Zim Mining Indaba 2012

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President, Chamber of Mines Zimbabwe, Winston Chitando - The country had efficient systems in place and was open for investment. While potential exists for further beneficiation, it must be stressed that some products are already being beneficiated locally. Platinum Producers Association looking at developing a refinery. However, currently the volumes do not justify the investment in beneficiation.


His Excellency, Vice President of Zimbabwe Honourable John Nkomo – upstream and downstream exploitation of vast resources remain low, modern technology is required to achieve this. Skills flight remains a big challenge. Gvt intends to resuscitate the State mining companies to augment private sector production


His Excellency, The Vice President of Zimbabwe, Honourable John Nkomo Sharing a light moment with the Minister of Mines & Mines Development, Honourable Dr Obert Mpofu and The Chamber of Mines President, Winston Chitando


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The Permanent Secretary, Ministry of Mines and Mining Development, Mr Prince Mupazviriho-Since the 2011 Zimbabwe Mining Indaba, Government has approved the Zimbabwe Diamond Policy. It is also amending the Precious Stones Trade Act to ensure a single framework for all precious stones. Individual precious stones will then get their own regulations. The Mines and Mineral Act amendments should also be approved shortly. Government insists on beneficiation in its mining policy to ensure maximisation of value to the country and to address unemployment.


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Delegates networking at the Stanbic Bank Blue Bar


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Regional Chamber of Mines Pane

Charles Siwawa, CEO Chamber of Mines BotswanaIntegration and cooperation necessary in the region to realise coal, power and allied industries potential.Thiery Kankwala, Chairman, DRC Chamber of Commerce infrastructure challenges, policy review and harmonisation is a necessity. Frederick Bantubonse, General Manger, Chamber of Mines ZambiaZambia- Went through nationalisation phase post-independence (1972-2000) but due to the challenges Government faced balancing mining and numerous other competing Government objectives, they took the decision to allow privatisation back into mining.$5bn has since been invested in rehabilitation, expansion and new mines since 2000.Dr Tony AubynnCEO Chamber of Mines Ghana Ghana’s policy response to soaring gold production, amid the perception that the nation was “losing out”, was to increase tax, royalties, change treatment of capital allowances etc. resulted in Ghana being expensive to do business with. A better response could be value addition and growing the related industries – develop local industries to substitute imported inputs.


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Delegates at the conference


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Utho Capital Group CEO, Sheila Galloway (middle) engaging delegates at the Sponsors Braai


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Tshepo Kgadima, Founding President & CEO, Lontoh CoalLtd Renewable energy should not be viewed as a substitute to coal, but rather as an important part of theEnergy mix.


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Minster of State Enterprises, Honourable Gordon Moyo. African resources should be for African development. Gvt has an inter-ministerial committee set up for SOE restructuring; some will be privatised, commercialised or restructured. NRZ is one of those that may be privatised.


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The Minister of Economic Planning and Development, Honourable Tapiwa Mashakada delivering his presentation


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Herbet Mashanyare, Executive Director, Technical, Mimosa Mining Company


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Delegates at the Mine site visit at Freda Rebecca


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Nigel Chanakira, Founder & Director, AfrAsia Kingdom Zimbabwe-While deposits have increased, the levels are still far below where they ought to be. People are still reluctant to save their money in banks. Banks are lending, particularly the local banks (mining gets its fair share of loans, but infrastructure does not). However asset quality has deteriorated. Liquidity will improve with new capital requirements, but a liquid money market needs to be re-established (issuance of Treasury Bills).


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The Minister of Mines and Mining Development, The Honourable Dr. Obert M. Mpofu- The recently crafted Zimbabwe Diamonds Policy is now fully complying with the Kimberly Process, Companies should continue to align themselves with indigenisation policies. The ministry reviewed administration costs and levies to open up the sector and encourage prospecting and operationalising of mines.


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Reggie Muzariri (right), Utho Capital Director presenting prizes at the Zimbabwe Mining Indaba golf day


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External Exhibitions


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ZB bank Exhibition stand


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Marange Resources Exhibition stand


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Gala Dinner- Hosted by Stanbic Bank


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Delegates at the conference


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Delegates at the conference


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Archie Barnwell (second from right), MD Utho Capital with golfers at the Zimbabwe Mining Indaba golf day


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Delegates at the conference


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Delegates enjoying food at the sponsor’s braai.


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Mr Noah Gwariro, Managing Director, Zimbabwe Power Company- ZIZABONA and the Central Transmission Corridors are good examples of regional integration in practice


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Klasus Findt, Partner, Chief Operations Officer, Global Infrastructure, KPMG South Africa- Significant underinvestment in all areas of infrastructure in the last decades. Attracting the required investment for major infrastructure projects will require creating a conducive environment and effective regulations harmonised throughout the region.


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Mbada Diamonds, Exhibition stand


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Canada Malunga, Chairman, Zimbabwe Energy Regulatory Authority-The regulator has recently licensed a number of energy projects; huge interest has been shown particularly in coal IPPs. Recent ZERA key interventions include harmonising the IPP policy with other regulations and licensing of the E10 and E85 blended fuels.


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