Inside Zim’s illicit gold mine trade - The Mail and Guardian
Once the gold ore has been illegally extracted from the earth and processed in mills it must be sold and moved out the country. In return precious foreign exchange flows in.
Tensions Flare Between Zimbabwe Miners and Chinese Investors
Wellington Takavarasha chief executive officer of the Zimbabwe Miners Federation says Chinese nationals are responsible for 90% of the investment in the country’s mining industry overall. “Unlike other nationals who question a lot about the investment climate the Chinese get in and invest” he says.
Foreign Investor Protection in Zimbabwe The & 34;Principle of
In order for Zimbabwe to attract foreign direct investment it is essential to assess whether or not adequate regulatory protection is afforded foreign investors. To invest foreign investors need reassurance that there will be a fair and non-discriminatory framework in terms of their investments within Zimbabwe.
Zimbabwe to set up 15 gold servicing centres The Sunday News
“These gold service centres will plug leakages and widespread smuggling that has been associated with small-scale gold mining.” The Zimbabwe Miners’ Federation ZMF which represents the bulk of small-scale miners has from time to time said the only way to boost gold production was through the introduction of service centres.
Zimbabwe: All That Glitters Is Not Gold - Turmoil in
Artisanal gold miners play a curious role in Zimbabwe& 39;s political economy. On one hand they are an irritant to the industrial mining companies that hold most of Zimbabwe& 39;s gold exploration rights.
Zimbabwe - Mining and Minerals
In order to develop these mineral deposits Zimbabwe relies on foreign investment. Gold production another former key foreign currency source has also slumped. In 2009 the country produced only
Country risk of Zimbabwe : Investment
Context of foreign investment in Zimbabwe : the country& 39;s strength market disadvantages foreign direct investment FDI and figures FDI influx stocks performance potential greenfield investments . Zimbabwe has signed 32 bilateral agreements. For more details please see the UNCTAD website. Procedures relevant to investmentin Zimbabwe and regulation.
Top ten gold producers in Zimbabwe - Investment Opportunities
The mines were acquired from Anglo American Corporation Zimbabwe Limited AMZIM in 2003 together with most of AMZIM’s gold mineral rights in Zimbabwe. 10. Eureka Gold Mine. Vast Resources holds a 23.75% interest in the Eureka Gold Mine in Zimbabwe. The mine is situated about 150km north of Harare and 300km from the Pickstone-Peerless mine.
Zimbabwe& 39;s new gold rush - Zimbabwe Situation
Zimbabwe is in desperate need of retained foreign currency earnings from gold in order to pay for ever-demanding needs. These range from fuel and electricity to repaying collateralized foreign debts to the tune of just above USD 1 billion. These debts were contracted from multilateral financier Afreximbank.
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