Harare, Zimbabwe — MININGREVIEW.COM — 26 April 2011 – The government of Zimbabwe is considering further difficult legislation for mining companies which will force them to fund development in local communities, according to the state-owned Herald newspaper.
Citing Ministry of Mines and Mining Development officials, the newspaper reported that mining companies would be compelled to pay for development in communities in the mineral-rich nation, where they were based under proposed amendments to the Mines and Minerals Act.
They would also need permission from local community leaders before starting operations.
“We know that we need the amended Act, but it had to go through processes which could not be avoided,” said Thankful Musukutwa, permanent secretary in the Ministry of Mines.
Foreign mining companies are already facing a May 9 deadline to submit plans on how they will transfer 51% of their local equity to blacks in the southern African country.
Foreign players in Zimbabwe include Rio Tinto, Anglo Platinum and Impala Platinum.