Minerals Marketing Corporation of Zimbabwe (MMCZ) was established through the MMCZ Act [Chapter 21:04] and began operations in March 1983. The Corporation is a wholly owned Government parastatal under the Ministry of Mines and Mining Development.
Its mandate includes developing sustainable markets for Zimbabwean minerals, strengthening accountability in mineral resource flows and promoting a more transparent, value-driven minerals economy.
The following functions outline how MMCZ supports producers, markets and national mineral accountability.
To act as the sole marketing and selling agent for all minerals produced in Zimbabwe with the exception of gold and silver.
To investigate or cause to be investigated marketing conditions, whether inside or outside Zimbabwe for minerals in general or any particular mineral.
To purchase and acquire any minerals for its own account and to sell or dispose of such minerals.
To encourage the local beneficiation and utilisation of any minerals.
To advise the minister on all matters connected with the marketing of minerals.
To do all things, which by this Act or any other enactment are required to be done by the Corporation (section 20 of the MMCZ Act).
