AMN - CONFERENCE: Zimbabwe is mining investment friendly

Zimbabwe has turned a new leaf by announcing new investor friendly mining policies which will be a focal point of the Zimbabwe Mining Investment Conference 2018 on 27 and 28 February at the 5-star Meikles Hotel in Harare.

The country is open for business and is determined to rapidly grow its economy with mining investors being key players.

The Zimbabwe Mining Investment Conference 2018 will discuss and showcase the vast investment opportunities in Zimbabwe’s growing mining sector.

The new government is committed to supporting and protecting investors and has assured investors that ALL FOREIGN INVESTMENT IN ZIMBABWE IS 100% SAFE.

Zimbabwe is endeavouring to be amongst the safest investment destinations with clear and predictable investments policies and incentives. Foreign investors can now own up to 100% in all mining projects with the exception of platinum and diamonds.

Zimbabwe offers a once in a lifetime opportunity. The country’s 800 mines have capacity to earn US$18 billion per annum, but have only been turning out about US$2 billion annually since 2009, representing about a tenth of the sector’s full potential.

This translates to an incredible opportunity for investors and the government is fully committed to create an enabling environment for investors.

Hon. Winston Chitando, the new Mines and Mining Development Minister and an industry veteran, says his vision is centred on making Zimbabwe a destination for mining investments.

His vision is designed to increase capacity utilisation, capital for miners and exploration. He says policy consistency and clarity are some of the key issues that he is committed to putting in place to build and maintain confidence, enabling Zimbabwe to attract much-needed mining investments in the sector.

The predictable policy framework has already been demonstrated by repealing the indigenisation legislation in all areas of mining except for diamonds and platinum.

This year conference organisers are expecting over 300 high-level decision making delegates to attend to discuss projects and speak to the project owners.

The event will provide a forum to build relationships with the most important local, regional and international senior executives involved in Zimbabwe’s mining sector.

It will bring together mining companies, government stakeholders and a broad range of investors, including sovereign wealth funds, institutional investors, fund managers, corporate investors, offtakers, mining consultants, private equity managers, debt equity financiers, asset managers, investment banks, frontier funds and impact investors.

Zimbabwe has vast mineral wealth with more than 60 minerals including platinum, chrome, gold, lithium, coal, tin, copper, limestone, coal bed methane, natural gas, granite and more.

Zimbabwe has the second largest platinum and chrome deposits in the world and is the fifth largest producer of lithium with production poised to increase further with expansions plans by Bikita Lithium and with Prospect Resources seeking to raise US$50 million to go into production.

It also has 765 billion cubic metres of measured coal bed methane resources and 30 billion tonnes of coal and 21 known deposits.

The full list of speakers can be view on the event website: www.miningreport.co/zimbabwe

To register for this event click on the link below.

Ticket Prices: International Delegates - Early bird ticket US$600 & international delegate standard ticket US$900. Zimbabwe delegates - Early bird tickets US$400 & Zimbabwe standard tickets US$600. Zimbabwe small scale miners - Early bird US$250 & standard tickets US$400. VIP tickets - US1000.

To book: www.zimmining.eventbrite.com