A new coal mine is expected to be opened in Sinazongwe District in Southern Province before the end of this year.
The mine will be called Indongo and Jonah Coal Mine and will be set up in Senior Chief Mweemba area in Mulungwa.
Indongo and Jonah Coal Mine Counsultant Lewis Tumbama told the special meeting for Sinazongwe District Development Coordinating Committee (DDCC) about the new development today at the Council Chamber.
Mr Tumbama said that 50 percent of the mine would be owned by Zambians while the other 50 percent would be owned by foreigners.
He disclosed that US$ 10 million would be pumped in as initial capital for the operation of the mine.
Mr Tumbama noted that the mine would be an open pit mine and will have a washing plant, pollution control facility, a residential area for high cost, and low cost houses.
The Consultant said the life span for three open pit areas that would be opened would be 15 years.
He, however, noted that 53 households from five villages within the mining area would be relocated to other area that has already been identified.
The Villages includes, Siabwacha, Siapukwe, Malyango, Mudododi and Siavwela.
Mr Tumbama said the company would bear all the cost of relocating the people through building them new houses and assisting them to start their new life.
The DDCC committee has also recommended to the new mine owners to set up a development trust fund to ensure that the interests of the community were addressed.
Zambian shareholders in the new company includes Livestock and Fisheries Development Minister Bradford Machila, Dipak Patel, Satwant Sing the former rally driver, and Davison Mulela former Minister in the Chiluba regime.
[ ZANIS ]