Zimbabwe Mining Report - Business Monitor International - Industry Reports

Zimbabwe Mining Report

Zimbabwe Mining Report - Business Monitor International - Industry Reports
Zimbabwe Mining Report
Published Jun 25, 2016
53 pages — Published Jun 25, 2016
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Abstract:

Zimbabwe is richly endowed with deposits of chrome, gold, nickel, diamonds and platinum, among other minerals. Its gold reserves are among the largest in Africa, while it has the world s second-largest platinum reserves. ...In February ----, the country s mines minister Walter Chidhakwa cancelled existing mining licences of a number of companies by stating that their licences had expired. As a result, Anjin Investments, a joint diamond mining venture between China s Anhui Foreign Economic Construction Company Limited and the Zimbabwe Mining Development Corporation, has taken the Zimbabwean government to court to challenge the decision. We forecast Zimbabwe to experience a temporary boost in gold production this year as the impact of a recent reduction in gold mining levies leads to an increase in activity by smaller mining firms. ...At present, the country is significantly behind Africa s largest gold producers, South Africa, Ghana and the DRC in terms of its total output. Zimbabwe is posed to challenge Russia and South Africa as the world s leading platinum producer over the coming years as new investment by both existing and new players allows the country to capitalise on

...We forecast Zimbabwe s output of platinum to rise from -.-- million ounces (moz) in ---- to -.--moz by ----, with growth set to average annual growth of -.- over our forecast period. Zimbabwe is posed to challenge Russia and South Africa as the world s leading platinum producer over the coming years as new investment by both existing and new players allows the country to capitalise on its considerable reserves, which are the second largest in the world. ...Zimbabwe is posed to challenge Russia and South Africa as the world s leading platinum producer over the coming years as new investment by both existing and new players allows the country to capitalise on its considerable reserves, which are the second largest in the world. Coincidentally, the country will see its status lifted by slowing production growth in neighbouring South Africa, where serious difficulties as a consequence of labour unrest and high energy costs will mean that the world s largest platinum producer will experience major difficulties in maintaining production levels. Coincidentally, the country will see its status lifted by slowing production growth in neighbouring South Africa, where serious difficulties as a consequence of labour unrest and high energy costs will mean that the world s largest platinum producer will experience major difficulties in maintaining production levels. ...Coincidentally, the country will see its status lifted by slowing production growth in neighbouring South Africa, where serious difficulties as a consequence of labour unrest and high energy costs will mean that the world s largest platinum producer will experience major difficulties in maintaining production levels.

...� Business Monitor International Ltd Page - its considerable reserves, which are the second largest in the world. Coincidentally, the country will see its status lifted by slowing production growth in neighbouring South Africa, where serious difficulties as a consequence of labour unrest and high energy costs will mean that the world s largest platinum producer will experience major difficulties in maintaining production levels. ...

  
Source:
Document ID
1755-7917
Country
Industry
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Zimbabwe Mining Report" Jun 25, 2016. Alacra Store. Dec 06, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Zimbabwe-Mining-Report-2026-2679>
  
APA:
Business Monitor International - Industry Reports. (2016). Zimbabwe Mining Report Jun 25, 2016. New York, NY: Alacra Store. Retrieved Dec 06, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Zimbabwe-Mining-Report-2026-2679>
  
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