CONSOLIDATED GOLD COMPANY SIGNS JOINT VENTURE WITH ARRAY METALS TO PROCESS GOLD IN MUMBWA

20th May 2020, Lusaka, Zambia – ZCCM Investments Holdings (ZCCM-IH) has entered into a joint venture partnership through its subsidiary Consolidated Gold Company Zambia (CGCZ), with Array Metals, a global mining firm to process gold ore in Mumbwa, west of Lusaka. 

An initial investment of approximately $2.5 million will be invested in this first stage of the project and will go towards the setting up of a gold wash plant and other mining machinery to mine and process placer gold raw material.

In the JV agreement, CGCZ will hold a 65% stake and Array Metals Zambia will have 35% in the project, with an initial phase targeted gold production of about 3 tonnes, worth approximately $150 million at current prevailing market prices.

“We have a two-year study conducted by Array Metals that has an estimated inferred resource by JORC standards of 3 million tonnes of gold ore material containing between 2.5 and 3.5 grams of the precious metal per tonne” said Array Metals Group Vice President Mr Chris Rugari after the signing of the agreement. 

Mr Rugari stated that overall the total targeted gold production is 7, 500 kgs from this resource, estimated to be worth $400 million at the current prevailing market price. He however said that the agreement with CGCZ will first process part of the resource and later ramp up production and processing.

Witnessing the signing of the JV agreement, ZCCM-IH Chief Executive Officer Mr Mabvuto Chipata said that ZCCM-IH’s strategic drive to harness the gold potential as mandated by Government from areas with recorded gold occurrences in the country is aimed at contributing to the 40 tonne target, which can only be achieved through such partnerships. 

And CGCZ Chief Executive Officer Mr. Faisal Keer further stated that the CGCZ is partnering with various small-scale gold miners in the country by providing mining technical expertise, and providing access to earth moving machinery and gold processing lines to kick-start and boost their gold production.  

Mr Keer added that the mining and processing operations in the Mumbwa project is earmarked to start by Mid June 2020, once all statutory and regulatory approvals are obtained. 

“As a medium-sized company, we are very excited about this partnership because it gives us an opportunity to work directly with the Government in contributing meaningfully to the development of Mumbwa traditionally known for agriculture, through economic diversification, local participation and job creation”, Mr Rugari added.

CGCZ is a gold processing and trading Joint Venture partnership between Karma Mining Services and Rural Development (55%) and ZCCM-IH (45%).

-END-

Issued by:
Loisa Mbatha-Kakoma
Public Relations Manager
ZCCM Investments Holdings Plc

kakomal@zccm-ih.com.zm   

NOTE TO THE EDITOR:

About ZCCM Investments Holdings Plc

ZCCM Investment Holdings PLC is an investment holding company in which Government holds directly about 17.25% shares through the Ministry of Finance and its 60.28% shares is held through the Industrial development Corporation (IDC) in Zambia, with the remaining 22.47% held by institutional and private individual shareholders. ZCCM-IH is listed on London Stock Exchange, Lusaka Securities Exchange and Paris Euronext Access.

ZCCM-IH currently has an investment portfolio of 23 companies, including Consolidated Gold Company Limited, a gold processing and trading Company in Zambia owned by Karma Rural Development and Mining Services (65%) and ZCCM-IH (49%).

Download the full download here: CGCZ signs JV with Array Metals

CONSOLIDATED GOLD COMPANY GOLD PROCESSING OPERATIONS COMMENCES IN RUFUNSA

Phase one of the Consolidated Gold Company Limited (CGCZ) gold processing project in Rufunsa has commenced.

The Phase involves ten (10) gold milling plants with a processing capacity of 30 tonnes of ore per day, and a targeted average of 7.5 kilograms gold production per month.

The next stage of the Phase is also underway which involves the setting up of the gold vat leaching plant in Rufunsa. The plant is aimed at chemically processing the gold stock piles from two old gold mines, and concentrates from the gold milling plants.

The vat leaching plant which is scheduled to be completed by June 2020 will have a processing capacity of 8, 000 tonnes of ore material per leach, and a targeted gold production of 17.5 kilograms per month.

The total targeted gold production envisaged is 25 kilograms per month from both the milling and the vat leaching plants.

A total of approximately $3.15 million has been injected in these two production lines, following the successful completion and launch of a gold laboratory set at a total cost of $250, 000 in Lusaka in March 2020.

