The Zambian government received gold mining equipment financed by the European Union (EU) on Thursday to improve gold mining. Zambia Consolidated Copper Mines Investment Holdings (ZCCM-IH) will administer the equipment, that includes four lockers, four gold detectors, 12 turntables, and two gold mine shaker tables to be used in southern Vubwi and Lundazi districts.
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Zambia Gold (the ‘Company’) is co-owned by ZCCM Investments Holdings Plc with a 51% stake and the Ministry of Finance owning the remaining 49% stake. Zambia Gold is mandated to lead the development of the gold sector in Zambia by undertaking commercial activities for the benefit of all stakeholders.
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Located in west central Zambia and lying within known mineralised iron oxide copper-gold (IOCG) terrain, the Mumbwa Copper-Gold Project licence area is some 5,200km² in extent. Containing a large IOCG mineralisation system with anomalous uranium, comparisons have inevitably been made between this deposit and Australia’s legendary world-class Olympic Dam.
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Mr Mantiziba, who has vast experience in gold mining, assured the delegation that GTD uses environmentally sound methods to extract gold. “We do not use chemicals that harm the environment, we
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He said gold mining is not too complicated like copper mining as there is no need of a lot of equipment. Mr Magande Zambia needs to learn from neighbouring countries like South Africa that had developed from empowering the local people through participation in the mining that take place in their area.
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The Zambian government received gold mining equipment financed by the European Union EU on Thursday to improve gold mining. Zambia Consolidated Copper Mines Investment Holdings ZCCM-IH will administer the equipment, that includes four lockers, four gold detectors, 12 turntables, and two gold mine shaker tables to be used in southern Vubwi.
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Mining companies in Zambia focus on excerpting copper and uranium, as well as gold, nickel and industrial deposits, which are more limited. For companies interested in mining operations, or the opening of mining companies, in Zambia, the Zambian Ministry of Mines, under which the Chamber of Mines is located, is the first port of call.
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Mining companies in Zambia focus on excerpting copper and uranium, as well as gold, nickel and industrial deposits, which are more limited. For companies interested in mining operations, or the opening of mining companies, in Zambia, the Zambian Ministry of Mines, under which the Chamber of Mines is located, is the first port of call.
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Zambia Gold (the ‘Company’) is co-owned by ZCCM Investments Holdings Plc with a 51% stake and the Ministry of Finance owning the remaining 49% stake. Zambia Gold is mandated to lead the development of the gold sector in Zambia by undertaking commercial activities for the benefit of all stakeholders.
WhatsAppGet PriceGet A Quote
The Zambian government received gold mining equipment financed by the European Union (EU) on Thursday to improve gold mining. Zambia Consolidated Copper Mines Investment Holdings (ZCCM-IH) will administer the equipment, that includes four lockers, four gold detectors, 12 turntables, and two gold mine shaker tables to be used in southern Vubwi and Lundazi districts.
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The Zambian government received gold mining equipment financed by the European Union EU on Thursday to improve gold mining. Zambia Consolidated Copper Mines Investment Holdings ZCCM-IH will administer the equipment, that includes four lockers, four gold detectors, 12 turntables, and two gold mine shaker tables to be used in southern Vubwi.
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