Zimbabwe Seeks Greater Ownership in Mining Projects

Zimbabwe is set to enhance its stake in mining projects by demanding a 26% free carry interest in new endeavors, and will negotiate similar interests for current operators, aligning with a growing trend among African countries in the mining industry.

Zimbabwe is actively pursuing increased ownership in mining ventures, aspiring to acquire a 26% free carry interest in new mining projects. Additionally, the country intends to negotiate similar stakes with current operators. This shift aligns Zimbabwe with other African nations advocating for greater control within the mining sector.

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In summary, Zimbabwe’s intention to secure a 26% ownership stake in new mining projects reflects a broader trend across African nations towards increased mineral resource management. With membership options from The Northern Miner, individuals can gain extensive access to industry news and data, facilitating informed decision-making in the mining sector.

Original Source: www.northernminer.com