A total of approximately $3.5 million will be spent on the Rufunsa project.

ZCCM-IH Chief Executive Officer Mr Mabvuto Chipata undertook a site visit in the first week of May 2020 to check on the progress of the project, and expressed happiness that the project was on course, despite a few delays in bringing in the required equipment from manufacturers outside the country due to the covid-19 pandemic.

Mr Chipata said that ZCCM-IH looks to officially launching the project by July 2020 once a few gold dore bars are produced.   

CGCZ Chief Executive Officer Mr Faisal Keer who accompanied Mr Chipata stated that the business model involves working with various artisanal and small scale gold miners in providing access to the milling plants, with the view to increase the gold production.

He added that CGCZ is also helping licensed small scale gold miners with mining technical expertise and safety, and also providing access to earth moving machinery in order to increase gold ore production that is subsequently processed using the milling plants.  

Phase two of the project which will involve setting-up the same model in Mumbwa District is expected to start before the end of the year.

CGCZ is a gold processing and trading Joint Venture partnership between Karma Mining Services and Rural Development (55%) and ZCCM-IH (45%).

-END-

Issued by:
Loisa Mbatha-Kakoma
Public Relations Manager
ZCCM Investments Holdings Plc

kakomal@zccm-ih.com.zm               

NOTE TO THE EDITOR:

About ZCCM Investments Holdings Plc

ZCCM Investment Holdings PLC is an investment holding company in which Government holds directly about 17.25% shares through the Ministry of Finance and its 60.28% shares is held through the Industrial development Corporation (IDC) in Zambia, with the remaining 22.47% held by institutional and private individual shareholders. ZCCM-IH is listed on London Stock Exchange, Lusaka Securities Exchange and Paris Euronext Access.

ZCCM-IH currently has an investment portfolio of 23 companies, including Consolidated Gold Company Limited, a gold processing and trading Company in Zambia owned by Karma Rural Development and Mining Services (65%) and ZCCM-IH (49%).

Download the full document here: Press Release – Consolidated Gold Company Commences Operations in Rufunsa (13.05.2020)

Tender for the Supply and Delivery of 1No. Mobile Lighting Plant and 1No. 2,000 Litres Mobile Fuel Tank ONB No.: ZCCM-IH/049/2020

  1. ZCCM Investments Holdings Plc. has received financing from own sources toward the CAPEX for the 2019/2020 Financial Year, and it intends to apply part of the proceeds of this financing to payments under the Contract for the Supply and Delivery of 1No. Mobile Lighting Plant and 1No. 2,000 Litres Mobile Fuel Tank for Mining Operations at the Kasenseli Gold Mine in Mwinilunga District of North-Western Province,
    Tender No.: ZCCM-IH/049/2020.
  1. ZCCM Investments Holdings Plc now invites sealed bids from eligible and qualified bidders for the Supply and Delivery of 1No. Mobile Lighting Plant and 1No. 2,000 Litres Mobile Fuel Tank for Mining Operations at the Kasenseli Gold Mine in Mwinilunga District.
  2. Bidding will be conducted through the Open National Bidding (ONB) procedures specified in the Public Procurement Act of 2008 and the Public Procurement Regulations of 2011 and is open to all bidders from Eligible Source Countries as defined in the Bidding Documents. The following CEEC preferential treatment shall be applied as part of the evaluation:

3.1 Citizen-influenced company – 4%
3.2 Citizen-empowered company – 8%
3.3 Citizen-owned company – 12%

  1. Interested eligible bidders may obtain further information from the address below and inspect the Bidding Documents at this address from 08:00 – 13:00 and 14:00 – 17:00 local time, Monday to Friday inclusive.
  1. Qualifications requirements include:
  2. i) Experience as a prime supplier in the Supply and Delivery of 1No. Mobile Lighting Plant and 1No. 2,000 Litres Mobile Fuel Tank for Mining Operations at the Kasenseli Gold Mine in Mwinilunga District of at least two (02) contracts of a similar nature and scope in the last five (05) years;
  1. ii) A minimum amount of liquid assets and/or credit facilities of ZMW 600,000.00.
  1. A complete set of Bidding Documents in English may be purchased by interested bidders ON THE SUBMISSION OF A WRITTEN APPLICATION to the address below and upon payment of a non-refundable fee of Zambian Kwacha Five Hundred (ZMW500.00). The method of payment will be either by Cash or Bank Certified Cheque.
  2. Due to COVID-!9 pandemic, ZCCM-IH is requesting all potential bidders to deposit the non-refundable fee of Zambian Kwacha Five Hundred (ZMW500.00) stated in item 6 above into the following ZCCM-IH Account:

BANK: STANDARD CHARTERED BANK

BRANCH: Main Branch
ACCOUNT NAME: ZCCM INVESTMENTS HOLDINGS PLC
ACCOUNT NUMBER: 0100110001501
Currency: ZMW or USD equivalent.

