Zimbabwe: Conflicts between Chinese mining companies
Anjin (joint venture Anhui Foreign Economic Construction, Zimbabwe Mining Development Corporation & Govt. of Zimbabwe) No Response. Timeline Zimbabwe: Communities vow not to give up their fight against rights violations, until diamond mining companies operating in the area address their long-standing grievances
اقرأ أكثر
Zimbabwe Mining Sector: Opportunities Galore
Zimbabwe's hopes for a quick economic recovery and sustainable foreign exchange stability rest on the shoulders of its multibillion-dollar mining industry. By Francis Shingi Nhunzvi and Victor …
اقرأ أكثر
Zimbabwe signs agreement to begin construction of $300m …
The Zimbabwean government has signed an agreement that will see the construction of a $300 million platinum refinery, which will significantly increase the platinum export earnings. Kelltech, an Australian company, will form a joint venture company with the state-owned Zimbabwe Mining Development Corporation (ZMDC). The plant will …
اقرأ أكثر
Zimbabwe: Indigenization and Empowerment Act
(Apr. 2, 2008) President Robert Mugabe of Zimbabwe signed into law the Indigenization and Empowerment Act on March 7, 2008. The Act requires foreign-owned companies to offer at least 51 percent of their shares to indigenous Zimbabweans, according to news reports. It is unclear whether the mining industry is covered by the Act, Joseph Malaba, …
اقرأ أكثر
Does China have a geoeconomic strategy towards Zimbabwe?
NORINCO's mining joint ventures in Zimbabwe consist of three companies formed with a Zimbabwean parastatal, Zimbabwe Mining Development Company (ZMDC) in 2006, and one formed with Zimbabwe's Ministry of Defense in 2004. ... NORINCO's joint venture with Zimbabwe's Ministry of Defense was clearly negotiated …
اقرأ أكثر
Can joint ventures and sub-letting unleash Zimbabwe's agricultural
The under-performance of parts of Zimbabwe's agricultural sector continues. This mostly applies to large estates and some medium-scale farms that were reallocated under the fast-track land reform as A2 resettlement farms. Last year, as part of the economic reform agenda, the government has responded by approving measures that allow joint …
اقرأ أكثر
SPECIAL REPORT | Zimbabwean mining: The companies and …
Zimbabwe's Ministry of Finance expected the mining sector to fall by as much as 12.3% in 2019, with a recovery of 4.7% projected in 2020. Despite concern over the sector, 2020 will be a key year for many of the companies operating in Zimbabwean mining, with several investment projects expected to move into development stages during the …
اقرأ أكثر
Russian and Zimbabwe state-owned diamond miners form JV
The world's top diamond producer by output, Alrosa (MCX:ALRS), and the Zimbabwe Consolidated Diamond Company have signed a joint venture agreement to develop diamond deposits in Zimbabwe.
اقرأ أكثر
Govt approves gold, coal bed-methane pdn joint ventures
The Zimbabwean government on Tuesday approved two new mining agreements with two companies targeting gold and coal bed-methane production. Now …
اقرأ أكثر
What's fuelling China's lithium rush in Zimbabwe? The long game …
Also last year, Chengxin Lithium Group spent US$77 million on a deal including mining rights in the largely unexplored Sabi Star lithium-tantalum mine project in eastern Zimbabwe, described by the ...
اقرأ أكثر
Chinese investors plan $2.83 billion metals park in Zimbabwe
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 Human Rights ...
اقرأ أكثر
ZLCo, ZMDC in Kamativi joint venture
Zimbabwe Lithium Company and the Zimbabwe Mining Development Corporation (ZMDC) have entered into a joint venture agreement for the development of …
اقرأ أكثر
Defold Mine (PVT) Ltd
Entering into viable mining joint ventures that would fully exploit the country's natural resources whilst declaring a dividend to Government ... that harbours and fosters economically and commercially viable mining projects through investment partnerships in the mining sector around Zimbabwe by the year 2025. Contact Us +263 8688007335/6 …
اقرأ أكثر
2019 Minerals Yearbook
in the Chimanimani mining area. in December, PJSC aLROSa of Russia established a joint-venture agreement with the Government of Zimbabwe for prospecting and exploring diamond deposits. Under the agreement, aLROSa's subsidiary company, aLROSa (Zimbabwe) Ltd., would be 70% owned by aLROSa and 30% owned by the …
اقرأ أكثر
ALROSA and ZCDC establish a joint venture
38.20. ALROSA and Zimbabwe Consolidated Diamond Company (ZCDC) signed a number of agreements to finalise the creation of a joint venture for prospect …
اقرأ أكثر
Zimbabwe
14:34] and the Joint Ventures Act [Chapter 22:22]; and to provide for matters incidental to or connected to the foregoing. ENACTED by the Parliament and the President of Zimbabwe. PART I PRELIMINARY 1 Short title This Act may be cited as the Zimbabwe Investment and Development Agency Act [Chapter 14:37]. 2 Interpretation In this Act—
اقرأ أكثر
AVZ vs Zijin: the fight for the world's biggest lithium deposit
Zijin claims that through its DRC subsidiary Jin Cheng Mining it bought a 15 per cent stake in Dathcom, a joint venture established in 2016 that owns 100 per cent of the Manono lithium mine.
