The Minister of Mines and Mining Development Hon Winston Chitando has in terms of section 403 of the Mines and Minerals Act [Chapter 21:05] raised mining fees by over 800 percent pegging the fees against the United States Dollar.
An Ordinary prospecting licence that was previously pegged at RTGS$1000,00 has been raised to US$100,00 about RTGS$8 300 according to the current interbank rate an upward percent of over 800 while a Special prospecting licence is now going for US$750,00.
Application for revocation of forfeiture is now US$1 000,00, while an application for an EPO (Non-refundable) is now US$2 000,00. Application for a mining lease (Non-refundable) US$2 000,00; application for a special mining lease is now pegged at US$5 000,00 while an application for protection against forfeiture is now going for US$100,00. The minister also pegged an application for a special grant to mine part XX (non-refundable) to US$2 000,00 while duplicate Prospecting Licence is now going for US$100,00.
Registration as an approved prospector valid for 5 years is now US$4 000,00 and the registration fee for base minerals (Special block) is now US$750,00 while registration for toll elution plants US$1 000,00.
Registration for a special grant – Part XIX is now US$1 000,00 and registration to mine base minerals (Ordinary block) US$400,00 while Registration to deal in Precious Stones (Valid for 5 years) has been pegged at US$20 000,00.
Duplicate Certificate of Registration is now pegged at US$150,00; Registration of a mining lease at US$5 000,00; Application for registration of precious metal block US$200,00; Registration of precious stones blocks is now US$200,00; Registration fee for a Site is now at US$50,00 while registration of a special mining lease is now at US$10 000,00. MiningZimbabwe