Zimbabwe Mining Report Q1 2010 - Market Research Reports - Research and Markets

Printer Friendly

Printed from http://www.researchandmarkets.com/reports/1204377

Zimbabwe Mining Report Q1 2010

Description:

Zimbabwe Mining Report provides industry professionals and strategists, corporate analysts, mining associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Zimbabwe's mining industry.

The geology of Zimbabwe is very richly endowed. Of the 40 known metals and minerals that it is home to: gold, platinum and chrome form the principal endowments. The country’s gold reserves are among the largest in Africa, while it hosts the second largest platinum reserves in the world. Another segment that has caught the attention of miners in Zimbabwe, is diamonds after the discovery of a number of significant kimberlites.

Latest News In September 2009, there was a renewed focus on mining on the part of the government. President Robert Mugabe and Prime Minister Morgan Tsvangirai both made speeches stating that the country would be looking to review its Mines and Minerals Act by year-end 2009. At the same time, it is likely that the country will implement ‘rational’ mining royalties and taxes and take moves to deregulate the sector, according to Tsvangirai. Bloomberg has quoted Tsvangirai as saying the nation currently has a ‘window of opportunity’ to prepare a conducive policy environment by mid-2010. Present royalty levels stand at 10% for diamonds, 3% for gold and 1% for coal. There is also an expectation that the country will now speed up the approval of mine licences, as it looks to restart activity within this key economic sector. However, there were no new announcements on this subject by mid-December, when this report went to press.

It remains to be seen how any amendments to national mining policy will deal with the issue of black empowerment. The previous policy of the Zanu-PF government was that local investors should hold a 51% stake in all Zimbabwean mining activity. However, this has been rejected by mining companies, which say they should be allowed to set lower empowerment stakes, with a maximum ceiling of 40%, according to reports in the local media. Tsvangirai has said that any new programme of black empowerment should be implemented in line with international norms and should not discriminate against non-black Zimbabweans. In the authors view, there is a pressing need to negotiate with mining companies and thereby resolve the issue of mining ownership, so foreign investors can work within a clear legal framework.

New Data For 2010, the authors have made significant changes to the way in which we forecast mining data. As well as using local statistics agencies and associations, we now also draw on the expertise of the UN’s Industrial Commodity Statistics Database, the US Geological Survey and the World Bureau of Metal Statistics for our historical export and production data. We then forecast this data using our own proprietary econometric model. Human intervention also plays a necessary and desirable role in our mining forecasting; experience, expertise and knowledge of industry trends and developments ensuring that we can spot likely future changes and anomalous data that a purely mechanical model would not.

Industry Forecast Zimbabwe’s mining sector has experienced a traumatic series of years over the past decade. However, there are reasons for guarded optimism as we enter 2010. Investment is returning to the sector, following the establishment of a national unity government. The 2009 liberalisation of the gold sector was a further positive.

Consequently, we believe the scene is set for a period of strong growth for the Zimbabwean mining sector, although we would stress that this remains dependent on a continuation of the relative political stability that has endured in recent months.

Contents:

Executive Summary

SWOT Analysis
Zimbabwe Political SWOT
Zimbabwe Economic SWOT
Zimbabwe Business Environment SWOT

Industry Trends And Developments
Overview
Regulatory Structure And Developments
Mining Seen As Key To Recovery

Key Projects
Metals
Iron
Gold
Chrome
Nickel
Platinum
Minerals
Coal
Diamonds

Business Environment
Africa Mining Overview
Table: Africa Mining Business Environment Ratings
Zimbabwe’s Business Environment Rating
Legal Framework
Labour Force
Table: Zimbabwe’s Demographic Indicators, 2000-2030
Foreign Investment Policy

Political Environment

Industry Forecast Scenario
Aluminium Price Outlook
Table: BMI’s Aluminium Price Forecast, 2009 And 2010
Table: Aluminium Outlook, 2005-2010
Copper Price Outlook
Table: BMI’s Copper Forecast, 2009 And 2010
Table: Copper Outlook, 2005-2010
Commodities Outlook
Table: BMI’s Gold Forecast, 2009 And 2010
Global Industry Overview
Regional Overview
Zimbabwe’s Mining Industry Forecast
Table: Zimbabwe’s Mining Industry, 2007-2014

Competitive Landscape
Table: Key Players In Zimbabwe’s Mining Sector

Company Monitor
African Consolidated Resources
Caledonia Mining Corporation
Hwange Colliery Company (HCC)
Zimbabwe Platinum Mines (Zimplats)

Appendices
Appendix A: Global Assumptions
Table: Global And Regional Real GDP Growth, 2008-2011 (%)
Table: Global Assumptions, 2008-2014
Table: Developed Market Exchange Rates, 2008-2011 (average)
Table: Emerging Market Exchange Rates, 2008-2011 (average)
Appendix B: Business Environment Ratings Methodology
Table: Mining Business Environment Indicators
Table: Weighting Of Components

Companies Mentioned

- African Consolidated Resources - Caledonia Mining Corporation - Hwange Colliery Company (HCC) - Zimbabwe Platinum Mines (Zimplats)

Ordering:

Order Online - visit http://www.researchandmarkets.com/reports/1204377

Order by Fax - using the order form below

Order By Post - print the order form below and send to

Research and Markets,
Guinness Centre,
Taylors Lane,
Dublin 8,
Ireland.

Page 1 of 2
Printed 15/02/2012 08:27:46

Fax Order Form
To place an order via fax simply print this form, fill in the information below and fax the completed form to
646-607-1907 (from USA) or +353 1 6849977 (from Rest of World). If you have any questions please email help@researchandmarkets.net

Order information
Please verify that the product information is correct and select the format you require.


Product Name:
Zimbabwe Mining Report Q1 2010
Web Address:
http://www.researchandmarkets.com/reports/1204377
Office Code:
OC8IHINLSNNSS

Report formats
Please enter the quantity of the report format you require.

	Format	Quantity	Price
	Electronic (PDF) - Single User		€393.00

Contact information
Please enter all the information below in BLOCK CAPITALS.


	First Name:	Last Name:
	Email Address:
	Job Title:
	Organisation:
	Address:
	City:
	Postal/Zip Code:
	Country:
	Phone Number:
	Fax Number:

Please fax this form to:
(646) 607-1907 or (646) 964-6609 (from USA)
+353-1-481-1716 or +353-1-653-1571 (from Rest of World)

Page 2 of 2
Printed 15/02/2012 08:27:46

Payment information

Please indicate the payment method you would like to use by selecting the appropriate box.

Pay by Credit Card:

	American Express
	Diners Club
	Master Card
	Visa


Cardholder's Name:

Cardholder's Signature:

Expiry Date:	/

Card Number:

CVV Security Code:

Issue Date:	/ (Diners Club only)

Pay by Check:

Please post the check, accompanied by this form, to:

Research and Markets,
Guinness Centre,
Taylors Lane,
Dublin 8,
Ireland.

Pay by Wire Transfer:

Please transfer funds to:


Account number:	83313083
Sort code:	98-53-30
Swift code:	ULSBIE2D
IBAN number:	IE78ULSB98533083313083
Bank Address:	Ulster Bank, 27-35 Main St, Blackrock, Co. Dublin, Ireland.

If you have a Marketing Code please enter it below:
	Marketing Code:

Please note that by ordering from Research and Markets you are agreeing to our Terms and Conditions at http://www.researchandmarkets.com/info/terms.asp

Please fax this form to:
(646) 607-1907 or (646) 964-6609 (from USA)
+353-1-481-1716 or +353-1-653-1571 (from Rest of World)