  1. The address referred to above is:

K D Kabwe (Mrs.)
Procurement Manager

ZCCM Investments Holdings Plc.
ZCCM-IH Office Park, Stand No. 16806
Alick Nkhata Road, Mass Media Area
Lusaka, Zambia
Tel: +260-211-388000

E-mail: kabwek@zccm-ih.com.zm

  1. Bids must be delivered to the address below at or before 10:00 hours on Monday, 15th June 2020. Electronic bidding shall not be permitted. Late bids will be rejected. Bids will be opened physically in the presence of the bidders’ representatives who choose to attend in person at the address below immediately after 10:00 hours on Monday, 15th June 2020.  All bids must be accompanied by a Bid Securing Declaration.
  2. The address referred to in clause 8 is:

K D Kabwe (Mrs.)
Procurement Manager

ZCCM Investments Holdings Plc.
ZCCM-IH Office Park, Stand No. 16806
Alick Nkhata Road, Mass Media Area
Lusaka, Zambia
Tel: +260-211-388000

E-mail: kabwek@zccm-ih.com.zm

Download the document here: Invitation for Bids – Supply Delivery of a Mobile Lighting Plant Fuel Tank and Water Bowser – 12 05 2020 – Final

Tender for the Supply, Delivery, Installation and Commissioning of Pre-fabricated Offices and Miscellaneous Use Containers at Kasenseli Gold Mine in Mwinilunga District of North Western Province ONB No.: ZCCM-IH/037/2020

  1. ZCCM Investments Holdings Plc. has received financing from own sources toward the CAPEX for the 2019/2020 Financial Year, and it intends to apply part of the proceeds of this financing to payments under the Contract for the Supply, Delivery, Installation and Commissioning of Pre-fabricated Offices and Miscellaneous Use Containers at Kasenseli Gold Mine in Mwinilunga District of North Western Province, Tender No.: ZCCM-IH/037/2020.
  2. ZCCM Investments Holdings Plc now invites sealed bids from eligible and qualified bidders for the Supply, Delivery, Installation and Commissioning of Pre-fabricated Offices and Miscellaneous Use Containers at Kasenseli Gold Mine in Mwinilunga District.
  3. Bidding will be conducted through the Open National Bidding (ONB) procedures specified in the Public Procurement Act of 2008 and the Public Procurement Regulations of 2011 and is open to all bidders from Eligible Source Countries as defined in the Bidding Documents. The following CEEC preferential treatment shall be applied as part of the evaluation:
    1. Citizen-influenced company – 4%
    2. Citizen-empowered company – 8%
    3. Citizen-owned company – 12%
  4. Interested eligible bidders may obtain further information from the address below and inspect the Bidding Documents at this address from 08:00 – 13:00 and 14:00 – 17:00 local time, Monday to Friday inclusive.
  5. A Site Visit shall be conducted at Kasenseli Gold Mine in Mwinilunga District on 27th May 2020 at 09:30 Hours.
  1. Qualifications requirements include:
    • Experience as a Prime Contractor in the Supply, Delivery, Installation and Commissioning of Pre-fabricated Offices and Miscellaneous Use Containers at Kasenseli Gold Mine in Mwinilunga District must be at least two (02) contracts of a similar nature and scope in the last five (05) years;
    • A minimum amount of liquid assets and/or credit facilities of
      ZMW 1,600,000.00.
  1. A complete set of Bidding Documents in English may be purchased by interested bidders ON THE SUBMISSION OF A WRITTEN APPLICATION to the address below and upon payment of a non-refundable fee of Zambian Kwacha Five Hundred (ZMW500.00). The method of payment will be either by Cash or Bank Certified Cheque.
  2. Due to COVID-!9 pandemic, ZCCM-IH is requesting all potential bidders to deposit the non-refundable fee of Zambian Kwacha Five Hundred (ZMW500.00) stated in item 6 above into the following ZCCM-IH Account:

BANK: STANDARD CHARTERED BANK

BRANCH: Main Branch
ACCOUNT NAME: ZCCM INVESTMENTS HOLDINGS PLC
ACCOUNT NUMBER: 0100110001501

Currency: ZMW or USD equivalent.

  1. The address referred to above is:

K D Kabwe (Mrs.)
Procurement Manager

ZCCM Investments Holdings Plc.
ZCCM-IH Office Park, Stand No. 16806
Alick Nkhata Road, Mass Media Area
Lusaka, Zambia
Tel: +260-211-388000

E-mail: kabwek@zccm-ih.com.zm

  1. Bids must be delivered to the address below at or before 10:00 hours on Friday, 15th June 2020. Electronic bidding shall not be permitted. Late bids will be rejected. Bids will be opened physically in the presence of the bidders’ representatives who choose to attend in person at the address below immediately after 10:00 hours on 15th June 2020.  

All bids must be accompanied by a Bid Securing Declaration.

  1. The address referred to in clause 8 is:

K D Kabwe (Mrs.)

Procurement Manager

ZCCM Investments Holdings Plc.
ZCCM-IH Office Park, Stand No. 16806
Alick Nkhata Road, Mass Media Area
Lusaka, Zambia
Tel: +260-211-388000

E-mail: kabwek@zccm-ih.com.zm

Download the document here: Invitation for Bids – Supply Delivery of Pre-fabricated Offices at Kasenseli – 12 05 2020 – Final

Request for Expressions of Interest (EOI) for the Independent Assessment of ZCCM-IH’s Environmental Liabilities, Contract No.: ZCCM-IH/048/2020

1.0     Background

ZCCM Investments Holdings Plc. (ZCCM-IH) is an investment holding company with diversified interests in mining, energy, banking, property and other sectors of the Zambian economy. The company has a primary listing under ISIN number ZM0000000037on the Lusaka Stock Exchange, and secondary listings on London Stock Exchange and Euronext Stock Exchange in Paris.

The Zambian Government (GRZ) directly holds 17.25% of the shares in ZCCM-IH and 60.28% indirectly through Industrial Development Corporation (IDC), an investment company wholly owned by the Zambian Government. With the remaining 22.47% being held by institutions and individuals. The geographical spread of the minority shareholders, who number around 4300, covers over 29 countries in Europe, Africa, the Caribbean, Australia, Asia and the USA.

Following the privatization of the assets of Zambia Consolidated Copper Mines (ZCCM) Ltd in 2000, ZCCM Investments Holdings (ZCCM-IH) Plc was left with the responsibility of addressing statutory and contractual environmental obligations of Zambia Consolidated Copper Mines Limited (ZCCM Ltd) which were not passed on to the new mine investors.

A number of environmental obligation were addressed by ZCCM-IH through the support of a World Bank supported project, the Copperbelt Environment Project (CEP) that closed in March 2011. Due to time and cost constraints some of the environmental obligation were not addressed although consultancies were commissioned by ZCCM-IH to assess the liabilities.

Some of the environmental obligations not addressed by ZCCM-IH, include the following:

  1. Demolition and Site Clean-up of No. 1 Nkana Cobalt Plant in Kitwe;
  2. Closure of Overburden Dumps No. 53 (OB53) and 54 (OB54) in Kitwe; and
  • Construction of Bund wall around Overburdens dumps in Chingola.

Environmental obligation that had studies commissioned to assess closure cost included the Demolition and Clean-up of No. 1 Nkana Cobalt Plant in Kitwe. Consultancies were not commissioned to assess the Closure of Overburden Dumps No. 53 (OB53) and 54 (OB54) in Kitwe and the Construction of Bund wall around Overburdens dumps in Chingola, although a joint assessment of cost for the latter was estimated by representative of ZCCM-IH and Konkola Copper Mines Plc. 

Before and after privatisation the following studies assessed the safety and environmental status and estimated cost for closure of the following ZCCM-IH environmental obligations:

  • The Environmental Impact Statement of ZCCM Ltd (1997),
  • The Counterpart Environmental Management Plans (2003),
  • The Consolidated Environmental Management Plans (2005),
  • The Geotechnical and Dam Safety Assessment (2007).

ZCCM-IH now wishes to engage a consultant to undertake an independent assessment of ZCCM-IH’s environmental liabilities.

ZCCM-IH now invites eligible consultants to indicate their interest in providing the above services. Interested firms must provide information to demonstrate that they are qualified to perform the services (brochures, description of similar assignments, experience in similar conditions etc.).

Interested consultants may obtain further information at the address below during office hours between 08:00 – 13:00 hours and between 14:00 – 17:00 hours local time from Monday to Friday.

A consultant will be selected using Quality and Cost Based Selection (QCBS) method. Interested consultants must submit one (01) original and three (03) hard copies of the Expression of Interest (EOIs) to the address below no later than Wednesday, 27th May 2020.

 

Procurement Manager

ZCCM Investments Holdings Plc
ZCCM-IH Office Park
Stand No. 16806, Alick Nkhata Road
Mass Media Complex Area
P.O. Box 30048
Lusaka.

Email: kabwek@zccm-ih.com.zm

Download the document here: Request for EOIs for the Independent Assessment of ZCCM-IH Environmental Liabilities – May 2020

REQUEST FOR EXPRESSIONS OF INTEREST (EOI) FOR THE FULL VALUATION OF ZCCM-IH INVESTEE COMPANIES, CONTRACT NO.: ZCCM-IH/047/2020

1.0     Background

ZCCM Investments Holdings Plc. (ZCCM-IH) is an investment holding company with diversified interests in mining, energy, banking, property and other sectors of the Zambian economy. The company has a primary listing under ISIN number ZM0000000037on the Lusaka Stock Exchange, and secondary listings on London Stock Exchange and Euronext Stock Exchange in Paris.

The Zambian Government (GRZ) directly holds 17.25% of the shares in ZCCM-IH and 60.28% indirectly through Industrial Development Corporation (IDC), an investment company wholly owned by the Zambian Government. With the remaining 22.47% being held by institutions and individuals. The geographical spread of the minority shareholders, who number around 4300, covers over 29 countries in Europe, Africa, the Caribbean, Australia, Asia and the USA.

ZCCM-IH holds the majority of its investments in the mining sector and has shareholding interest in the undernoted companies;

  Company Relationship Shareholding % Status
1 Ndola Lime Company Limited Subsidiary 100.00% Active
2 Misenge Environmental and Technical Services Ltd Subsidiary 100.00% Active
3 Nkandabwe Coal Mine Limited Subsidiary 100.00% Inactive
4 Kariba Minerals Limited Subsidiary 100.00% Active
5 Kabundi Resources Limited Subsidiary 100.00% Active
6 Mushe Milling Company Subsidiary 100.00% Active
7 Limestone Resources Limited Subsidiary 100.00% Inactive
8 ZCCM Gold Limited Subsidiary 51.00% Active
9 Investrust Bank Plc Subsidiary 71.40% Active
10 Rembrandt Properties Limited Associates 49.00% Active
11 Consolidated Gold Company Limited Associates 45.00% Active
12 Maamba Collieries Limited Associates 35.00% Active
13 Konkola Copper Mines Plc Associates 20.60% Active
14 Kansanshi Mining Plc Associates 20.00% Active
15 Copperbelt Energy Corporation Plc Associates 24.10% Active
16 CEC Africa Investments Limited Associates 20.00% Active
17 Lubambe Copper Mine Plc Associates 20.00% Active
18 CNMC Luanshya Copper Mines Plc Associates 20.00% Active
19 NFC Africa Mining Plc Associates 15.00% Active
20 Chibuluma Mines Plc Associates 15.00% Active
21 Chambishi Metals Plc Associates 10.00% Active
22 Mopani Copper Mines Plc Associates 10.00% Active
23 Oranto Oil Block Associates 10.00% Active
24 Nkana Alloy Smelting Company Limited Associates 10.00% Inactive

IFRS requires that investments be stated at fair value at every annual reporting period. This requires that a valuation of the investments is conducted every financial year to ascertain their fair values. The fair valuation is conducted by an independent consultant as will be appointed from time to time. In this respect fair valuation for the preceding financial year was conducted by Imara Corporate Finance.

ZCCM-IH now invites eligible consultants to indicate their interest in providing the above services. Interested firms must provide information to demonstrate that they are qualified to perform the services (brochures, description of similar assignments, experience in similar conditions etc.).

Interested consultants may obtain further information at the address below during office hours between 08:00 – 13:00 hours and between 14:00 – 17:00 hours local time from Monday to Friday.

A consultant will be selected using Quality and Cost Based Selection (QCBS) method. Interested consultants must submit one (01) original and three (03) hard copies of the Expression of Interest (EOIs) to the address below no later than Wednesday, 27th May 2020.

Procurement Manager

ZCCM Investments Holdings Plc
ZCCM-IH Office Park
Stand No. 16806, Alick Nkhata Road
Mass Media Complex Area
P.O. Box 30048
Lusaka.

Email: kabwek@zccm-ih.com.zm 

Download the document here: Request for EOIs for the Provision of Full Valuation of ZCCM-IH Investee Companies – May 2020

Invitation for Bids (IFB) Provision of Security Services at Kasenseli Gold Mine in Mwinilunga District and MAWE Complex in Kalulushi District ONB No.: ZCCM-IH/034/2020

  1. ZCCM Investments Holdings Plc. has received financing from own sources toward the CAPEX for the 2020 Financial Year, and it intends to apply part of the proceeds of this financing to payments under the Contract for the Provision of Security Services at:
    1. Lot 1 – Kasenseli Gold Mine in Mwinilunga District of North Western Province and;
    2. Lot 2MAWE Complex in Kalulushi District.IFB No.: ZCCM-IH/034/2020.
  2. ZCCM Investments Holdings Plc now invites sealed bids from eligible and qualified bidders for the Provision of Security Services at Kasenseli Gold Mine in Mwinilunga District of North Western Province and MAWE Complex in Kalulushi District.The duration for each of the contracts is 12 months.
  3. Bidding will be conducted through the Open National Bidding (ONB) procedures specified in the Public Procurement Act of 2008 and the Public Procurement Regulations of 2011 and is open to all bidders from Eligible Source Countries as defined in the Bidding Documents. The following CEEC preferential treatment shall be applied as part of the evaluation:
    1. Citizen-influenced company – 4%
    2. Citizen-empowered company – 8%
    3. Citizen-owned company – 12%
  4. Interested eligible bidders may obtain further information from the address below and inspect the Bidding Documents at this address from 08:00 – 13:00 and 14:00 – 17:00 local time, Monday to Friday inclusive.
  5. Qualification requirements include:
    1. Experience as a prime service provider in at least two (02) contracts of a similar nature and scope in the last five (05) years;
    2. A minimum amount of liquid assets and/or credit facilities of:
      1. Lot 1 – ZMW149,538.46; and
      2. Lot 2 – ZMW58,153.85
    3.  Average Annual Turnover for the past three (03) years of
      1. Lot 1 – ZMW1,944,000.00; and
      2. Lot 2 – ZMW756,000.00.
  6. A complete set of Bidding Documents in English may be purchased by interested bidders ON THE SUBMISSION OF A WRITTEN APPLICATION to the address below and upon payment of a non-refundable fee of Zambian Kwacha Five Hundred (ZMW500.00). The method of payment will be either by Cash or Bank Certified Cheque.
  7. The address referred to above is:
    K D Kabwe (Mrs.)
    ZCCM Investments Holdings Plc.
    ZCCM-IH Office Park, Stand No. 16806
    Alick Nkhata Road, Mass Media Complex Area
    Lusaka, Zambia
    Tel: +260-211-388000
    E-mail: kabwek@zccm-ih.com.zm
  8. Bids must be delivered to the address below at or before 10:00 hours on Wednesday, 27th May 2020. Electronic bidding shall not be permitted. Late bids will be rejected. Bids will be opened physically in the presence of the bidders’ representatives who choose to attend in person at the address below immediately after 10:00 hours on 27th May 2020.  This will be done in conformity with the GRZ Guidelines regarding wearing face masks and observing social distancing during the period of the COVID-19 pandemic
  9. All bids must be accompanied by a Bid Securing Declaration.
  10. There will be site visits and pre-bid conferences as follows:
    1. Lot 2 – Mawe Complex in KalulushiDate: Wednesday, 13th May 2020
      Time: 10:00 hours
      Place: All Bidders to meet at ZCCM-IH, Technical Directorate
      Mawe Complex, Plot 27 of Farm 1937
      Maina Soko Road, Kalulushi.
       
      Lot 1 – Kasenseli Gold Mine in Mwinilunga District
       
      Thursday, 14th May 2020
      Time: 13:00 hours
      Place: Kasenseli Area in Mwinilunga District. All Bidders to meet at the DC’s Office in Mwinilunga District at 12:00 hours.
  11. The address referred to in clause 8 is:K D Kabwe (Mrs.)
    ZCCM Investments Holdings Plc.
    ZCCM-IH Office Park, Stand No. 16806
    Alick Nkhata Road, Mass Media Complex Area
    Lusaka, Zambia
    Tel: +260-211-388000
    E-mail: kabwek@zccm-ih.com.zm

Download the document here: Invitation for Bids – Provision of Security Services at Kasenseli Gold M…

Supply and Delivery of Fencing Materials for Kasenseli Gold Mine in Mwinilunga District of North Western Province

    1. ZCCM Investments Holdings Plc. has received financing from own sources toward the CAPEX for the 2020 Financial Year, and it intends to apply part of the proceeds of this financing to payments under the Contract for the Supply and Delivery of Fencing Materials for Kasenseli Gold Mine of Mwinilunga District of North Western Province; Contract No.: ZCCM-IH/028/2020.
    2. ZCCM Investments Holdings Plc now invites sealed bids from eligible and qualified bidders for the Supply and Delivery of Fencing Materials for Kasenseli Gold Mine of Mwinilunga District. The duration of the works is 6-8 weeks. The fencing materials are to be delivered to Kasenseli Gold Mine in Mwinilunga District of North Western Province.
    3. Bidding will be conducted through the Open National Bidding (ONB) procedures specified in the Public Procurement Act of 2008 and the Public Procurement Regulations of 2011 and is open to all bidders from Eligible Source Countries as defined in the Bidding Documents. The following CEEC preferential treatment shall be applied as part of the evaluation:
      1. Citizen-influenced company – 4%
      2. Citizen-empowered company – 8%
      3. Citizen-owned company – 12%
    4. Interested eligible bidders may obtain further information from the address below and inspect the Bidding Documents at this address from 08:00 – 13:00 and 14:00 – 17:00 local time, Monday to Friday inclusive.
    5. Qualifications requirements include:
      1. Experience as a prime supplier in the supply of at least two (02) contracts of a similar nature and scope in the last five (05) years;
      2. A minimum amount of liquid assets and/or credit facilities of ZMW5, 478,000.00.
    6. complete set of Bidding Documents in English may be purchased by interested bidders ON THE SUBMISSION OF A WRITTEN APPLICATION to the address below and upon payment of a non-refundable fee of Zambian Kwacha Five Hundred (ZMW500.00). The method of payment will be either by Cash or Bank Certified Cheque.
    7. The address referred to above is:
      K D Kabwe (Mrs.)
      ZCCM Investments Holdings Plc.
      ZCCM-IH Office Park, Stand No. 16806
      Alick Nkhata Road, Mass Media Complex Area
      Lusaka, Zambia
      Tel: +260-211-388000
      E-mail: kabwek@zccm-ih.com.zm
    8. Bids must be delivered to the address below at or before 10:00 hours on Thursday, 14th May 2020. Electronic bidding shall not be permitted. Late bids will be rejected. Bids will be opened physically in the presence of the bidders’ representatives who choose to attend in person at the address below immediately after 10:00 hours on 14th May 2020
    9. All bids must be accompanied by a Bid Securing Declaration.
    10. The address referred to in clause 8 is:
      K D Kabwe (Mrs.)
      ZCCM Investments Holdings Plc.
      ZCCM-IH Office Park, Stand No. 16806
      Alick Nkhata Road, Mass Media Complex Area
      Lusaka, Zambia
      Tel: +260-211-388000
      E-mail: kabwekd@zccm-ih.com.zm

Download the Document here: Invitation for Bids – Supply Delivery of Fencing Materials for Kasenseli Gold Mine – April 2020

Press Statement on Commencement of Manganese Mining in Serenje by Kabundi Resources Limited

ZCCM-IH COMMENCES MANGANESE MINING OPERATIONS IN SERENJE

05th May 2020, Lusaka, Zambia – Works at the manganese mine in Serenje have commenced following the end of the heavy rains that had hampered kick-starting operations, posing a challenge in accessing the mine site areas.

ZCCM Investments Holdings Plc (ZCCM-IH) through its wholly owned subsidiary Kabundi Resources Limited (KRL) are on site and have started Phase one of the project in the small-scale mining license, with an initial capital injection of K18.6 million.

Phase two of the project which is scheduled to start before the onset of this year’s rainy season will be extended to other areas of the ZCCM-IH Large Scale Exploration area in Serenje.

