Zimbabwe aims to take a 26% free carry interest in new mining projects and negotiate similar stakes in existing operations, marking a trend in Africa towards increased national ownership in mining. The Northern Miner offers a membership for deeper access to this industry news.
Zimbabwe is officially seeking to enhance its ownership in mining operations, aligning itself with other African nations pursuing similar goals. The government plans to implement a 26% free carry interest in newly established mining projects and intends to negotiate for a comparable stake in projects already in operation. This initiative is part of a broader trend among African states to increase their stake in natural resource management and profits.
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Zimbabwe’s move to secure a 26% stake in mining projects reflects a significant shift toward enhanced national ownership in the sector, mirroring actions taken by other African countries. The TNM Membership offers valuable resources for those interested in the mining industry, with options for free trials enabling initial exploration of its benefits.
Original Source: www.northernminer.com