Zimbabwe s mining minister Winston Chitando said the government had not received at least $11 million in annual fees as of January 30 Hit by the economic crisis the country is desperately short of foreign exchange food fuel electricity and medicine so it is expected that the mining sector will be able to shoulder the burden of economic
Get PriceThe Zimbabwe Government has reverted to old mining and registration fees after players in the sector engaged the authorities to review the recent increases The Ministry of Mines and Mining Development Last week sparked an outcry when it increased mining and registration fees by over 800 percent after pegging them in United States dollars
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Get PriceHarare Zimbabwe When Mthuli Ncube But middlemen take a sizable chunk of the remittance pot for themselves between 10 and 20 percent in commission fees to facilitate money transfers from
Get PriceMining in Zimbabwe time to use it or lose it Between colonial intervention and a weak regulatory framework mining in Zimbabwe has struggled to live up to its potential mining claims were forfeited in the country s Matabeleland North province after miners failed to pay an inspection fee of $100 within six months of starting operations
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Get PriceThe government of Zimbabwe has issued a two month ultimatum to all mining entities to renew their annual fees or risk losing their mining titles Zimbabwe to Withdraw Mining Titles of Fees Defaulters March 2 2024 New partnership Agreement Enables Integrated Air Solutions to Support Local Installed FS Elliott Centrifugal Oil free
Get PriceMaintenance Fee $165 Total Per Claim Fee $225 Placer Claims Notice of Location Within 90 calendar days after the date of claim location Processing Fee $20 Location Fee $40 Maintenance Fee $165 for each 20 acres or portion thereof Note For claims located PRIOR to September 1 or the end of one assessment year but filed
Get PriceIn the 1990s Zimbabwe was at the forefront of supporting small scale mining as a livelihood option This was a response to the growth of illegal alluvial panning with the idea that upgrading and formalising would create more viable and long term sources of employment and livelihood Various projects including from the likes of ITDG/Practical
Get PriceMining in Zimbabwe Mining fees in terms of the Mines and Minerals Act Chapter 21 05 Ask a Question on Application for a special mining lease non refundable fee 5000 Registration of Special Mining lease 10000 Application for protection against forfeiture 100 Conversion of blocks 200
Get PriceGovernment has gazetted new mining fees that take into account the inflation rate since the last review of the fees The Mining General Amendment Regulations 2024 are contained in Statutory Instrument 95 of 2024 and was published by Mines and Mining Development Minister Winston Chitando Application for an Exclusive
Get PriceZimbabwe s miners predict lower prospects in 2024 By Alois Vinga THE country s mining sector has predicted lowered prospects in the forthcoming year of 2024 on the back of tight commodity markets the latest Chamber of Mines report has revealed The report titled State of the Mining Industry Report 2024 …
Get PriceAugust 1 2024 0 52 Zimbabwe will double the royalty rate it charges mining companies on the platinum group metals PGMs they produce to 5% from January 2024 in a bid to increase government revenues The country is the world s third largest producer of platinum after South Africa and Russia hosting major miners Anglo American Platinum
Get PriceFees for registering a special mining grant rose to $63 750 from $500 while prospecting licences were increased to $6 375 from $1 000 In an interview with Standardbusiness Artisanal and Small
Get PriceMining General Amendment Regulations 2024 No 24 published in Statutory Instrument 44 of 2024 are repealed The rates are now pegged in local currency For instance an ordinary prospecting licence is now pegged at $1 000 from US$100 which translated to $8 300 at the prevailing interbank rate
Get PriceThe annual fees for mining special grant will cost $50 per hectare per year The renewal fee for a mining special grant has been pegged at $5 000 while the application for extension for
Get PriceThe Zimbabwe Chamber of Mines says the government s hike of pre exploration fees for the majority of minerals by as much as 8 000% together with increased royalty rates will cripple the
Get PriceThe annual fees for mining special grant will cost $50 per hectare per year The renewal fee for a mining special grant has been pegged at $5 000 while the application for extension for a mining special grant is now at $50 000 To renew a certificate of registration as an approved prospector one has to fork out $2 500
Get PriceThe new fees will obviously see a surge in illegal mining activities against the formalisation zeal Zimbabwe roughly has about 30 000 registered small scale miners and about 1 500 000 illegal
Get PriceGround rental fee for chrome for special block per hectare per year 1500 Section 275 7 Certificate of registration after transfer per mining claim 500 Section 20 1 Registration to mine base minerals Ordinary P/L copper and nickel 300
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Get PriceMining Laws and Regulations Zimbabwe 2024 ICLG Mining Laws and Regulations Zimbabwe Chapter covers common issues in mining laws and regulations including the acquisition of rights ownership requirements and restrictions processing transfer and encumbrance environmental aspects native title and land rights Published 20/09/2024
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Get PriceThe annual fees for mining special grant will cost $50 per hectare per year The renewal fee for a mining special grant has been pegged at $5 000 while the application for extension for
Get PriceCurrently this forex retention threshold stands at 70 percent for the mining industry meaning that just 70 percent of the value of exports is paid out in foreign currency while the remaining 30 percent is paid out in the local real time gross settlement RTGS
Get PriceZimbabwe holds the second largest known reserves of platinum and large deposits of lithium gold and chrome but has struggled to attract new investors Zimbabwe has given holders of mining concessions up to the end of April to pay $11 million in outstanding annual fees or risk losing their licenses the mines minister said on Tuesday
Get PriceThe Act provides for the control on mining operations in Zimbabwe for the establishment of the Mining Affairs Board and the administration of the Act and for the definition of various rights and duties of persons involved in mining operations or circumstances relating to such operations Full text English Website
Get PriceCoal miners cry foul over mining fees May 10 2024 News Zimbabwe Today is an independent online newspaper that showcases all the news from Zimbabwe by Zimbabweans for Zimbabweans across the world In the spirit of building a new Zimbabwe we promote and support free speech hence all the news you will read at Zimbabwe Today is uncensored
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Get PriceAn Ordinary prospecting licence that was previously pegged at RTGS$1000 00 has been raised to US$100 00 about RTGS$8 300 according to the current interbank rate an upward percent of over 800 while a Special prospecting licence is now going for US$750 00
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