اقرأ أكثر
Zimbabwe: Cabinet Approves Three Joint Ventures
The joint ventures fall under the purview of the Ministries of Environment, Climate, Tourism and Hospitality Industry; and Mines and Mining Development.
اقرأ أكثر
Zimbabwe JV to set sustainable diamond mining benchmark
Zimbabwe JV to set sustainable diamond mining benchmark. Botswana Diamonds and its joint venture partner in Zimbabwe, Vast Resources, have entered into an agreement which aims to unlock the diamond value within Zimbabwe's Marange Diamond Fields. In doing so, it will also establish a new benchmark for sustainable and …
اقرأ أكثر
Zimbabwe: Army-Linked Anjin Grabs Richest Diamond Claim
Manyeruke, though, distanced Anjin from Portal Q--which Diamond Mining Company used to mine--but confirmed that the joint venture was given Portal B in addition to its old claims.
اقرأ أكثر
Dentons
Stillwater Mining Company: Advising on Canadian mining and securities matters, including in connection with its acquisition of Peregrine Metals Ltd. for C$487 million; its C$118 million acquisition of Marathon PGM Corporation by way of plan of arrangement, including a joint venture with Mitsubishi with respect to the Marathon …
اقرأ أكثر
Joint Ventures in Mining | Perspectives & Events | Mayer Brown
Joint ventures (JVs) in the mining industry are on the rise. In 2019, Barrick and Newmont partnered to combine their assets in Nevada – creating the world's largest gold complex. This is a classic example of companies finding synergies in the co-location of their assets. In the same year, Teck Resources announced the completion of its joint ...
اقرأ أكثر
New coal mine starts operations in Hwange
JINGAN Corporation, a joint venture between Chinese and local investors, has commenced coal mining in Hwange after investing nearly US$12 million, an official has said. Chilota Collieries started operations about two months ago and is producing 30 000 tonnes of coking coal per month used to produce coke — the high quality fuel needed by …
اقرأ أكثر
Joint ventures in context: Expert interviews
Joint ventures will continue to be an important feature of the mining sector. While investor risk appetite and confidence in the political climate in host states is by no means static, the drivers for joint ventures where a mining opportunity exists and an attractive return …
اقرأ أكثر
Zimbabwean project a chance to transform Africa's mining sector
Since 2017, exploration activities by GeoAssociates, a joint venture between Invictus Energy and One Gas Resources, have uncovered major potential liquid natural gas reserves in the Cahora Bassa ...
اقرأ أكثر
JOINT VENTURE AGREEMENT FOR MINE EXPLORATION
Commencing on the date hereof and ending on the termination of the business of the Joint Venture, all profits, losses and other allocations to the Joint Venture shall be allocated as follows : ONYX MINING LTD: 50% RWANDA TRINITY MINERALS LTD: 50% ARTICLE V - AGREEMENTS WITH THIRD PARTIES AND WITH AFFILIATES TO PARTIES OF THE …
اقرأ أكثر
Joint ventures in context: Expert interviews
Whilst unincorporated or contractual joint ventures may be common in the early stage exploration and feasibility phases of mining projects, before the mine goes into production, a financial investor or an operator will typically want exploitation licences, land and asset ownership to be held through a joint venture structure.
اقرأ أكثر
The Herald
The joint ventures fall under the purview of the Ministries of Environment, Climate, Tourism and Hospitality Industry; and Mines and Mining Development. Information, Publicity and Broadcasting ...
اقرأ أكثر
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 …
اقرأ أكثر
Vast Resources to sign diamonds joint venture deal in Zimbabwe
That company would sign a joint venture mining agreement with Zimbabwe Consolidated Diamond Company which holds the mining rights, he said. A Vast Resources official confirmed the deal.
اقرأ أكثر