Republic of Zimbabwe

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Mining
Gold Mining / Exploration

Buck Special Grant Gold Mining Project

Reserved Area MSC 002, Mazowe; Mashonaland Central Implementing Entity: Mining Promotion Corporation Exploration and mining development opportunity

Project Ref: ZIM-ZIDA-019 · Source: ZIDA 2025 Projects deck, pages 45–46 — Pending Official Validation · Published Sep 2025

Catalogue Seed

Beneficiary Ministry

Mines & Mining

Status

Published

Data Verification

Pending Official Validation

Financing Instrument

Structure TBD

Development Objective

Gold project on the Harare-Shamva Greenstone Belt with historical production and confirmed orebody indicators.

Project Design

Project Description

The project targets a historically productive shear zone associated with Buck Mine, with inferred resource estimates and potential open-cast mining for a portion of the resource.

Project Design

Project Scope

  • Undertake further exploration and drilling
  • Proceed with mine development
  • Assess open-cast potential

Financial Performance

Project Components

Cost Component 2
Total Estimated Project Cost

Estimated figures — subject to change based on feasibility and resource availability.

Financial Performance

Financial Performance Data

IRR
NPV
ROI
Payback Period
Projected Revenue

Impact

Expected Development Outcomes

  • Mining-sector development
  • Export earnings
  • Resource exploration
  • Private investment

Institutional Alignment

Institutional & Stakeholder Alignment

SDGs:891217
Beneficiary ministry:Mines & Mining (Primary)

National Alignment

  • Mining, Beneficiation & Resource Development: NDS1 (2021–2025) — mining value-chain priority area
  • Investment Attraction & Private Sector Growth: ZIDA Act [Chapter 14:37] (2019) — One-Stop Investment Services Centre
  • Diaspora, Trade & Global Partnerships: NDS1 / NDS2 — diaspora and trade priority areas

Illustrative alignment mapping — pending official ZIDA/ministry validation.

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Buck Special Grant Gold Mining Project