ZCCM-IH Manganese project starts

ZCCM-IH has targeted to produce 60,000 tonnes of manganese this year at its mine in Serenje, which has commenced following the end of heavy rainfall.

The rain pattern had posed a challenge in accessing the mine sites, hence operations could not start earlier.

ZCCM-IH, through its wholly owned subsidiary Kabundi Resources Limited (KRL), has started phase one of the project in the small-scale mining license, with an initial capital injection of K18.6 million.

Public Relations Manager, Loisa Mbatha-Kakoma, yesterday told the Daily Nation that phase two of the project which was scheduled to start before the onset of this year’s rainy season would be extended to other areas of the ZCCM-IH large scale exploration area in Serenje.

Ms Kakoma said ZCCMIH Chief Executive Officer, Mabvuto Chipata, undertook a site visit last month and inspected works at the Kampumbu Resettlement area earmarked for relocation of nine households from the Kabundi mine site.

She said the Resettlement Action Plan (RAP) approved by the Zambia Environmental Management Services (ZEMA) involves the construction of an additional one-by-two classroom block and a health centre.

Nine three bedroomed houses for the relocation of the Project Affected families, one house for a teacher, and another house for a medical staff were also part of RAP.

“These buildings will also be serviced and fully connected with piped water sourced from water boreholes to be drilled in the area. Mr Chipata was happy with the progress made both at the mining operation and the RAP sites.

“The mine will be fully operational by July 2020. ZCCM-IH will spend a total of K4.5 million to fulfil the RAP obligations, which are scheduled to be handed over to the beneficiaries in June 2020,” Ms Kakoma said.

 

Source: https://www.pressreader.com/zambia/daily-nation-newspaper/20200506/281835760869622

Serenje town set to ride the electric car curve

The central province town of Serenje, has joined the list of mining towns in Zambia after the confirmation that manganese mining has resumed and is expected to give it an alternative economic engine. The town which lies next to one of Zambia’s largest commercial farming hub of Mkushi, has mostly been an agricultural area and houses the massive 110,000 hectares Nansanga farm block.

The resumption of manganese mining is not only good for the economic diversification of Serenje, but for Zambia as a country. Manganese has recently become a well sought out metal following the shift in mostly the motor vehicle industry from combustion engines (petrol or diesel powered engines) to manganese-lithium battery powered electric cars.

ZCCM Investments Holdings Plc has announced that its subsidiary, Kabundi Resources Limited has commenced works at the manganese mine located in Serenje district following the end of the heavy rains that had hampered efforts to kick-starting operations, posing a challenge in accessing the mine site areas.

Kabundi Resources Limited – KRL are on site and have started phase one of the project via a small-scale mining license, with an initial capital injection of K18.6 million (about US$1 million). The ore grade is on average at 45%, which is relatively considered rich.

The company has disclosed that KRL targets to mine about 60,000 tonnes of manganese by the end of the year during the ramp up period of operations while production is targeted to reach 240,000 tonnes of manganese ore annually once commercial production levels are achieved.

ZCCM-IH Chief Executive Officer – CEO Mabvuto Chipata said in a statement made available to the Zambian Business Times – ZBT on April 05, 2020 that phase two of the project which is scheduled to start before the onset of this year’s rainy season will be extended to other license areas of the ZCCM-IH large scale exploration area in Serenje.

“I undertook a site visit end of April 2020, were we also inspected works at the Kampumbu resettlement area earmarked for relocation of nine (9) households from the Kabundi mine site,” He said.

He added that the Resettlement Action Plan (RAP) approved by the Zambia Environmental Management Services – ZEMA 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.

Chipata was happy with the progress made both at the mining operation and the RAP sites saying the mine will be fully operational by July 2020, and looked forward to having it officially launched by August 2020. ZCCM-IH is set to spend a total of K4.5 million to fulfil the RAP obligations, which are scheduled to be handed over to the beneficiaries in June 2020.

