By Stanley James
THE growing interest in mining sector projects has resulted in Zimbabwe’s yearly mining title applications going up to over 17 000 from 2 500, with government intervening to clear the backlog.
Mines and Mining Development Minister Winston Chitando confirmed the latest developments to the ZBC news after presenting a report entitled: “Sustainable and responsible mining in Zimbabwe in pursuit of vision 2030”, at the Zimbabwe National Defence University this Thursday.
Minister Chitando also outlined how the increase in the uptake of projects has increased demand for mining titles.
“Indeed, the mining sector has of late been faced with huge interest by local and external business people leading to a rise in the mining title applications. So, we have been overwhelmed but doing our best to clear the outstanding applications to ensure transparency and accountability,” he noted.
As a result of the need to enhance transparency, government has intervened.
“We have already started a pilot project and we anticipate such an initiative to bear the relevant results as we forge ahead with mechanisms to bring sanity and ensure continued sustainability of mining activities across the country.”
Some of the key features within the report include contribution of minerals to economic development, sustainable mining procedures, the state of Zimbabwe’s geology and mineral earnings potential.
It also highlighted the importance of value addition and beneficiation, capacitation and marketing of mining industries, mineral resource governance issues, investment opportunities and current incentives, among others.