Zimbabwe may confiscate unused mining licenses from companies as part of Command Mining

In a document outlining initiatives of the proposed Command Mining program, Zimbabwe may confiscate unused mining licenses from companies.

Other recommendations by the the Chamber of Mines include revisiting the Gold Trade Act “to allow for the ease of handling and transportation of gold to buying centers” and speeding up mine registration. In the document the Chamber of Mines states that large mines are sitting on lots of unused claims.

More: Bloomberg