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More Gold Being Sought

ZAMBIA Gold Company Limited (ZGCL) has accelerated gold explorations at its Kasenseli project in Mwinilunga as it looks to meet the increasing demand for the precious metal. ZGCL, which is a subsidiary of ZCCM-Investments Holdings (IH), has been producing gold and buying the precious metal from small-scale gold miners, with the company producing and buying over 38,320 grams and 29,523.31 grams respectively. This brings the total number of gold produced to date from the time mining activities started to 115,474 grams. ZGCL project manager Charles Mjumpi said the exploration the firm is undertaking will go a long way in increasing production to help the central bank build its gold reserves. Mr Mjumpi said the company, working with ZCCM-IH, has started preliminary mineral exploration activities in Rufunsa, with full exploration starting next month.
“At present, we are carrying out gold explorations and mining in CLICK TO READ MORE

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