1. Home
  2. Blog
  3. Revenue Paid By Mimosa Mining Company Zimbabwe Government

Revenue Paid By Mimosa Mining Company Zimbabwe Government

Mimosa Pays 125 Million In Royalties Newsday Zimbabwe

Oct 16, 2012 ZIMBABWES second largest platinum miner Mimosa has paid 125 million in royalties amid concerns by the government that mining firms are not significantly contributing to Treasury, a company ...

Mimosa Gives 10 To Zimbabwe Locals Miningmx

Dec 12, 2011 miningmx.com ZIMBABWES Mimosa mine, a joint venture between Impala Platinum and Aquarius, has given a 10 stake to locals, a government minister said on Monday, as it aims to meet a controversial law on local ownership.

Government Suspends Tax On Raw Platinum Exports The

Jul 17, 2019 Following Governments call for platinum producers to promote beneficiation, Zimbabwes only three operating platinum miners, Unki, Mimosa Mining Company in Zvishavane and Zimplats in

Mystery Of Sanctioned Tycoons Assets In Zimbabwe Revival

May 11, 2021 In December, the government of Zimbabwe announced a multibillion-dollar project called Kuvimba Mining House Ltd. that would hold some of

The Case Of Platinum For Zimbabwe

government revenue is that platinum produced in Zimbabwe is not fully processed, hence fetches less on the market. A look at monthly trends between the international platinum prices and total government revenue, total tax revenue after removing non-tax revenues from total government revenue

Pdf Community Share Ownership Trust Scheme And

Mimosa Mining Company a nd Un ki Mine followed suite. The Community Share Ownership Trust was launched by the Government of Zimbabwe in order to empower

Does The 2020 National Budget Have Mining Fiscal Scaffolds

Nov 21, 2019 Interestingly, the 2020 national budget came at a time when government, in October, launched its mining strategy to hit a target of US12 billion by

Miners Tumble As Harare Turns Up Heat Miningmx

Mar 28, 2011 The bourses platinum mining index was down 3.43. Foreign mining firms in Zimbabwe must sell a majority stake to local black investors within six months, according to a release in the Government Gazette. It was released on Monday but dated from Friday.

Mining In Zimbabwe Time To Use It Or Lose It

Mar 04, 2020 Mining in Zimbabwe time to use it or lose it. By JP Casey 04 Mar 2020. Between colonial intervention and a weak regulatory framework, mining in Zimbabwe has struggled to live up to its potential. With the government cracking down on undeveloped licenses, and aiming to force companies to use it or lose it, we consider the history of ...

Zimbabwe Revenue Authority

The form should be submitted at the Port of Entry to officers of the Radiation Authority of Zimbabwe RPAZ, prior to clearance of the motor by the Zimbabwe Revenue Authority. A prescribed fee will be paid before tests are conducted for radiation contamination by officers of the Radiation Authority of Zimbabwe RPAZ.

Zimbabwe Aquarius Impala May Close Over Tax

Feb 09, 2015 Bloomberg Mimosa Mining Co., a venture between Aquarius Platinum Ltd. and Impala Platinum Holdings Ltd., would shelve an expansion and its sole mine could be idled if Zimbabwe implements a levy on exports of unprocessed metal, a company document shows.. The companies asked Zimbabwes government last month to clarify whether they will be charged the 15 percent levy.

Metals And Mining November Prominer Shanghai Mining

Metals amp Mining McKinsey amp Company. ... and materials scientists and engineers who work in industry, academia, and government positions around the world. TMS is a qualified 501c3 tax-exempt organization EIN 25-1484913. ... Revenue Paid By Mimosa Mining Company Zimbabwe Government

Most But Not All South African Companies Are

Dec 17, 2019 The SEZ covers special mining grants issued to Karo Zimbabwe in the Great Dyke and will see Karos platinum mining project entitled to numerous fiscal incentives. Impala Platinum Implats owns an 87 stake in Zimbabwean company Zimplats. Zimplats chairman Sydney Mufamadi who was a South African government minister from 1994 to 2008 in late ...

Mimosa Fy Revenue Rises To Us270m The Zimbabwe

Aug 14, 2015 Mimosa Platinum Mines revenue for the full-year to June rose 5 to US272 million as it delivered all time record production of over 236 000 ounces of platinum group metals 4E. The Source Bermuda-headquartered platinum miner, Aquarius Platinum said 4E production at its 50 owned Zimbabwe unit was higher at 236,067oz from 221,359oz in the ...

Mimosa Scoops 3 Tax Appreciation Awards The Chronicle

Oct 20, 2015 THE countrys second biggest platinum miner, Mimosa Mining Company, has scooped three tax appreciation awards from the Zimbabwe Revenue

Mnangagwa Challenges Mining Sector

Chibafa took over from Mimosa Mining Company corporate a airs executive Elizabeth Nerwande. But the Unki CFO comes in at a time when the industry faces several problems. e challenges were compounded by the outbreak of Covid-19 last year. Members will be banking on him to negotiate with government and push for policies that

Mimosa Sees Long Stay In Zimbabwe The Sunday News

Nov 01, 2015 THE countrys second largest platinum mine Mimosa Mine in Zvishavane has lined up major capital projects, among them adding capacity to the existing mill, upgrading the crusher and its mine ventilation system at an estimated capital expenditure of 82 million in the next five years. This, said the company shareholders, buttresses the companys commitment to Zimbabwe with a new

Public Notice 72 Of Zimbabwe Revenue Authority

Zimbabwe Revenue Authority - ZIMRA. 10 mins . Public Notice 72 of 2021 Notice to all business operators in Zimbabwe Master data update. 22.

