Zimbabwe Eyes Mines & Minerals Bill: First Reading After Nine-Year Delay

Zimbabwe Eyes Mines & Minerals Bill: First Reading After Nine-Year Delay
The bill, gazetted in June, aims to replace the outdated 1961 Mines and Minerals Act.
Repeatedly delayed over the past decade, the bill offers a comprehensive legal overhaul, including:
🟠establishing a Mining Affairs Board;
🟠improving governance and transparency;
🟠enhancing environmental safeguards;
🟠recognizing small-scale miners.
The bill also covers:
🟠Mining rights acquisition and registration;
🟠Prospecting and pegging regulations;
🟠Exploration licenses;
🟠Mining leases;
🟠Payments to local authorities;
🟠Special grants.
It also addresses strategic minerals, defined as nuclear energy sources or minerals vital to Zimbabwe's economic, social, industrial, or security interests.
AI-generated image
Subscribe to @sputnik_africa