New mining fees announced

Must Try

Trending

Government has gazetted new mining fees that take into account the inflation rate since the last review of the fees.

Winston Chitando
Winston Chitando

The Mining (General) (Amendment) Regulations, 2020 are contained in Statutory Instrument 95 of 2020 and was published by Mines and Mining Development Minister Winston Chitando.

Application for an Exclusive Prospecting Order and that for a mining lease have now been pegged at $10 000, with both fees non-refundable.

A special mining lease will now cost $25 000, while a special prospecting licence and ordinary prospecting licence will cost $3 750 and $1 000 respectively.

To register as a prospector, one has to fork out $20 000, with the licence valid for five years, while registration for a toll elution plant and a special grant will cost $5 000.

Registration to mine base mineral (for example, lead, copper, nickel) and to deal in precious stones will cost $2 000 and $100 000 respectively.

The registration to deal in precious stones will be valid for five years. Registering a mining and special mining lease will cost $25 000 and $50 000 respectively.

Application for registration of a precious metal block and its registration licence now costs $1 000 respectively.

Annual fees for a block of claims, special grants and mining leases of precious stones are now pegged at $1 125 per five hectares.

Second and subsequent inspection for block of claims (base minerals, precious metals) and mining lease will now cost $1 000 per five hectares. The annual fees for mining special grant will cost $50 per hectare per year.

The renewal fee for a mining special grant has been pegged at $5 000, while the application for extension for a mining special grant is now at $50 000.

To renew a certificate of registration as an approved prospector, one has to fork out $2 500.

A permit to transport ore now costs $100 and the permit would be valid for three months.

Export permit fees for platinum group of metals, white matte and base metal concentrates have been set at $62 500 for the former and $50 000 each for the remaining two.

The export permit for base metal concentrates were set at $50 000, $500 per three months for ferro alloy, while for refined base metals it will cost $18 750.

A shipment of cut and polished diamonds was set at $250, while for rough or uncut diamonds the cost will be $50 000.

A gold jewellery permit is now at $2 500.

The permits for explosive and storage licence was set at $500 per year. A permit to acquire and possess explosives will cost $2 500 per year, while to obtain an import and export licence per would cost $5 000 per consignment.

A licence to manufacture explosive at factory will cost $50 000 for five years, while for that to manufacture the explosives at mine will cost $5 000 per year.

The Zimbabwe Miners Federation president, Ms Henrietta Rushwaya, welcomed the new gazetted fees, saying they were in line with the obtaining situation in the economy.

“We believe the fees are fair taking into account the prevailing economic situation in the country,” she said. “We also think they will go a long way in clearing the backlog that we were experiencing at the provincial and district services as they were waiting for the fees to be gazetted.” The Herald

Related Articles

Winston Chitando, then Minister of Mines and Mining Development in Zimbabwe (Picture via X - Ministry of Information)

Exclusive: ZACC investigates Mines Ministry over decision made during Chitando era

0
Three months after President Emmerson Mnangagwa removed Winston Chitando as Minister of Mines and Mining Development, the ministry has come under investigation by the Zimbabwe Anti-Corruption Commission (ZACC) over the controversial cancellation of a coal mining concession linked to Sengwa Colliery.
Winston Chitando, Minister of Mines and Mining Development in Zimbabwe (Picture via Mining Zimbabwe)

Mnangagwa fires Mines Minister Winston Chitando as factional battles heat up

0
HARARE - President Emmerson Mnangagwa has fired Winston Chitando from his position as Minister of Mines and Mining Development and replaced him with his deputy, Polite Kambamura.
Winston Chitando, Minister of Mines and Mining Development in Zimbabwe (Picture via Mining Zimbabwe)

Zimbabwe’s Minister of Mines invited to China Gold Congress and Expo 2024

1
HARARE - Winston Chitando, Minister of Mines and Mining Development in Zimbabwe, has been invited to attend the 4th China Gold Congress and Expo, taking place July 26-28, 2024, at the National Convention Center in Shanghai.
President Emmerson Mnangagwa (Picture via X - @edmnangagwa)

Mnangagwa reassigns Chitando to Mines, demotes Soda Zhemu to Housing

3
HARARE - President Emmerson Mnangagwa has reassigned Winston Chitando as Mines and Mining Development Minister and demoted Soda Zhemu to the Ministry of National Housing and Social Amenities.
The Forever Associates Zimbabwe (FAZ), is allegedly run by CIO deputy director Retired Brigadier-General Walter Tapfumaneyi

Notorious FAZ gang abducts village head for receiving donated cement

1
Three men from Forever Associates Zimbabwe (FAZ) on Wednesday allegedly abducted and threatened to kill Munamati Village head in Ward 8 Gutu Central, Wilfred Munamati, for receiving ten bags of cement donated by a local CCC candidate for use in the construction of a flat bridge across a stream in the area.

Don't miss a story

Breaking News straight to your inbox.

No spam just news !

0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Donate to Nehanda Radio

Latest Recipes

Latest

More Recipes Like This