President Edgar Lungu has ordered that the ongoing court process between rival parties regarding the running of the Black Mountain in Kitwe be discontinued immediately.
President Lungu who met representatives of young people involved in illegal small scale mining known as Jerabos at State House on Friday said the parties involved resolved that all court actions must be terminated soonest by consent arrangements to allow for the proposed amicable settlement planned for next week to take effect.
He revealed that the various youth groups will now form a unified cooperative company which Government will grant a large scale mining license under which the commercial interests of the groups will be executed.
“I have directed Ministers and technical staff from relevant Ministries and State House to travel to the Copperbelt Province to meet with owners of Nkana Alloys Limited, the majority owners of Black Mountain to conclude the proposed settlement over the asset,” President Lungu announced on his Facebook page.
“Its with no doubt that empowerment of local communities through participation in the mining contracts and fair resource exploitation is a top priority for the PF Government,” he said.