Economy

Zambia to partner with with large-scale investors to modernise gold mining, boost local benefits

0

The government has announced plans to collaborate with large-scale investors to enhance gold mining operations in Zambia, aiming to maximise the sector’s potential while ensuring equitable benefits for all citizens.

Ministry of Mines and Minerals Development Permanent Secretary, Dr. Hapenga Kabeta, emphasized the government’s commitment to active participation in mining ventures.

This is according to a statement issued in Lusaka on Friday by Ministry Principal Public Relations Officer Shamwinda Tembo.

Kabeta stated that partnerships with experienced investors will modernize gold mining, boost productivity, and create sustainable economic opportunities for Zambians.

“The ministry will subdivide and allocate smaller sections of mining areas in Mufumbwe District to cooperatives, discouraging nomadic mining,” he said.

Read More: India joins global chase for Zambia, DRC critical minerals

Kabeta said this will be done while providing structured opportunities for young Zambians—an initiative set to be extended to other gold-rich regions.

He said to improve safety in artisanal and small-scale mining, the ministry will introduce a newly developed Pit Side Manual next month, providing guidance on safer techniques to address fatalities caused by a lack of technical knowledge in informal operations.

“The government also plans to establish dedicated market centers for mining cooperatives to sell their gold, following successful models in Tanzania and Ghana to streamline trade, enhance transparency, and ensure fair pricing,” Kabeta announced.

He also issued a stern warning against the illegal use of mercury in gold processing, citing severe environmental and health risks.

WARNING! All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express permission from ZAMBIA MONITOR.

Nigeria’s Dangote refinery to build large fuel storage facility in Namibia, targets Zambia, Botswana, others

Previous article

In court papers, Esther Lungu, says late President died a ‘private citizen’, barred Hichilema from seeing his corpse

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

1 × 2 =

More in Economy