Mining Matchmaking – ZIDA Invest
The platform is developed to connect mining claim holders in Zimbabwe with both local and international investors. It facilitates partnerships for technical assistance, tributary partnership, joint venture partnership, debt funding, or finding a buyer for mining claims.
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Hwange Colliery revitalizes with US$50m coal mine partnership
HCCL has restructured into seven independent companies, including a joint venture with ZJI. The strategic restructuring aims to boost production and streamline operations. ... (HCCL) has teamed up with the Chinese firm Zani Investment (ZJI) to launch a new underground coal mine in Hwange, Zimbabwe. The US$50 million project is expected ...
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VAST resources to soon commence diamond operations in Chiadzwa
VAST Resources (Vast) will soon commence operations at its Zimbabwean unit, with the government indicating that all internal processes leading to the conclusion of the joint venture (JV) would be finalised in March this year. The AIM-listed mining company, Vast, is currently working on the JV agreement between its majority-owned Katanga Mining and …
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Chinese investors plan $2.83 billion metals park in Zimbabwe
Chengxin Lithium Group Co. and Sinomine Resource Group Co. are setting up a joint venture to explore for the metal and Zhejiang Huayou Cobalt Co. plans to invest $300 million to develop the ...
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Farvic Mine empowers 12000 Mat South small-scale miners
AT least 12 000 small-scale miners people from Matabeleland South Province have benefited from Farvic Consolidated Mine's tribute system after the mining giant ... Mining Zimbabwe Mining Zimbabwe is a reliable source of unfiltered ... operated by the Debswana Diamond Co., a joint venture between De Beers and Botswana's government, in Jwaneng ...
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Govt Commends Palm River for Generating Own Electricity, …
The Minister of Mines and Mining Development, Hon. Winston Chitando, has praised Palm River for its pioneering role in generating its own electricity and utilizing gas emissions for power— a first in Zimbabwe, as reported by Mining Zimbabwe. By Rudairo Mapuranga and Ryan Chigoche This investment comes as local ferrochrome miners face a
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Ivanhoe Mines and Gécamines Sign New Joint Venture to …
Ivanhoe Mines and Gécamines Sign New Joint Venture to Restart the Ultra-High-Grade Kipushi Mine, a Century Since First Opening. Publish date: 16 January 2024 Share: Download PDF. Construction of new concentrator and underground development well ahead of schedule for first production in Q2 2024.
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Ministry, ZMF in strategic gold service centres …
Zimbabwe Miners Federation (ZMF)'s FS Mining and the Ministry of Mines and Mining Development's Defold Mine (Pvt Ltd) have penned a strategic joint venture meant to operationalise gold centres in various …
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Our Platinum Joint Venture Operations
Todal Mining (Pvt) Ltd is a Joint Venture operation between Zimbabwe Mining Development Corporation (ZMDC) and Lefevre and is located in the Shurugwi area. Project Operational Status This is a non operational project that needs investment (both financial and technical) to move into production. ... Ministry of Mines; PRAZ
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ALROSA and ZCDC establish a joint venture
ALROSA and Zimbabwe Consolidated Diamond Company (ZCDC) signed a number of agreements to finalise the creation of a joint venture for prospect and exploration works for primary diamond deposits in the Republic of Zimbabwe. A shareholder agreement and a JV establishment agreement were signed by Sergey Ivanov, ALROSA CEO, and Killian Ukama, …
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Cluff Africa, Mutapa Forge Path to Develop Sandawana
The Mutapa Investment Fund (MIF), which now controls Sandawana Mines after Kuvimba was placed under its jurisdiction, aims to unlock its vast lithium resources through Build-Operate-Transfer (BOT) and Joint Venture partnerships. Sandawana Mines, with an estimated 200 million tonnes of lithium resources, is poised to become one of Africa's ...
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KMC
The local Joint Venture partner is Kamativi Tin Mines (Private) Limited, wholly owned and controlled by a private company called Defold Mine (Private) Limited. Kamativi Mining Company started operations in 2019 and is focused on lithium exploration, mining and …
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Zimbabwe plans incentives to encourage mineral processing
Zimbabwe has the world's second-largest platinum reserves after South Africa, as well as large deposits of lithium, coal, gold, diamonds, chrome and nickel.Image courtesy of
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Cabinet approves mining joint venture
"The joint venture seeks to prospect and explore for lithium and pegmatite minerals on 52 600 hectares in Goromonzi, Mashonaland East Province. Prospect Brooke Resources is …
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Hwange Colliery revitalizes with US$50m coal …
Hwange Colliery Company Limited (HCCL) has teamed up with the Chinese firm Zani Investment (ZJI) to launch a new underground coal mine in Hwange, Zimbabwe. The US$50 million project is expected to produce …
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Zim faces mining-asset seizure over canceled joint ventures
Zimbabwe, faces having the assets of the state mining company seized after a final appeal of a 2014 arbitration ruling failed. Companies linked to British Islands-based Amari Holdings Ltd. won the right to seize assets worth $65.9 million in compensation for Zimbabwe Mining Development Corp.'s cancellation of nickel and platinum ventures formed in …
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Alrosa kicks off diamond exploration in …
"Following the signing of a joint venture agreement with Zimbabwe Consolidated Diamond Company to develop diamond deposits, we are progressing well towards the initiation of the full-scale ...
