ZCCM-IH Gold will next month increase production at its Kansenseli Gold Mine in Mwinilunga following successful explorations.
Public Relations Manager, Loisa Mbatha Kakoma, said ZCCM-IH Gold had been given the mining licence and all approvals by Zambia Environmental Management Agency (ZEMA) have been done.
Ms Kakoma said in an interview that the firm had been mining at Kansenseli in tandem with ongoing exploration works which were being done in phases.
She said mining was being done on a small scale but would next month be stepped up.
“Explorations are ongoing in phases but we have been mining, we are just mining on a very small portion that is how come you have seen that gold we sold to the Bank of Zambia, it came from the mining and processing activities,” she said.
Ms Kakoma said more exploration works would be done to access how much gold was available at the mine.
ZCCM-IH through its Zambia Gold Company oversees the mining, processing, refining, and marketing of gold in the country.
The company owns 51 percent of shares in the mine while the government through the Ministry of Finance has 49 percent shares.
The ministry of finance owns shares in companies ???
Great development. Meanwhile utupuba tu upnd tuletalika.
The longest wait in my life….3 months !
MoF owns 49% zambia Gold and 17% ZCCM-IH shares
Very Interesting Looks like everyone who has an alternative view is UNPD according to Kaizar Zulu, this man must be paranoid! Some of us are not into politics! and to brush everyone who disagrees with you and branding them as UPND is myopic Is Zambia made up of only two political parties and is everyone into politics. This kind of viewpoint is not progressive but myopic