Articles tagged 'walter chidhakwa'

Court sjamboks defiant Chidakwa 5 March 2016 HARARE - High Court judge Justice Joseph Mafusire has shellacked Mines minister Walter Chidakwa, ruling that he wilfully defied a court order earlier this week that Mbada Diamonds be allowed to return to its Chiadzwa mining operations. The ruling was made after the South African-owned 50 perce...
Zim halts diamond miners ops 23 February 2016 HARARE - Mines minister Walter Chidakwa yesterday ordered all diamond companies to vacate their various concessions and cease operations after seven months of unfruitful firm consolidation talks between government and the miners. Chidakwa said while government had issued special grants to the ...
Chidhakwa, Chinamasa contradict on mining projections 13 November 2014 HARARE - Mines minister Walter Chidhakwa says the mining sector is expected to grow by six percent this year against a negative growth of 1,9 percent predicted by Finance minister Patrick Chinamasa. “The sector is projected to grow by an average of six percent in 2014. Its contribution to the ...
Govt considers scrapping diamond royalties 7 November 2014 HARARE - Mines minister Walter Chidhakwa says government is considering lowering or eliminating royalties on diamonds earmarked for the local market. This comes as government plans to resume local diamond auctions this month. “We are looking at the possibility of reducing or eliminating roy...
Zim to seize unused mines 18 September 2014 HARARE - Zimbabwe plans to seize unused mines and hand them to productive local and international miners, the country's Mines minister Walter Chidhakwa said. He said government would repossess the non-productive miners' claims. “Those fortunate enough to have these claims must use them. Let...
Govt decentralises mining districts 18 August 2014 HARARE - Government on Friday gazetted a statutory instrument decentralising the country's mining districts, in a move meant to rationalise operations in the ministry. This comes as Mines and Mining Development deputy minister Fred Moyo recently announced that government had abolished the post...
It's the economy, stupid 13 August 2014 HARARE - Americans have a saying “it’s the economy, stupid” to rein in politicians and leaders of ruling political parties whenever they try to divert people’s attention from real bread and butter issues to other peripheral issues like war, homeland security, attacks on foreign governments as wel...
Zim seeks new mineral deposits 8 May 2014 HARARE - Zimbabwe is exploring for new mineral deposits as the hard pressed government seeks to raise cash from the country’s vast resources. Mines minister Walter Chidhakwa said the new deposits will be used for securitisation of national loans and credits. Among its extensive minerals bas...
Zim to continue Dubai diamond sales: Minister 6 May 2014 HARARE - Mines minister Walter Chidhakwa yesterday said Zimbabwe would continue to sell its diamonds in Dubai despite the country failing to redeem $30 million from Global Diamond Tenders, a month after the auction. “Dubai isn’t the issue but the facilitators. We have been selling our diamonds...
Zim mulls diamonds polishing law 30 April 2014 HARARE - Zimbabwe plans to promulgate a law that compels diamond miners to sell 10 percent of their gems to local cutting and polishing firms. The move is part of government’s aggressive beneficiation programme, under which it seeks to realise more value from its minerals, particularly diamond...
More reforms needed: Chidhakwa 22 April 2014 HARARE - Mines minister Walter Chidhakwa says Zimbabwe must introduce economic reforms to support the reintroduction of the Special Economic Zones (Sez). Speaking at a Special Economic Zone (Sez) workshop — jointly organised by government, World Bank, United Nations Development Programme and t...
Dubai diamonds auction: Zim rakes in $29m 8 April 2014 HARARE - Zimbabwe realised $29,2 million from the auction of 380 000 diamond carats in Dubai last week. From the earnings, Mines minister Walter Chidhakwa said government will collect $4,3 million in royalties. Seven diamond mining companies based in Marange participated in the gem sale, wh...
Zim considers Implats refinery proposal 21 March 2014 HARARE - Zimbabwe is considering a platinum refinery construction proposal by South Africa-based Impala Platinum Holdings (Implats), businessdaily has learnt. Mines minister Walter Chidhakwa yesterday said he met Implats chairperson, Khotso Mokhele, this Wednesday to discuss the modalities of ...
Foreign investors eye SMM 27 February 2014 HARARE - Foreign investors are keen on investing in the revival of dormant mines including Shabani-Mashava Mine (SMM), Mines minister Walter Chidhakwa said. Apart from the Zvishavane-based asbestos producer, he said the financiers have also expressed interest in the Kamativi tin mine in Mhangu...
Govt reposesses unused platinum claims 25 February 2014 HARARE - Zimbabwe plans to repossess unused platinum claims as part of strategies to improve mineral production in the country. Mines minister, Walter Chidhakwa, told businessdaily that his ministry is currently working on a legal framework to enable government to repossess the claims. He s...
Govt slashes diamond cutting, polishing fees 19 February 2014 HARARE - Zimbabwe has reduced licence fees for local diamond polishing and cutting firms from $100 000 to $20 000 annually. The licence is valid for 10 years. Walter Chidhakwa, the Mines minister, told a news conference yesterday that the move was aimed at promoting the local beneficiation ...
Zim to auction diamonds locally 19 February 2014 HARARE - Zimbabwe plans to auction its diamonds locally, Mines minister Walter Chidhakwa said. He said a sale would be held before year end. Chidhakwa said yesterday Zimbabwe would invite diamond buyers from Antwerp, Dubai, India and Shanghai to come and participate in the auction. He sa...
Zim plans mining university 8 December 2013 HARARE - Zimbabwe plans to set up a Pan-African Minerals University of Science and Technology (Pamust) in 2014 aimed at addressing issues of value addition for Africa’s mineral resources in line with the continent’s mining vision. Mines minister Walter Chidhakwa said the establishment of such ...
Hats off to Chidhakwa 1 December 2013 HARARE - Widely viewed as still “green” and a novice for the new job, Mines minister Walter Chidhakwa proved at the last held Kimberly Process (KP) Plenary that although he was thrown in deep-end, he is a shark. The 2013 KP Plenary was expected to deal with basically six issues which include t...
Zim to host mining indaba 23 September 2013 HARARE - Zimbabwe will once again be on the spotlight when the country hosts the 5th annual Zimbabwe Mining and Infrastructure Indaba from September 25 to 27 this week. The indaba — to  be officially opened by the incoming Mines and Mining Development minister, Walter Chidhakwa — will be runni...