The ZCCM IH CEO further said the RAP project has so far employed over 20 locals and the KRL will further employ over 150 youths at the mine site as production scales up upon relocation of the affected families.

Zambia as a country has many avenues to turn around its fortunes and even pay off its national debt, but the pace of implementation of key revenue generating projects remains a challenge. As they say, the proof of the pudding is in the eating, it remains to be seen if ZCCM IH and it’s subsidiary Kabundi Resources will deliver the planned production levels and exports.

ZCCM Gold company is also another avenue to boost the countries revenue earnings which is moving at a snails pace. When the countries debt serving obligations are mounting, the country defaults to asking the government to get an IMF/world bank bail out package, why not instead put pressure for realizing such projects one may ask?

Source: https://zambianbusinesstimes.com/serenje-town-set-to-ride-the-electric-car-curve/

Invitation for Bids (IFB) Provision of Security Services at Kasenseli Gold Mine in Mwinilunga District and MAWE Complex in Kalulushi District ONB No.: ZCCM-IH/034/2020

  1. ZCCM Investments Holdings Plc. has received financing from own sources toward the CAPEX for the 2020 Financial Year, and it intends to apply part of the proceeds of this financing to payments under the Contract for the Provision of Security Services at:
    1. Lot 1 – Kasenseli Gold Mine in Mwinilunga District of North Western Province and;
    2. Lot 2MAWE Complex in Kalulushi District.IFB No.: ZCCM-IH/034/2020.
  2. ZCCM Investments Holdings Plc now invites sealed bids from eligible and qualified bidders for the Provision of Security Services at Kasenseli Gold Mine in Mwinilunga District of North Western Province and MAWE Complex in Kalulushi District.The duration for each of the contracts is 12 months.
  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. Qualification requirements include:
    1. Experience as a prime service provider in at least two (02) contracts of a similar nature and scope in the last five (05) years;
    2. A minimum amount of liquid assets and/or credit facilities of:
      1. Lot 1 – ZMW149,538.46; and
      2. Lot 2 – ZMW58,153.85
    3.  Average Annual Turnover for the past three (03) years of
      1. Lot 1 – ZMW1,944,000.00; and
      2. Lot 2 – ZMW756,000.00.
  6. 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.
  7. The address referred to above is:
    K D Kabwe (Mrs.)
    ZCCM Investments Holdings Plc.
    ZCCM-IH Office Park, Stand No. 16806
    Alick Nkhata Road, Mass Media Complex Area
    Lusaka, Zambia
    Tel: +260-211-388000
    E-mail: kabwek@zccmnew.wpenginepowered.com
  8. Bids must be delivered to the address below at or before 10:00 hours on Wednesday, 27th May 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 27th May 2020.  This will be done in conformity with the GRZ Guidelines regarding wearing face masks and observing social distancing during the period of the COVID-19 pandemic
  9. All bids must be accompanied by a Bid Securing Declaration.
  10. There will be site visits and pre-bid conferences as follows:
    1. Lot 2 – Mawe Complex in KalulushiDate: Wednesday, 13th May 2020
      Time: 10:00 hours
      Place: All Bidders to meet at ZCCM-IH, Technical Directorate
      Mawe Complex, Plot 27 of Farm 1937
      Maina Soko Road, Kalulushi.
       
      Lot 1 – Kasenseli Gold Mine in Mwinilunga District
       
      Thursday, 14th May 2020
      Time: 13:00 hours
      Place: Kasenseli Area in Mwinilunga District. All Bidders to meet at the DC’s Office in Mwinilunga District at 12:00 hours.
  11. The address referred to in clause 8 is:K D Kabwe (Mrs.)
    ZCCM Investments Holdings Plc.
    ZCCM-IH Office Park, Stand No. 16806
    Alick Nkhata Road, Mass Media Complex Area
    Lusaka, Zambia
    Tel: +260-211-388000
    E-mail: kabwek@zccmnew.wpenginepowered.com

