Government has called on Zambians to desist from selling their small-scale mining licenses to foreign investors.
Mines and Minerals Development Minister Kalombo Mwansa says the trend must come to an end if the country is to see a reduction in poverty and create wealth for its citizens through the country’s resources.
Dr. Mwansa was speaking when he launched the Federations of Small-scale Miners Association in Lusaka today.
He urged the newly launched Federations of Small-scale Miners Association to fight the tendency among Zambians to pass on the economic empowerment to foreign investors.
Dr. Mwansa observed that Zambians who sell off their mining licenses have remained poor while the new owners of the mines have reaped handsomely from the mining activities.
He said government established the mining sector revolving fund in 2005 to help small-scale miners sustain their mining undertakings.
And speaking earlier, Federations of Small-scale Miners Association interim President Lyapa Manza explained that 14 regional mining associations have come together to form one national body that will serve as an umbrella body for small-scale miners.
He said the federation has been formed with the key objective of promoting the sustainable development of the small-scale mining sector.
He added that a well organized and supported small-scale mining industry has the potential of contributing immensely to not only poverty eradication but the economic well being of the country.