Zimbabwe coilspace com
Zimbabwe plans to hold 26% free-carry stake in new mining
Zimbabwe has announced its intention to secure a 26% free-carry stake in all new mining projects in the country, Bloomberg reported. The decision is part of the government''s strategy to
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4 FAQs about [Zimbabwe coilspace com]
What is Zimbabwe doing to increase its share in the mining industry?
The decision is part of the government's strategy to increase its share in the lucrative mining industry, which includes a variety of metals such as gold, platinum, lithium and chrome. Zimbabwe's mining sector is home to several major players including Zimplats Holdings, Anglo American Platinum's Unki mine and RioZim.
Who are the major mining companies in Zimbabwe?
Zimbabwe's mining sector is home to several major players including Zimplats Holdings, Anglo American Platinum's Unki mine and RioZim. The government's plan also extends to negotiations with existing mining operations to obtain a similar stake.
Will Zimbabwe hold 26% free-carry stake in New mining projects?
"Zimbabwe plans to hold 26% free-carry stake in new mining projects" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only.
Should Zimbabwe move to a 26% shareholding level?
Zimbabwe Secretary for Mines Pfungwa Kunaka was quoted by Bloomberg as saying: “We need to move to a level where we reach 26% shareholding in most of the big projects. A lot of these things would take negotiations with the investors that are on the ground.