A Laws.Africa project
12 June 1981

Zimbabwe Government Gazette dated 1981-06-12 number 39

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                                                               Published by Authority                              a

| Vol, LIX, No.39.                                                 12th JUNE, 1981                                                                    Price 25c

       General Notice 532 of 1981.
                                              RESERVE BANK OF ZIMBABWE ACT (CHAPTER.173]
-                 ‘         Dh      . gy
                                           Statement of Assets and Liabilities of the Reserve Bank of Zimba
        "INtermsofsection 20 of the Reserve Bank of ‘Zimbabwe Act
      Bank of Zimbabweas at the 29th May, 1981,.is publish             {Chapter 173], a statementofthe assets and liabilities of the Reserve
                                                           ed in the Sc edule.                                                  :
     12-6-8f,           |    |                                                                                                                    B. WALTERS,
                  .     *                  co!                                                                                          Secretary to the Treasury,
                                                                          _       SCHEDULE                     .
                                   STATEMENT OF ASSETSAND LIABILITIES AS AT THE 291x MAY, 1981
                                   Liabilities         To!        i                  ‘          oe                        Assets
      Capital «2. wa,                                        2.000 000
      General Reserve Fund. 2 2 1°... ,                                                    Gold and foreign assets... .. «i++                           152087085 ©
                                                              6 000 000                    Loans and advances  . . . 1 4y see
      Currency in circulation ... .. oe )6«~©—          195102178.                                                                                       57 871 780
      Deposits and other liabilities to the public... .                                    Internal investments—                    :                   197 929 546
                                                        254010466                               Government stock. .).          .         6L 353 134
     Otherliabilities .~ ;. eee we 77 666 738
                                                                                                Other    . 2...                         136 576 412
           a                                                          .                    Other assets. 2. 1 Ly                                       126 890 971
                                                          $534 779.382
                                                                                                                                                       $534 779 382

    ~ General Notice 533 of 1981,”          ot                                :             _“      of economic value during the course of prospecting
           MINES. AND MINERALS ACT [CHAPTER165]                                                     Operations within the area, and thereafter proposes ta-
                                                                                                    mine such deposits, such proposed mining operations
|    Exclusive Prospecting Order .575: Salisbury ‘Mining District                                   shall be subject to State participation, on a joint-
                                                                                                   venture basis. The specific terms and conditions of
       THE following order is published in terms of subsection (2)                                  State participation shall be the subject of negotiations
     of section 92 of the Mines and: Minerals Act [Chapter 165]:                                    between the Goyernment of Zimbabwe and the con- —
      -. “I, Maurice Nyagumbo, Minister’ of Mines, with the                                         cession-holder, The Governmentshall retain the right
       approval of the President; hereby, in terms of subsection (1)                                to impose such obligations as are necessary to promote
       of section 92 of the Mines and Minerals Act [Chapter 165],                                  ~the mining of uranium and other radioactive minerals
     . Make an’ exclusive, prospecting. order, in favour of Union                                   in the national interest;
     _ Carbide Rhomet (Private) Limited, over the area described                                (d) the area be abandoned by 60 per cent, within seven *
       hereunder, in the Salisbury mining distiict, in ‘relation to the                             months of the date from which the rights granted
       mapsreferences Nyamuomba Island 1628B4, Kariba 1628D2,                                      under this order may be exercised.
       Marongora 1629A1, Rekometjie Research Station 1629A2,                              - Union Carbide Rhomet (Private) Limited is authorized, in
    _ Makuti 1629A3, Mangaingai 1629B1, Manyangau 1629B3,                                terms      of subsection (4) of section 94 of the Mines and
      Nzoe 1629C1, Kent Store 1629D1 and Chatigera 1629C2, all                            Minerals Act [Chapter 165], to prospect on all registered
      of the Second Edition, of the scale 1 : 50000, produced by                          base mineral blocks which were not being worked or deve-
      the Surveyor-General, subject to the following conditions—                          loped on the 27th August, 1980, being the date of the lodging

         (a) the order is.made in respect’ of cobalt, . copper,                           of the application for this order.      .
            ' molybdenum, tungsten and uranium;.
        (b). the . concession-holder shall carry out -prospecting                                    .      . Description of area
       "operations in a manner satisfactory to the Minister                                  An-area of approximately 393-350 hectares, situated in
           of Mines, which:shall include compliance with the                               the Salisbury mining district and bounded by a line com-
           following requirements—          oo,           oo                               ‘mencing where the Chimwa River meets the east bank of
             (i) the proposed airborne survey shall be. conducted                           the Zambezi River (grid reference 35KPM969864), which
            -    in accordance with the’ specifications set by the                         is approximately 15 kilometres north-north-east of Kariba,
                 Director, Department. of Geological Survey, as                           and. which is coincidental with the southernmost-beacon of
                 detailed in his minute’reference 404, dated the                           Exclusive Prospecting Order 582; thence proceeding on a
                 Ist October, 1980;     Me                                                 true bearing of 46° for a distance of approximately .20,8
         ’ Gi) the concession-holder shall provide such infor-                             Kilometres along the boundary of Exclusive Prospecting
               mation on the ‘results of.the proposed airborne                             Order 582 to where a. track Crosses an unnamed stream
                ‘survey and subsequent prospecting work as may                             (grid reference 35KQN120007), which is coincidental with
                be requested by the Director, Department of                                a corner beacon of Exclusive Prospecting Order 582: thence
                Geological Survey;                                                         on a true bearing of 57° for a distance of approximately
                                                                                           32,6 kilometres to where a track ‘crosses the Mukondore
       (c) in the event that the concession-holder should dis- |                           River (grid reference 35KQN396183); thence on a true
            cover uranium or other radioactive mineral deposits                            bearing of 94° for a distance of. approximately 28 kilo~

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