Download the document here: Invitation for Bids – Provision of Security Services at Kasenseli Gold M…

Supply and Delivery of Fencing Materials for Kasenseli Gold Mine in Mwinilunga District of North Western Province

    1. ZCCM Investments Holdings Plc. has received financing from own sources toward the CAPEX for the 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 Fencing Materials for Kasenseli Gold Mine of Mwinilunga District of North Western Province; Contract No.: ZCCM-IH/028/2020.
    2. ZCCM Investments Holdings Plc now invites sealed bids from eligible and qualified bidders for the Supply and Delivery of Fencing Materials for Kasenseli Gold Mine of Mwinilunga District. The duration of the works is 6-8 weeks. The fencing materials are to be delivered to Kasenseli Gold Mine in Mwinilunga District of North Western Province.
    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. Qualifications requirements include:
      1. Experience as a prime supplier in the supply of at least two (02) contracts of a similar nature and scope in the last five (05) years;
      2. A minimum amount of liquid assets and/or credit facilities of ZMW5, 478,000.00.
    6. 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.
    7. The address referred to above is:
      K D Kabwe (Mrs.)
      ZCCM Investments Holdings Plc.
      ZCCM-IH Office Park, Stand No. 16806
      Alick Nkhata Road, Mass Media Complex Area
      Lusaka, Zambia
      Tel: +260-211-388000
      E-mail: kabwek@zccmnew.wpenginepowered.com
    8. Bids must be delivered to the address below at or before 10:00 hours on Thursday, 14th May 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 14th May 2020
    9. All bids must be accompanied by a Bid Securing Declaration.
    10. The address referred to in clause 8 is:
      K D Kabwe (Mrs.)
      ZCCM Investments Holdings Plc.
      ZCCM-IH Office Park, Stand No. 16806
      Alick Nkhata Road, Mass Media Complex Area
      Lusaka, Zambia
      Tel: +260-211-388000
      E-mail: kabwekd@zccmnew.wpenginepowered.com

Download the Document here: Invitation for Bids – Supply Delivery of Fencing Materials for Kasenseli Gold Mine – April 2020

Works at the ZCCM-IH supported Manganese mine in Serenje commences

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.

ZCCM Investments Holdings Plc (ZCCM-IH) through its wholly-owned subsidiary Kabundi Resources Limited (KRL) are on-site and have started Phase one of the project in the small-scale mining license, with an initial capital injection of K18.6 million.

Phase two of the project which is scheduled to start before the onset of this year’s rainy season will be extended to other areas of the ZCCM-IH Large Scale Exploration area in Serenje.

ZCCM-IH Chief Executive Officer Mr. Mabvuto Chipata undertook a site visit end of April 2020, where he also inspected works at the Kampumbu Resettlement area earmarked for the relocation of nine (9) households from the Kabundi mine site.

The Resettlement Action Plan (RAP) approved by the Zambia Environmental Management Services (ZEMA) 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 medical staff.

These buildings will also be serviced and fully connected with piped water sourced from water boreholes to be drilled in the area.

Mr. Chipata was happy with the progress made both at the mining operation and the RAP sites.

He stated that the mine will be fully operational by July 2020, and looked forward to having it officially launched by August 2020.
ZCCM-IH will spend a total of K4.5 million to fulfil the RAP obligations, which are scheduled to be handed over to the beneficiaries in June 2020.

The RAP project has so far employed over 20 locals. KRL will further employ over 150 youths at the mine site as production scales up upon relocation of the affected families.
KRL targets to mine about 60,000 tonnes of manganese by the end of the year during the ramp-up period of operations.

Production is targeted to reach 240,000 tonnes of manganese ore annually once commercial production is achieved.
The Company is a strategic investment aimed at diversifying the commodity mix of the ZCCM-IH’s portfolio which is largely comprised of copper producing assets.

