Zimbabwe bans foreigners from small-scale gold mining sector

THE Government of Zimbabwe has, henceforth, banned foreigners from the small-scale gold mining sector, which is now exclusively reserved for Zimbabwean citizens and wholly Zimbabwean-owned entities

Mines Minister Polite Kambamura announced the new policy in Harare this Friday. The measures aim to promote local miners, reduce foreign dominance, and curb rampant environmental degradation from mechanised operations along riverbeds as well as avoid clashes with communities.

“With immediate effect, the small-scale gold mining sector in Zimbabwe is reserved exclusively for Zimbabwean citizens and Zimbabwean citizen wholly owned entities,” Kambamura said.

Under the new measures, no foreign individual, foreign-controlled company, or foreign beneficial owner may acquire, hold, or control any mining title classified under small-scale gold mining. Foreign entities are also barred from participating directly or indirectly in the operation or management of such activities.

“The ban extends to any arrangement—tribute agreements, joint ventures, syndicates, or partnerships—intended to give foreign parties economic or operational control over reserved small-scale mining. Nominee arrangements, proxy ownership, undisclosed beneficial ownership, and other mechanisms designed to circumvent the policy will be unlawful and subject to cancellation and enforcement action.

“For the policy, small and medium-scale gold mining refers to operations producing up to 20kg of gold per month and/or with capital investment of up to US$15 million. Operations exceeding either threshold will be classified and regulated under the applicable large-scale mining framework.

“Persons and entities currently operating in the small and medium-scale sector must regularise their operations with the Ministry of Mines by 1 January 2027.

“The re-registration process will require verification of citizenship and beneficial ownership; disclosure of corporate and financing structures; confirmation of compliance with environmental, tax, labour, and mineral marketing laws; and verification of production levels and capital investment thresholds.

“Any mining title not re-registered within the prescribed period shall be liable to cancellation or other regulatory action in accordance with applicable law,” Kambamura said.

Foreign investors and foreign-controlled entities currently operating in the small-scale sector must regularise their operations by transitioning to mining activities above the prescribed small-scale thresholds.

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المصدر: NewZimbabwe