Zimbabwe is increasing its local ownership in the mining sector by seeking a 26% free carry interest in new projects, aligning with regional trends for enhanced local engagement. The TNM NEWS+MARKETS Membership provides access to relevant news and insights in the mining industry.
Zimbabwe is positioning itself among African nations seeking to increase local ownership in mining operations. The government intends to secure a 26% free carry interest in any new mining projects, while also pursuing a similar stake with current operators. This initiative reflects a broader trend across the continent aimed at enhancing the role of local stakeholders in the mining sector.
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In summary, Zimbabwe’s new mining policy signals a significant shift towards increased local ownership in the mining sector, aiming for a 26% stake in new projects. This change aligns with broader regional trends encouraging local engagement in resource extraction. For ongoing updates and data, the TNM NEWS+MARKETS Membership offers valuable resources for industry stakeholders.
Original Source: www.northernminer.com