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Vast finalises financial deal for Chiadzwa diamond venture
AIM-listed mining group, Vast Resources Plc Monday disclosed it had finalised a financial deal it negotiated with international financial institutions for its Chiadzwa diamond venture in Manicaland Province. Last year, the United Kingdom based Vast Resources announced that it had agreed a joint venture deal with Chiadzwa community to create a company called …
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Cabinet Approves MPC and Prospect Brooke Resources
This partnership aims to conduct exploration and mine development over the Arcturus Exclusive Prospecting Order Number 1842. According to Muswere, the joint venture seeks to explore for lithium and other minerals found within pegmatite rock as the country strives to become a leader in Africa's green revolution.
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Mutapa Investment Fund Seeks Investors to Boost Mining …
The Mutapa Investment Fund, Zimbabwe's sovereign wealth fund, has revealed that its current strategy for the mining cluster is to form joint ventures and partnerships to revitalize its mining portfolio, rather than acquiring new mines, Mining Zimbabwe has learned.. By Ryan Chigoche. This development comes amid speculation that the sovereign wealth fund may …
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Joint Ventures | Zimbabwe | Global law firm
Joint ventures may be alliances created by necessity or they may be the coming together of complementary skill sets. Further, whilst this has always been a feature in particular industry sectors and jurisdictions, the significance of foreign ownership restrictions may increasingly drive the joint venture as the vehicle of necessity.
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MRG to form JV with Wickbury for REE project in …
MRG Metals, an Australia-based mineral exploration company, has signed a binding memorandum of understanding (MoU) with Wickbury Investments to form a joint venture (JV) for a rare earth elements (REEs) …
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Vast Resources to sign diamonds joint venture deal in Zimbabwe
London-listed Vast Resources will next week sign an agreement with Zimbabwe's state diamond mining firm to prospect and mine diamonds in the east of the country, the mines minister and a company ...
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Mining: Extracting prospects for the common good
The positive side though, was that joint ventures went up 15 percent in 1993 to 78,4 percent. The value of the joint venture projects rose from $287,6 million to $2,099 billion. With more foreign investors opting for joint ventures with locals, foreign schemes dropped from 64 percent in 1993 to 22 percent in 1994.
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MRG to form JV with Wickbury for REE project in Zimbabwe
MRG Metals, an Australia-based mineral exploration company, has signed a binding memorandum of understanding (MoU) with Wickbury Investments to form a joint venture (JV) for a rare earth elements (REEs) project in Zimbabwe.
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Kamativi revival, production scheduled before June 2023
Kamativi Mining Company (KMC) which currently is undertaking extensive exploration at the once-biggest tin mine in Zimbabwe has projected to begin its lithium mining and processing by the end of the first half of next year. The company which is a joint venture between China's PD Group and Kamativi Tin Mines Limited has since September 2021 drilled over 70 …
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New platinum mine on course
Great Dyke is a joint venture between Russia's Vi Holdings and Zimbabwe's Landela Mining Venture (Pvt) Limited and is investing US$3 billion into the new mine. Already, over US$25 million has been spent in the development of the mines this year, with over US$110 million invested in total since exploration began.
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Zimbabwe Mining Sector: Opportunities Galore
Zimbabwe has over 800 operating mines across the country and these range from international mining houses to small scale mines. In terms of employment, the sector currently employs over 80 000 workers directly and …
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REPUBLIC OF ZIMBABWE
DRAFT – not for circulation or citation Draft Mineral Policy – not for citation or distribution 4 Introduction "Countries with non-renewable natural resource wealth face special opportunities and special challenges. Used well, these resources can create greater prosperity for current and future generations; used poorly, they can cause economic instability, social conflict, and
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Cabinet approves mining joint venture
The proposed partnership between the Mining Promotion Corporation and Prospect Brooke Resources (Pvt) Ltd has been approved by Cabinet to conduct exploration and mine …
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