Zimbabwe mining companies and players to watch

2020: Major players

Kuda Tagwirei

Businessman Kuda Tagwirei had a busy year in 2019, acquiring interests in key mining operations.

Sotic International, a Mauritius-based commodity company associated with Tagwirei, bought UK-listed Asa Holdings’ 74.13% stake in Bindura Nickel Company in October, 2019.

Tagwirei’s Landela Mining was announced as the 50% partner in Great Dyke Investments, which is developing the Darwendale platinum project.

In 2020, Landela is also likely to bid for State-owned gold mines, currently held by ZMDC. The mines were put up for sale in 2018, but Government subsequently cancelled the sale after failing to find quality investors.

Tagwirei is also among potential buyers of Metallon’s Shamva Mine. The acquisitions would extend Tagwirei’s influence in the resources and commodities business, where he already holds interests in Africa Chrome Fields and has bid for ferrochrome producer Zimbabwe Alloys.

Benedict Peters

Bravura, an exploration company owned by Nigerian billionaire Benedict Peters, was in 2019 awarded exploration contracts and access to develop the Serui Concession, just south of the Hartley complex on the Great Dyke.

“Bravura holds legal and rightful titles to exploit some platinum claims in Zimbabwe awarded to it after interests ostensibly held by the previous owners were forfeited by the Ministry of Mines as a result of their non-performance of key statutory and commercial obligations,” the company said in 2019. The company has recently posted adverts for graduate trainees in engineering.- NewZwire

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