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THE Zimbabwe Mining Development Corporation ZMDC and Head Heart Enterprises Pvt Limited have engaged a local environmental consultant to conduct an Environmental and Social Impact
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THE Zimbabwe Mining Development Corporation ZMDC is seeking joint venture partnerships to resuscitate its defunct gold and graphite mines across the country ZMDC acting general manager Mr Garikayi Chimhina said in an interview that they have flighted tenders seeking investors for joint venture partnerships to resuscitate Sandawana Jena Elvington and Lynx mines We have tendered
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Ten mines that Zimbabwe should urgently revive Mining 9 Jena Gold Mines Located in Silobela 60 km outside Kwekwe central Zimbabwe Jena mines was first pegged in 1979 was later acquired by state mining company the Zimbabwe Mining Development Corporation or ZMDC in 1984 It operates a multi shaft system The mine has a …
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In view of this national institutions such as the mineral exploration company Zimbabwe Mining Development Corporation ZMDC and the Minerals Marketing Corporation are urged to play key roles in the management of the mineral value chain systems through the creation of a favorable environment for mineral extraction value addition and
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Jul 14 2021July 14 2024 0 28 Zimbabwe is planning to revive copper mining in the country and the Zimbabwe Mining Development Corporation ZMDC has since requested for expression of interest from potential investors Zimbabwe s last operational copper mine Mhangura was closed in 2024 owing to low international copper prices at the time
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RT SecYellen Today is an historic day for our country and our economy The Inflation Reduction Act of 2024 will make America more competi…
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Zimbabwe Mining Development Corporation ZMDC was established by an Act of Parliament No 31 of 1982 Zimbabwe Mining Development ZMDC The Zimbabwe Mining Development Corporation ZMDC has gone into Joint Venture partnerships with a number of partners as part of the partial privatisation of seventeen 17 of its subsidiaries as enshrined in the National Development Strategy One NDS1 …
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Oliver Kazunga Senior Business Reporter THE Zimbabwe Mining Development Corporation ZMDC has commenced exploration works at Kamativi Mine in Matabeleland North province and hopes to complete
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Zimbabwe Mining Development Corporation ZMDC is set to start mining lithium deposits in Bikita on the back of increasing demand for the mineral on global markets This follows the discovery of more deposits in Zimbabwe prompting a scramble for lithium exploration by foreign investors ZMDC acting general manager Luke Akino said there were
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ZMDC appointed two local engineering companies Virimai Projects MMEP Pvt Ltd and environmental company Green Resources Company Pvt Ltd to assist in the ongoing development of the project for Kamativi Tailings Company KTC The legal dispute is delaying the re opening of the mine But once it is settled Kamativi is a key pillar in the development of Matabeleland North and Zimbabwe at large
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THE Zimbabwe Mining Development Corporation formed in 1982 to strengthen Government s hand in extractive industries is in the market for three packages worth US$45 million to recapitalise operations at Jena Sabi and Elvington gold mines ZMDC wholly owns the gold mines
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ZCDC s predecessor in Marange Zimbabwe Mining Development Corporation ZMDC was notoriously known for producing outdated audited reports Apart from the Auditor General s findings there is no public record of ZCDC s income statement and balance sheet Citizens therefore have been denied the opportunity to know pertinent information like how much income did ZCDC generate in 2024
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In 2024 to reach $500 million in trade between Zimbabwe Belarus and by 2024 $1 billion They talked about the supply of Belarusian equipment to Zimbabwe the development of mineral deposits there as well as about cooperation between the two countries in the field of defence Nobody is going to cooperate for free
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The European Union recently eased its trade restrictions on Zimbabwe amid signs of political reform but the country s state held Zimbabwe Mining Development Corporation ZMDC remains on its sanctions list West s boycott of Zimbabwean diamonds a mistake says
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ZMDC has over the past years struggled to turn around its fortunes even though it holds some of the best mining assets in the country and is central to Zimbabwe s economic development It has
