According to Mushanawani (2019) rivers such as Metangua and Gwetera are under threat from the illegal gold mining activities of over 500 artisanal miners.The Zimbabwe mines and mineral act, the Minerals corporation of Zimbabwe Act (Chapter 21:04) requires all licenced operators to secure environmental impact assessment which specify ...
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The mining industry in Zimbabwe has contributed 50% of the real Gross Domestic Product of the country which is a positive impact in the economy of the country (Chamber of Mines, 2009). However, despite the contribution of mining to the …
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Mining plays a key role in Zimbabwe's economy, contributing 5% and 23% to the country's gross domestic (GDP) and total exports, respectively. ... Impacts of Mining on Sustainable Development in Zimbabwe Sustainable development dates back to 1987 when the Brundtland Commission Report was published (WCED, 1991). SD refers to a form of ...
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The report looks at key highlights, mining business confidence, local content and corporate social investments in the mining industry, expectations of the artisanal and small-scale mining sector (ASSM), COVID …
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Environment has been an essential source for the livelihood of people and other living things. An environment is our surrounding and that surrounding includes the air, water and the soil. These three components of the environment were subjected to anthropogenic impacts due to mining and consequently polluted the environment. Mining has always been the major sustaining activity …
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It is against this background that this research study wishes to gain abysmal understandings into the impact of debt financing on financial performance of mining firms in Zimbabwe. Keywords: debt financing, financial performance, financial distress, loss. Suggested Citation: Suggested Citation.
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These include Zimbabwe's mining legislation, environmental impacts of the mining industry at global level, in the SADC region and in Zimbabwe. Problems which confront the industry as well as their possible solutions in Zimbabwe are also examined. From a sustainable development (SD) point of view, mining poses a serious danger which should be ...
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The Impact of Corporate Governance Practices on Performance of Mining Sector in Zimbabwe By 1 Dr Collen Kajongwe (PhD), 2 Sithole,Munoneka (Lecturer) & Terrence Masamba(PhD Student) Introduction and Background of the Study The volatility of markets and business settings places a significant burden on both the survival and profitability of ...
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are now the present-day towns in Zimbabwe linked by roads, railways, and other communication links (Viewing, 1984). In spite of the remarkable contributions that mining has made towards the development of Zimbabwe and other parts of the world, its history is marred by a legacy of negative impacts. Among the negative impacts of mining
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Mining plays a key role in Zimbabwe's economy, contributing 5% and 23% to the country's gross domestic (GDP) and total exports, respectively. It also generates foreign currency and supplies raw materials to some industries. As a 'robber' …
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years, mining accounted for 4% of Zimbabwe's GDP. Gold production, in particular, is one of the significant ... mining industry and may significantly impact the environment. A major environmental problem relating to mining is the uncontrolled discharge of contaminated water
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Zimbabwe's mining sector is facing a severe crisis as a new fuel levy of US$0.005 per litre worsens existing challenges, including crippling power cuts and skyrocketing operational costs. Already burdened by an effective tax rate of 69%, miners are struggling to remain viable, with sectors like lithium and platinum group metals (PGMs) particularly hard-hit, Mining …
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China-based Tsinghan agreed with Zimbabwe to start a lithium mining project in Harare. Both companies were planning to construct processing plants alongside the mines; however, it is uncertain what impacts the new ban will have on the projects in the pipeline without affiliated processing plants.
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The Chinese strategy demonstrates no fear to seize the opportunities and occupying the risky investment space in Zimbabwe's mining sector. Western investors on the other hand remain reluctant to work in …
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Illegal mining trends tend to be very fluid on the ground as often illegal miners are very mobile and fugitive, thus effects of the activity are so fast, and very temporal and spatial." EMA also challenged communities to be heavily involved in fighting environmental crimes as they suffer the most in the long run.