Zimbabweans Surrounded By Mineral Riches But Living In

Aug 16, 2021 A 2015 Zimbabwe Open University study on mineral revenue argues that governments and mining companies promise communities from which

Kuvimba Got Mines From Company Linked To Tagwirei

Jul 06, 2021 KUVIMBA Mining House Ltd., which the Zimbabwean government says it controls, said it bought its assets from a company linked to a tycoon sanctioned by the

Pdf Sustainability Of Zimbabwes Platinum Mining Sector

sustainability of mining in Zimbabwe in general and the platinum . ... Mimosa and Unki share the remainder, ... states in general and Zimbabwe government in particular lacks an .

Metallon Corporation Linkedin

Zimbabwe Revenue Authority ZIMRA Official Government Administration Harare, Harare Moose and Co ... Mimosa Mining Company Mining amp Metals

Does The 2020 National Budget Have Mining Fiscal Scaffolds

The plans by Mimosa to purchase or lease platinum claims is a reminder to government that there is potential to raise revenue from released platinum claims, for example. There is lack of urgency to comply with the Constitution when it comes to transparency and accountability in the negotiations and performance monitoring of mining agreements.

Zimbabweshutdown Sa Mining Companies Weather The Storm

Jan 21, 2019 Implats said Zimplats and Mimosa received their revenue in US dollars and highlighted that the company was hopeful it would be able to continue remunerating employees in

Reprieve For Platinum Miners

Feb 14, 2016 Mining companies want Government to ensure that royalties paid by the miners are deductible for income tax purposes. The proposal to render royalties payable by Mimosa non-deductible for income tax purposes was implemented with effect from the year of assessment beginning on 1 January 2014, and therefore impacted Mimosa from the start of the ...

Unki Platinum Mine In Zimbabwe Economics Essay

The main purpose of this report is to bring in your notice the risks of operating Unki platinum mine in Zimbabwe. The Unki report shows that the feasibility studies for the mine project were completed in 2001 and additional trial mining was done in 2002 followed by the official launch in August 2003 The Standard, January 16, 2004, Anglo seeks govt nod for Unki project, Accessed 10092012 ...

Home Equity Axis

Equity Axis is a financial media and financial research company with operations in Zimbabwe. We mainly cover the African market.

Zimbabwe Revenue Authority Zimra Zimbabwe Trade

We are here to serve. ZIMRA is the revenue collecting arm of the Government of Zimbabwe. Our mission is to promote economic development through efficient revenue generation and trade facilitation. As a revenue authority, ZIMRA strives to be a beacon of

Mimosa Mining Could Cancel Expansion Plans At Platinum

Feb 11, 2015 Zimbabwe -based Mimosa Mining may drop its platinum mine expansion plans if the country places a levy on exports of unprocessed metal.Mimosa Mining is a venture between Aquarius Platinum and Impala Platinum .In January, the company requested the government to clarify the 15 levy proposal. Initially, the levy was proposed in 2013 in an attempt to boost the mining companies

How Zimbabwes New Fiscal Regime Impacts On Mining

Aug 20, 2019 How Zimbabwes New Fiscal Regime Impacts On Mining Sector. Totemic. That is the word which perhaps aptly sums up the potential of Zimbabwes huge and diverse mineral wealth to propel the countrys socio-economic development agenda.

Mining Weekly Sovereign Wealth Fund May Be Only Zim

Mar 28, 2014 The Zimbabwe government officially announced the introduction of the SWF in January 2013, noting that it would support fiscal or macroeconomic stabilisation of government

Size Chunk Resources Posts Facebook

Mimosa Mining Company said revenue for the quarter to September 2014 increased by 4 percent to 82 million, from 79 million in the previous quarter due to higher metal prices. Production increased by 1 percent to 655,034 tonnes, quarter-on-quarter while head grade decreased by 1 percent to 3,64 gra

Mimosa Mining Company Pvt Ltd Company Profile

Opens New Window. MIMOSA MINING COMPANY PVT LTD is located in Zvishavane, Zimbabwe and is part of the Metal Ore Mining Industry. MIMOSA MINING COMPANY PVT LTD has 1340 employees at this location and generates 173.88 million in sales USD. Employees figure is estimated, Sales figure is modelled.

Mimosa Revenue Up 4pc The Herald The Herald

Oct 27, 2014 Business Reporter. Mimosa Mining Company said revenue for the quarter to September 2014 increased by 4 percent to 82 million, from 79 million in

Mimosa Mining Could Cancel Expansion Plans At Platinum

Feb 09, 2015 If the expansion plans are abandoned, shareholders may lose 183m in potential revenue over three years, Bloomberg reported citing Mimosa Minings document. Mimosa open pit mine is located in the northern part of Zimbabwe and has estimated reserves of 7.9 million ounces of platinum. Last year, in an effort to raise country revenues and pay government workers, President Mugabes