Source: https://www.lusakatimes.com/2020/05/05/281933/

ZCCM-IH Starts Mining Maganese In Serenje

The ZCCM-IH has started operations at its Manganese mine in Serenje, Central province, with expected production of 240, 000 thousand tonnes annually, once commercial production is achieved.

This is through ZCCM-IH’s Kabundi Resources, with an initial capital of K18.6 million.

The start of operations follows the end of the rains, which had hampered the project, as there was a challenge in accessing the mine area.

Phase two of the operations is expected to start before the onset of this year’s rain season, with large scale exploration in the same area.

ZCCM-IH Chief Executive Officer, Mabvuto Chipata says the mine will be fully operational by July 2020, and the company is looking forward to having it officially launched by August, this year.

Mr Chipata has also visited the Kampumbu Resettlement area, which is earmarked for relocation of 9 households, displaced from the Kabundi mine site.

He has explained that ZCCM-IH will spend K4.5 million to fulfil the relocation of affected families.

This is according to a statement availed to ZNBC news today by ZCCM-IH Public Relations Manager, Loisa Kakoma.

Source: https://www.znbc.co.zm/news/zccm-ih-starts-mining-maganese-in-serenje/

ZCCM-IH STARTS MANGANESE MINING OPERATIONS IN SERENJE

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 ZCCM Investments Holdings Plc (ZCCM-IH) has said.

ZCCM-IH Public Relations Manager Loisa Kakoma reviewed that the company through its wholly-owned subsidiary Kabundi Resources Limited (KRL) is already on-site to commence the initial works of the project.

“We have started the first phase of the project in the small-scale mining license, with an initial capital injection of K18.6 million,” Ms. Kakoma said.

She added: “Phase two of the project which is scheduled to start before the onset of this year’s rainy season will be extended to other areas of the ZCCM-IH Large Scale Exploration area in Serenje.”

Ms. Kakoma also disclosed that ZCCM-IH plans to spend a total of K4.5 million to fulfill the Resettlement Action Plan (RAP) obligations, which are scheduled to be handed over to the beneficiaries in June 2020.

“RAP 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,” She added.

She also stated that the RAP project has so far employed over 20 locals and added that KRL will further employ over 150 youths at the mine site as production scales up upon relocation of the affected families.

The ZCCM-IH mouth piece further said: “KRL targets to mine about 60,000 tonnes of manganese by the end of the year during the ramp-up period of operations. Production is targeted to reach 240,000 tonnes of manganese ore annually once commercial production is achieved.”

KRL is a strategic investment aimed at diversifying the commodity mix of the ZCCM-IH’s portfolio which is largely comprised of copper producing assets.

Source: https://www.techwatch.news/zccm-ih-starts-manganese-mining-operations-in-serenje/

Press Statement on Commencement of Manganese Mining in Serenje by Kabundi Resources Limited

ZCCM-IH COMMENCES MANGANESE MINING OPERATIONS IN SERENJE

05th May 2020, Lusaka, Zambia – 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.

ZCCM Investments Holdings Plc (ZCCM-IH) through its wholly owned subsidiary Kabundi Resources Limited (KRL) are on site and have started Phase one of the project in the small-scale mining license, with an initial capital injection of K18.6 million.

Phase two of the project which is scheduled to start before the onset of this year’s rainy season will be extended to other areas of the ZCCM-IH Large Scale Exploration area in Serenje.

ZCCM-IH Chief Executive Officer Mr. Mabvuto Chipata undertook a site visit end of April 2020, were he also inspected works at the Kampumbu Resettlement area earmarked for relocation of nine (9) households from the Kabundi mine site.

The Resettlement Action Plan (RAP) approved by the Zambia Environmental Management Services (ZEMA) 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.

These buildings will also be serviced and fully connected with piped water sourced from water boreholes to be drilled in the area.
Mr. Chipata was happy with the progress made both at the mining operation and the RAP sites.
He stated that the mine will be fully operational by July 2020, and looked forward to having it officially launched by August 2020.