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This study interrogates the impacts of mining at Connemara Gold Mine on the environment and rural livelihoods for surrounding communities the mine. While we acknowledge that mining is a very lucrative business and one …
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Phanuel Mangisi, Manager of Environmental Impact Assessments and Ecosystem Protection at the Environmental Management Agency (EMA), underscored the importance of balancing economic development with environmental sustainability during his address at the Zimbabwe Alternative Mining Indaba (ZAMI) 2024.
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Mining activities, particularly gold and diamond mining, result in extensive deforestation. Approximately 200,000 hectares of forest cover are lost annually in Zimbabwe due to mining activities (Forestry Commission of …
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populations in Zimbabwe assumed that the study accepted the mixed research approach. 1.9 Scope of the study The study will look at the impact of debt financing on financial performance of mining firms in Harare, Zimbabwe. The study is going to be done in Zimbabwe with a focus on mining firms from September 2021 to November 2021.
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It is important to take proper management strategy and policies to minimize mining induced negative impacts on ecosystem and human health. The case of Deka River in Zimbabwe Objective. Despite its economic relevance for many African countries, the mineral sector is associated with environmental externalities and related negative implications on ...
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How Mining Industry Leaders Are Preparing for Water Scarcity. ... This article explores the multifaceted economic impact of such policies, examining both the potential benefits—such as increased government revenue and equitable resource distribution—and the challenges, including foreign investment deterrence and operational ...
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The research revealed that mining activities negatively impact the environment as well as the social footprint of the Chiadzwa people. Environment effects emanating from the mining …
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MINING TAX HIGHLIGHTS IN ZIMBABWE, 2024 The new Finance Act, 2023 (hereinafter referred to as the Act) which came into force on the 1st of January 2024 implemented a bulk of the issues proposed by the Minister of Finance in the 2024 National Budget which have an impact on the Mining Industry in Zimbabwe.
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an overview of the impact of mining and mineral processing operations on water resources and water quality in the zambezi, limpopo and olifants ... po box mp167, mount pleasant, harare, zimbabwe august 2001 mining, minerals and sustainable development project, southern africa geology department university of zimbabwe mineral resources centre
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Mining has had a significantly negative impact on our environment and since most mining occurs in farms or rural areas, it has also affected and in some instances disrupted the socio-economic ...
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Mining plays a key role in Zimbabwe's economy, contributing 5% and 23% to the country's gross domestic (GDP) and total exports, respectively. ... These include Zimbabwe's mining legislation, environmental impacts of the mining industry at …
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Mining Zimbabwe is proud to have first showcased this latest edition at Mining Indaba 2025 in Cape Town, providing global industry professionals with unparalleled insights into Zimbabwe's thriving mining sector. As the premier publication dedicated to mining in Zimbabwe, we bring you in-depth coverage of the latest trends, key developments ...
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In Africa, artisanal mining and illegal panning continue to attract more people due to the ever-rising levels of poverty and unemployment (Kelly 2014; LSE 2021).The COVID-19 pandemic has had drastic effects on poverty levels in Africa, with some 39 million people estimated to have been affected (Blokhuis 2021).In Zimbabwe alone, the World Bank …
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Impacts of mining on the environment and rural livelihoods at Connemara Mine, Zimbabwe, South African Geographical Journal, DOI: 10.1080/03736245.2022.2032294 To link to this article: https://doi ...
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Based on information that was collected in August 2017, this paper discusses various aspects of the mining industry. These include Zimbabwe's mining legislation, environmental impacts of the mining industry at global level, in the SADC region and in Zimbabwe.
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ABSTRACT. This study examined the impact of mining on the environmental rights of the people of the Mapanzure area in Zvishavane. Zvishavane district is located along the great Dyke belt, which is a hub to many valuable minerals such as chrome, diamonds, platinum and gold.
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Like most mining activities in Zimbabwe, mining at Connemara is perceived to have come along with some positive benefits to the surrounding communities. Besides the generation of
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