Commercial Farmers' Union of Zimbabwe

Commercial Farmers' Union of Zimbabwe

***The views expressed in the articles published on this website DO NOT necessarily express the views of the Commercial Farmers' Union.***

Mines challenge land grab

Mines challenge land grab

http://www.theindependent.co.zw/

May 10, 2013 in Business

THE Chamber of Mines Zimbabwe (CoMZ) will at its annual general meeting and 
conference slated for next week in Nyanga challenge government’s decision to 
repossess idle mining claims from mining companies for reallocation to new 
investors.

Taurai Mangudhla

At a pre-conference briefing, chamber president Winston Chitando said the 
mining body’s submissions for a new Minerals Development Policy, which 
interrogates clauses of the proposed land policy, are expected to be tabled 
before government via the Mines and Minerals Development ministry early next 
week, ahead of the conference.

“There are two specific issues; that of Zimplats and then there is a policy 
issue of taking over excess land.

“We have included the policy issue of taking excess land in the Minerals 
Development Policy, ie. what the definition of excess land is and how to 
handle a case where land is deemed to be excess,” said Chitando without 
being drawn to give specific details of the mining body’s argument.

“It would be most unfair that we have a document, and before we send a 
written submission, we start commenting publicly, it’s not the best way to 
negotiate,” he said.

“The general feeling among members (of CoMZ) is what defines excess land: 
that is the main issue, and again, the other issues will be covered.”

The CoMZ president said there were ongoing stakeholders’ consultative 
sessions after which a comprehensive paper covering a number of issues 
relating to mining charges, beneficiation  and administration of title 
culminating in what is excess land, would be produced.
The CoMZ will, together with the AGM, hold its annual conference which is 
expected to generally make submissions to government on key industrial 
concerns.
Government recently indicated plans to introduce higher royalties and taxes 
on mining firms in order to raise funding for the upcoming decisive 
elections.
In February, the Mines ministry repossessed 28 000 hectares of excess claims 
from Zimplats, amid looting and speculation concerns, a development minister 
Obert Mpofu said was to allow other players to invest in the sector.
The Mines minister argued that at current extractive rates, Zimplats would 
take 300 years to fully exploit its platinum resources along the Great Dyke.
Similar moves, according to Mpofu, were expected across the extractive 
industry, together with the introduction of high taxes on raw minerals, with 
a view to bringing in new investors and promoting local beneficiation of 
minerals.
At the time, Mpofu said: “As the sole regulator and promoter of the mining 
industry in terms of the Mines and Minerals Act (Chapter 21:05), the 
ministry is focusing on the creation of real opportunities and investment 
space by making more land available for new investments, attracting new 
players into the industry and acting on excess and idle land.”

Facebook
Twitter
LinkedIn
WhatsApp
CFU - Harare Show Grounds
Uncategorised
...

Contact Us

Commercial Farmers Union of ZimbabweHarare Show Grounds,Belvedere.Harare, Zimbabwe. P O Box WGT 390, Westgate, Harare, Zimbabwe. Tel: +263 (0)4 770029 +263 (0)4 770057 +263 (0)4

Read More »

New Posts: