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Archived Tenders, ZCCM-IH

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@zccmnew.wpenginepowered.com

  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@zccmnew.wpenginepowered.com

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

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@zccmnew.wpenginepowered.com

  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@zccmnew.wpenginepowered.com

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

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@zccmnew.wpenginepowered.com

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

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@zccmnew.wpenginepowered.com 

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

ZCCM-IH Engagement Hailed

Chief Chibwika of the Lunda Speaking people of Mwinilunga District in North Western Province has hailed government  for  engaging  ZCCM-Investment Holdings PLC  to carry out exploration  of Gold in Kasenseli area  within his chiefdom.

Chief Chibwika has since  urged the community in  kasenseli to co-operate with ZCCM-IH -PLC as they  start carrying out exploration works in the area.

He  says the discovery of Gold in his chiefdom will help transform the area, district and the province at large.

Chief Chibwika  further expressed confidence that ZCCM will conform to what is expected of them to do by fulfilling their corporate  investment responsibility such as improving  standard of schools , constructing health posts and improving the water supply through drilling boreholes.

And ZCCM-IH PLC Public Relations Manager Loisa Kakoma says ZCCM-IH will carry out its Corporate social  investment in Chief Chibwika’s area  where it  will be carrying out gold exploration.

Ms. Kakoma  says among the projects to be carried out will be drilling of boreholes to provide clean drinking water , construction of a health post  and upgrading of the primary school.

Source: https://www.znbc.co.zm/news/zccm-ih-engagement-hailed/
ZCCM-IH News

EU funds Zambia to boost gold mining

The Zambian government on Thursday received gold mining equipment funded by the European Union (EU) to improve gold mining.

The equipment, including four sluice boxes, four gold detectors, 12 panning dishes, two shaking tables to be used in gold mines in Vubwi and Lundazi districts in the southern part of the country, will be administered by the Zambia Consolidated Copper Mines Investment Holdings (ZCCM-IH), a government agency that holds shares in all mining firms on behalf of the government.

The equipment was purchased at a total cost of 70,000 Euros with support of the EU under the Southern African Development Community (SADC) Trade-Related Facility project aimed at the formalization of the gold mining sector.

Mushuma Mulenga, Permanent Secretary in the Ministry of Commerce, Trade and Industry, said ZCCM-IH was chosen to administer the equipment in recognition of the effort the company was making in the gold mining sector and in view of the need to maintain and sustain the use of the equipment, according to a release.

Mabvuto Chipeta, Chief Executive Officer of ZCCM-IH, thanked the government for entrusting his firm with the responsibility of playing a key role in formalizing the artisanal gold mining sector in the country.

He said the formalization of Zambia’s artisanal and small scale gold sector was a significant, timely and pressing developmental opportunity that must now be realized. 

Source: https://newsghana.com.gh/eu-funds-zambia-to-boost-gold-mining/
Industry News

Mine needs winwin solution

MOPANI Copper Mines’ (MCM) decision to resume operations early this week is indeed commendable and reignites hope for the many employees whose lives were in a limbo.

Last month, the mine suspended its operations in Kitwe and Mufulira, sending 11,000 employees on forced leave.
It is however elating that after Government engaged Glencore, who are the majority shareholders in Mopani over the matter, in talks, the two parties have finally come to an agreement this week to recall miners.
According to Mineworkers Union of Zambia (MUZ) George Mumba, the mine started recalling the workers on Wednesday.
“Mopani has started recalling the workers and some of them have since reported for work. They are not calling them at once but they have been doing it in phases,” he said.
And United Mineworkers Union of Zambia (MUZ) president Wisdom Ngwira has also confirmed that the mine has resumed production in Mufulira and that the miners are now being inducted on the safety measures.
“The miners had stayed away from work for some time now, so they will have to be inducted on the safety measures at the mine before normal work resumes,” he said.
A double thumbs up to Government and MCM for reaching such an amicable decision to restore the dignity of the employees.
When Mopani Copper Mines announced its decision to close operations in Kitwe and Mufulira last month and subsequent laying off of 11,000 employees, many people were taken aback and even angered, understandably so.
Sending 11,000 workers home meant 11,000 families losing their livelihoods.
Given that most of these employees live hand-to-mouth, it meant that these families could no longer afford decent meals, shelter, education and health care services.
The closure of the mine and sending workers home could be equated to sentencing the employees and their families to instant destitution.
The fact that the Copperbelt Province wholly depends on mining, the closure of the mine meant stripping the province of its economic dignity.
At national level, the decision meant Government losing out on revenue through taxes and worsening the poverty situation.
While it is acknowledged that companies are going through a difficult time due to COVID-19, there is need to find win-win solutions.
Companies must look at the bigger picture when coming up with drastic decisions. In this case Mopani should understand that behind those 11,000 employees are families, both nuclear and extended.
There are many lives that get support from these employees.
Taking away their only source of livelihoods means a network of family and friends is affected.
Government should be commended for standing for the Zambian workers when Mopani seemed adamant with their position.
While it is commendable that MCM has come to an agreement to recall workers, it is worrying that the matter has not be completely resolved.
Mopani still insists on issuing a 90-day notice to again place the mine under care and maintenance.
This should not be an option for MCM. Opting out when things are tough is not a solution.
Mopani should instead engage workers and strategize on how they can weather the storm.
This is the time they need to unite as a company to sustain operations. There is life after COVID-19, the prevailing situation is only temporary.
Moreover there are many other companies that have been affected by the pandemic but have not resorted to such drastic measures.
Mopani needs to hang in there and find a win-win situation.
In as much as the mine is motivated by profits, it should put on a human face and remember that these are the employees that have contributed immensely to its success over the years.
We also urge Government not to relent in engaging the mine until a win-win solution is found.

Source: https://www.daily-mail.co.zm/mine-needs-winwin-solution/

 
Investee Company News

Mopani miners trickle back to work

MOPANI Copper Mines (MCM) has started recalling workers it sent on forced leave following its decision to resume operations early this week.
Last month, the mine suspended operations in Kitwe and Mufulira and sent workers on forced leave. It also terminated contracts with some companies it gets services from.
Glencore, the majority shareholders in MCM, did not give Government sufficient notice about its intention to place the Kitwe and Mufulira operations under care and maintenance, in accordance with provisions of the Mines and Minerals Development Act.
MCM’s decision also sparked protests among various stakeholders in the mining sector, who urged Government to revoke the mine’s licence. 

Source: https://www.daily-mail.co.zm/mopani-miners-trickle-back-to-work/
ZCCM-IH News

Three cities to be the first to use Gold exploration equipment says ZCCM-IH CEO

ZCCM IH has announced that it will be working with registered gold mining cooperatives in Rufunsa, Vubwi, and Lundazi in gold recovery and exploration activities according to CEO Mabvuto Chipata.

ZCCM-IH has been mandated by the Government to drive the national gold agenda. The key to this mandate is to help formalize the activities of the artisanal gold miners doted in about 21 districts. This is why the Ministries of Mines and Minerals Development, and Commerce and Trade Industries handed over some gold equipment to ZCCM-IH for this purpose.

“We believe that formalizing Zambia’s artisanal and small-scale gold sector is a significant, timely, and pressing developmental opportunity that must now be realized”, said Mabvuto Chipata at the handover ceremony held in Lusaka on 7 May 2020 at Government Complex.

“This is aligned with the aspirations of the Seventh National Development Plan specifically regarding employment creation, revenue generation, supporting intra-sector diversification to other minerals such as gold and other precious minerals”.

The Ministry of Commerce, Trade and Industry secured the 140,000 euros from the SADC Trade Related Facility Project to procure the equipment that was handed over to the cooperatives. “I wish to inform you that our two Ministries, with the support from the European Union under the SADC Trade-related Facility (TRF) Project, purchased gold mining equipment to further support the formalization of the gold mining sector”, said Barneby Mulenga.

With the security of Gold mining a huge concern for Government, the Permanent Secretary of Ministry of Mines and Minerals Development, Barneby Mulenga gave some background to have Government, through a multi-stakeholder committee were able to carve out the guidelines for Gold mining that would enable the security of the products whilst preventing illicit trade. “It is gratifying to note that since the approval of recommendations of the inter-ministerial committee, the ministries of mines and minerals development and commerce, trade and industry have made strides in bringing into fruition, some of the recommendations that were made by the committee in an effort to formalize illegal gold mining and trading”, disclosed Barneby Mulenga.

The Ministry of Commerce who also collaborating in the formation of the 13 cooperatives, disclosed that they also provided skills development. “Ministries of Commerce, Trade and Industry and Mines and Minerals Development have collaborated in facilitating the formation of more than thirteen (13) gold mining cooperatives in Rufunsa and Petauke Districts and have trained them on both the production and business sides”.

With capacity building and equipment in place, all is for a new era of mining that begins with the grassroots. However, even the Government is aware that this journey must be steered by capable hands. “Recognizing similar efforts that the Zambia Consolidated Copper Mines – Investments Holdings (ZCCM – IH) is making in the gold mining sector and in view of the need for sustainability of the equipment that the Project purchased, the two Ministries have opted to assign ZCCM – IH to administer the equipment, on behalf of the cooperatives. In administering this equipment, ZCCM – IH is expected to collaborate with local authorities and the office of the District Commissioner in the respective Districts”.

Source: https://fizambia.com/?p=6802
ZCCM-IH News

The importance of due process in Gold and Manganese Mining for ZCCM-IH

According to a report published by the International Labor Office, “small-scale mining is expanding rapidly and often uncontrollably in many developing countries, employing large numbers of women and children in dangerous conditions and generating a workplace fatality rate up to 90 times higher than mines in industrialized countries”.

The report further states that “as much as 80 percent of small-scale mining falls outside any legal or regulatory framework”. This is why ZCCM IH’s Gold and Manganese ambitions need to be applauded as they are bringing structure to an industry in Zambia that has the potential to rewrite the mining history of a country.

Recently, “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”. The works being undertaken are part of ZCCM-IH, through its wholly-owned subsidiary Kabundi Resources Limited (KRL), works that have started on Phase one of the project in the small-scale mining license, with an initial capital injection of K18.6 million. This comes a few days after they had announced an injection of approximately K45 million for the initial phase of the Kasenseli Gold Mine Project in Mwinilunga.

In both instances, ZCCM IH is craving out and executing their ambitions by the book as can be seen by their Resettlement Action Plan (RAP) which was approved by the Zambia Environmental Management Services (ZEMA) and 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.

Responsible project implementations are one of the hallmarks that financiers of various projects that have environmental impact often seek out when investment companies such as ZCCM IH seek out capital. This ensures that during the life of the project and hereafter, minimal litigation cases can be envisaged as due process has been followed.

This is also the reason why it is important to protect such assets as the mining sector is prone to illicit mining. Most recently ZCCM IH advertised a tender for security services to help address security concerns at its mining outfits that are in the development stage.

Source: https://fizambia.com/?p=6799