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News Israeli mining investor Yaron Yamin and his local partners are on the verge of tying a deal with the Zimbabwean government to mine diamonds in Marange The state owned Zimbabwe Mining Development Corporation ZMDC was required by law to control at least half of shareholding in any operation in Marange Daily News reports that Yamin who
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HARARE The Zimbabwe Mining Development Corporation ZMDC received over 150 bids for its struggling mining companies that it put on tender at the beginning of the year a cabinet Minister has said In February ZMDC a government firm which owns an empire in the mining sector put up its struggling or closed companies that it seeks to revive up for grabs to interested investors The
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Chief Mining Commissioner and Zimbabwe Mining Development Corporation ZMDC You are not logged in If you are a subscriber please Login to view additional case details
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Sabi mine falls under the state owned Zimbabwe Mining Development Corporation ZMDC Zimbabwe Diamond and Allied Minerals Workers Union ZDAMWU recently confirmed the that it had received reports that the ex workers were facing eviction We understand Sabi Gold notified workers who are no longer working at the mine to vacate mine houses by 3 January 2024 failure of which
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Meanwhile the Zimbabwe Mining Development Corporation ZMDC will remain under restrictions from the European Union with experts saying the state owned mining company which is involved in mining diamonds in the controversial Chiadzwa gem fields is used to fund repression in Zimbabwe The ZMDC has been at the centre of alleged
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Mines Minister Winston Chitando told a parliamentary committee that after announcing winning bidders for its six mines the Zimbabwe Mining and Development Corporation ZMDC would put on sale
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Cabinet on Tuesday approved the unbundling of State mining arm — the Zimbabwe Mining Development Corporation ZMDC — into four mineral specific units as efforts to improve efficiency in State owned assets gather pace There had been concerns that the previous order was too bloated for one organisation and thus limiting the mining vehicle to effectively exert itself in the mining sector
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Zimbabwe Mining Development Profile and History ZMDC is wholly owned by the Government of the Republic of Zimbabwe and owns a number of subsidiaries ZMDC has been and continues to be a major player and contributor to the growth of the Zimbabwean economy in general Mining proceeds from ZMDC have contributed significantly to the national
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Zambia ZMDC Set to Start Mining Its Lithium Deposits in Bikita Zimbabwe Published January 11 2024 [Click image to enlarge] The Zimbabwe Daily reported that Zimbabwe Mining Development Corporation will soon start mining its lithium deposits in Bikita on the back of firming demand for the mineral on the global markets
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Minister Chitando said Zimbabwe is ready to engage the international investor community mainly in light of opportunities in the reviving the Zimbabwe Mining Development Corporation ZMDC s mothballed operations He said joint ventures with ZMDC have so far proven to be successful
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Jul 1 2021The Zimbabwe Mining Development Corporation ZMDC is planning to reduce its shareholding in mining assets across the country as part of a privatisation drive ZMDC operates Sabi Gold Mine in Zvishavane Jena Gold Mine in Silobela and Elvington Gold Mine in Chegutu Mhangura Copper Mine Alaska Sandawana and Kamativi
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Zimbabwe Mining Development Corporation ZMDC was established by an Act of Parliament No 31 of 1982 Vision To create a vibrant and versatile mining power house necessary to transform Zimbabwe s mineral wealth to the world class standards Mission
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THE Zimbabwe Mining Development Corporation has appointed Demand Gwatinetsa as the general manager who is expected to spearhead the turnaround of the group ZMDC is a mining entity with a
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THE Government has stepped up efforts to ensure that the Zimbabwe Mining Development Corporation ZMDC continues to run as a going concern following the halting of most of its mining operations owing to a myriad of challenges Mines and Mining Development Deputy Minister Fred Moyo said only two of ZMDC s mines were operational but albeit at a low capacity The two operating mines are
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Executive Summary The Zimbabwe Mining Development Corporation ZMDC was mandated by Government to conduct exploration and subsequent exploitation of the diamond resource in Marange District
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