THE government says the recently launched mining claims matchmaking platform, a one-stop shop for investors to partner with mining claim holders, will be a valuable tool for promoting investment in the mining sector.
The platform is a brainchild of the Zimbabwe Investment and Development Agency (Zida).
Speaking at launch of the platform recently, Willard Manungo, deputy chief secretary for policy analysis, coordination, devolution and development planning in the Office of President and Cabinet, said the platform was a significant milestone for the mining sector.
“It is a web-based platform that allows users to search for available claims, view detailed information about each claim, and submit bids,” he said.
“The platform is also designed to facilitate communication between investors and mining companies, making it easier to negotiate and finalise deals.
“I believe that the platform will be a valuable tool for promoting investment in the mining sector. It will make it easier for investors to find and acquire the claims they need, and it will help to create a more efficient and transparent mining industry,” Manungo noted.
He said he was confident that the mining claims matchmaking platform will be a success, adding that it is a well-designed platform that meets the needs of both investors and claim holders.
“I urge you to make use of this platform to its full potential and help to promote investment in the mining sector,” Manungo said.
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Zida chief executive officer Tafadzwa Chinamo said the platform allows claim holders to register their claims and specify the type of assistance they are seeking, such as technical assistance, tributary partnerships, joint venture partnerships and debt. Claim holders can also fund buyers through the platform.
Zida markets the claims to potential investors on the platform.
“The platform is open to all mining claim holders in Zimbabwe, regardless of whether they are individuals, companies, or syndicates,” Chinamo said.
“To register on the platform, claim holders need to scan and upload their identification documents, claim registration certificate, valid inspection certificate, site map, and make a payment of US$500.”
He said the platform allowed investors to connect with holders of mining claims in Zimbabwe and express their interest.
The platform is open to both local and international investors.
To access the platform, investors need to register and submit relevant information, such as their contact details, investment objectives, and the type of mining claim they are interested in.
Investors also need to pay a registration fee of US$1 000.
Once an investor's registration has been approved, they will be able to view registered mining claims and express their interest.
The investor will then be given further details to be able to contact and negotiate with the owner of the chosen claim(s) on a one-on-one basis.