . ... Mining Companies' executives which are dominant companies in mining gold, nickel, asbestos, coal, copper and chromite, 20 government organisations representatives and 16 mining communities' heads (8 Chiefs and 8 Headmen) were done. Community heads were interviewed

News in depth:push for $12 bil industry imperils communities

"There is no doubt that multinational and foreign companies understand the polluter pays principle, the major challenge is failure to respect the law in place," Maguwu said. ... De-Troop, which is run by Chinese firm Jiangxi Risheng Mining Company, is situated along the Angwa River, about 170 kilometres north-west of Harare in Makonde ...

Corporate Social Responsibilities: A Comparative Study of …

Botswana, a country neighboring Zimbabwe and South Africa and belonging to SADC region, has benefited from its diamond resources and has gained political stability, democratic government, and remarkable economic growth which has eluded Zimbabwe. In South Africa mining companies contribute about eight percent to …

About Us

Peter has worked in the mining industry in Zimbabwe for more than 30 years. He joined Hwange Colliery Company in 1992 and worked as an Industrial Relations Officer for four years. In 1996 he joined ZIMASCO's …

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Caledonia Mining Corporation Plc ("Caledonia" or the "Company") is a Zimbabwean focused exploration, development and mining corporation. Caledonia owns a 64% stake in the gold-producing Blanket Mine …

An empirical assessment of how the government policies …

Zimbabwe crafted indigenous policies to redress the dominance of the multinational companies and focused on the SMEs which was embraced by the local communities. The Indigenisation and Empowerment Policy (IEP) of Zimbabwe and the Zimbabwe Industrial Development Policy (2012–2016) was enacted in order to improve …

Fiscal incentives or tax policies for Mining

Responding to mining Zimbabwe's question "What fiscal incentives or tax policies do we have in place to encourage mining investment and ensure a competitive environment for foreign companies seeking to invest in Zimbabwe?" this is what the Minister of Mines and Mining Development said. INCOME TAX. Allowable Deductions/ …

Are mining-induced displacement and resettlement losses …

Chanakira et al. (2019), Hilson (2019) and Lesutis (2019) also established similar findings that the mining companies, notably the multinational companies, are unresponsive to the needs of mining ... Zimbabwe's mining laws should see to it that the following displacement-related disruptions are avoided at all costs: "widespread ...

Top Ten operating mines in Zimbabwe 2019

Following the consolidation of diamond mines by the Government, there has been sanity and order in that sector. Production has been consistent and this also saw Government injecting a considerable amount of investment capital to boost production. The diamond miner, however, is targeting …

European Union revokes sanctions on Zimbabwe's …

The European Union is withdrawing all sanctions against the state-run Zimbabwe Mining Development Corporation (ZMDC) following increasing pressure from members, especially from Belgium, the global ...

An Assessment of the Political Risk Management Strategies …

In Kenya mining industry, local government plays not only a role of administrator and supervisor, but also a role of special interests subject in some cases. ... And their device, if only they are prepared to use it is the multinational company. Zimbabwe is set apart from many other African countries by its comparatively good factor endowment ...

The top 50 biggest mining companies in the world

Despite gold's price slump, strong copper and iron ore prices lifted MINING's ranking of the world's 50 most valuable miners to a new record high of $1.35 trillion.

REPORT ON THE STATE OF BUSINESS AND …

Zimbabwe's mining sector has long been characterised by deep-seated flaws and challenges that have an adverse impact on human rights. The extraction of minerals such as gold, diamonds, coal and …

Lack of mining statistics in Zimbabwe a course for concern

While some domestic and multinational companies are still operational, most are operating below normal capacity utilisation levels. ... An attempt at promoting public disclosure of revenues through the Zimbabwe Mining Revenue Transparency Initiative (ZMRTI) in 2012-2013 was peremptorily rejected by the Ministry of Mines and is …

Illicit financial flows and inequality in Africa: How to …

The extent to which multinational companies currently comply with various financial disclosure rules is assessed through a review of two companies operating in Zimbabwe. ... Ndamba and Chisaira, 'Responsible Investment in the Natural Resources Sector: An Analytical Profile of the Mining Sector in Zimbabwe', 2016, Zimbabwe …

Foreign entities can now fully own mines in Zimbabwe …

The amendment was seen by many as a way of reintroducing the country's controversial indigenisation laws on the mining sector. READ | Zimbabwe to fund white farmers' compensation with mine revenue. However, following an outcry, the section will now be deleted, meaning foreign entities can now fully own mines in Zimbabwe, …

Foreign investor lines up US$7 billion mining deal

Zida's 2023 report highlights another substantial deal in the mining sector, with Innermost Resources Zimbabwe (Pvt) Ltd proposing a US$1,4 billion investment for the mining and processing of gold ...

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Caledonia Mining Corporation Plc ("Caledonia" or the "Company") is a Zimbabwean focused exploration, development and mining corporation. Caledonia owns a 64% stake in the gold-producing Blanket Mine ("Blanket"), stakes in the Bilboes mine and the Motapa and Maligreen gold mining claims, all situated in Zimbabwe.

Gold mining in Zimbabwe

RioZim. Rio Zimbabwe, a diversified miner owns two gold mines which are Renco Mine and Cam and Motor Mine in Kadoma and many more scattered across the country.. Metallon Corporation. …

Top 10 Biggest Companies in Zimbabwe – 2023 List

The company was established in 2007 and has a portfolio of prime land and properties in Harare. WestProp Holdings is the first real estate company to be listed on the Victoria Falls Stock Exchange …