ZCCM-IH Chief Executive Officer Mr. Mabvuto Chipata undertook a site visit end of April 2020, were he also inspected works at the Kampumbu Resettlement area earmarked for relocation of nine (9) households from the Kabundi mine site.

The Resettlement Action Plan (RAP) approved by the Zambia Environmental Management Services (ZEMA) involves the construction of an additional one-by-two classroom block, a health center, nine-by-three bedroomed houses for the relocation of the Project Affected families, one house for a teacher, and another house for a medical staff.

These buildings will also be serviced and fully connected with piped water sourced from water boreholes to be drilled in the area.
Mr. Chipata was happy with the progress made both at the mining operation and the RAP sites.
He stated that the mine will be fully operational by July 2020, and looked forward to having it officially launched by August 2020.

ZCCM-IH will spend a total of K4.5 million to fulfil the RAP obligations, which are scheduled to be handed over to the beneficiaries in June 2020.

The RAP project has so far employed over 20 locals. KRL will further employ over 150 youths at the mine site as production scales up upon relocation of the affected families.
KRL targets to mine about 60,000 tonnes of manganese by the end of the year during the ramp up period of operations.

Production is targeted to reach 240,000 tonnes of manganese ore annually once commercial production is achieved.
The Company is a strategic investment aimed at diversifying the commodity mix of the ZCCM-IH’s portfolio which is largely comprised of copper producing assets.

-END-

Issued by:
Loisa Mbatha-Kakoma
Public Relations Manager
ZCCM Investments Holdings Plc

kakomal@zccm-ih.com.zm

Download the Press Release here: Press Statement on Commencement of Manganese Mining in Serenje by Kabundi Resources Limited

ZCCM Gold Company has injected approximately K45 million in Kasenseli Gold Mine Project in Mwinilunga

ZCCM Gold Company has injected approximately K45 million for the initial phase of the Kasenseli Gold Mine Project in Mwinilunga.

With the granting of the exploration licence by the Ministry of Mines and Minerals Development end of March 2020, ZCCM Gold moved on site and started mobilisation in the first week of April 2020 to undertake detailed exploration that will determine the extent of gold mineralisation in the licence area.

According to a statement released to the media by Loisa Mbatha-Kakoma, the Public Relations Manager for ZCCM Investments Holdings Plc, the extensive exploration works which includes geophysics, geochemistry and diamond drilling activities are aimed at delineating the hard-rock (underground) gold deposit in the licence area.

The mining and processing of the alluvial (surface) gold is pending approval of the Environmental Project Brief (EPB) by the Zambia Environmental Management Authority (ZEMA), and the granting of the mining licence by the Ministry of Mines.

The capital injection will also go towards the fencing of the licence area to avoid and prevent any intrusion from outsiders.

Over 40 locals will be employed in the fencing exercise scheduled to start this week. The fence is an additional security measure to the state security that is already on the ground and keeping vigil, patrolling the area to wade off any illegal activities.

Speaking during a courtesy call on Chief Chibwika early April, ZCCM-IH Chief Executive Officer Mr. Mabvuto Chipata indicated that it has taken a bit of time to start the operations at the mine due to a number of statutory and regulatory approvals that are required.

Mr. Chipata said that ZCCM-IH is a listed entity and cannot start any operations without obtaining the necessary and required approvals. He said ZCCM-IH is required to comply with best corporate Governance practices as required by the Lusaka Securities Exchange listing rules, the Mines and Minerals Development Act, the Zambia Public Procurement Authority Act, and the Zambia Environmental Management Authority Act.

Commenting on the coming on board by ZCCM-IH, Chief Chibwika expressed happiness that this will help address the challenges they have been facing in the area with regards to security and the need for development in the area and the district.

He appealed to ZCCM Gold that preference should be given to the local community in terms of jobs and local participation in the supply of various goods and services.

Chief Chibwika said that there is a lot of expectation from the local community with the coming of ZCCM Gold.

ZCCM-IH through ZCCM Gold has been mandated to drive the national gold agenda, working in collaboration with the Ministry of Mines and Minerals Development and other stake holders.

ZCCM Gold is undertaking and overseeing all gold related investments throughout the gold value chain in the country including exploration, mining, processing, refining, marketing, trading and beneficiation in Zambia.

ZCCM Gold is owned 51% by ZCCM-IH and 49% by the Ministry of Finance.