ZCCM-IH will spend a total of K4.5 million to fulfil the RAP obligations, which are scheduled to be handed over to the beneficiaries in June 2020.

The RAP project has so far employed over 20 locals. KRL will further employ over 150 youths at the mine site as production scales up upon relocation of the affected families.
KRL targets to mine about 60,000 tonnes of manganese by the end of the year during the ramp up period of operations.

Production is targeted to reach 240,000 tonnes of manganese ore annually once commercial production is achieved.
The Company is a strategic investment aimed at diversifying the commodity mix of the ZCCM-IH’s portfolio which is largely comprised of copper producing assets.

-END-

Issued by:
Loisa Mbatha-Kakoma
Public Relations Manager
ZCCM Investments Holdings Plc

kakomal@zccmnew.wpenginepowered.com

Download the Press Release here: Press Statement on Commencement of Manganese Mining in Serenje by Kabundi Resources Limited

Mopani Copper Mines plc (MCM) Extract from 2020 Annual Report

During the financial year to 31 December 2020, Mopani Copper Mines (MCM) recorded net revenue of ZMW4.93 billion (US$ 714.44 million) [December 2019: ZMW4.93 billion (US$369.84 million)]. The net loss for the period under review was ZMW9.31 billion (US$ 474.56 million) [December 2019: ZMW9.31 billion (US$ 698.92 million net loss)].  

During the year ended 31 December 2020, MCM produced a total of 90,050 tonnes of copper (2019: 21,554 tonnes).  On 31st March 2021, ZCCM-IH and Glencore signed an agreement in which ZCCM-IH would purchase the 90% interest in Mopani held by Carlisa Investments Corp. (“Carlisa”), in which Glencore holds 81.2% of the shares for a US$1 consideration and US$1.50 billion in Transaction Debt. 

There were no dividends paid during the financial year ended 31st December 2020 (2019: Nil). 

Zambian emeralds beam hope to world as birthstone of May

EMERALDS have been a beacon of hope across the world since time immemorial.

Now Zambia is taking its place as the leading source of these precious gemstones, thanks to the world’s largest producing emerald mine – Kagem – in Lufwanyama, which is owned by Gemfields in partnership with the Zambian government through the Industrial Development Corporation (IDC).

Emeralds from around the world have always had an opulent allure and an aura of healing about them. Twenty times rarer than colourless diamonds, they were first discovered some 5,000 years ago. In that time, they have been credited with everything from curing snakebites to easing childbirth, divining truth and seeing the future. Emeralds are believed to symbolise hope, growth and fresh starts – particularly apt in the challenging days we currently face.

Fittingly, emeralds are the birthstone for May, that freshest and most verdant of months, when thawed land springs into new life and buds with flower. Joanna Hardy, a fine jewellery specialist and author of the book Emerald, sums up the special connection between these precious green gems and this time of year: “Once again, our parklands, woodlands and gardens are bursting with renewed life; there is nothing quite like the haze of green as new leaves burst forth. The green colours of spring remind us of hope, rebirth, renewal and nature, and it is no coincidence that emeralds have always been associated with these calming and rejuvenating properties. Wearing an emerald connects us with the earth, reminding us that there is hope in the air.”

And after what has been a particularly challenging start to 2020, it is fair to assume that the green shoots of spring will be more welcome than ever this year, and so too the gemstones that so perfectly encapsulate the spirit of this season as thoughts turn to jewellery, and the increasing popularity of birthstone gifting (a top trend currently with engagement rings). Those born in May are lucky indeed. One of the ‘big three’ precious gemstones – alongside rubies and sapphires – emeralds belong to the mineral family beryl and range in colour from a bluish green to a pure green, with vivid colour saturation, the shade varying with the country of origin.

East African emeralds are amongst the oldest of all, deriving their intense colour from a rare combination of minerals. The world’s leading supplier of responsibly sourced coloured gemstones, Gemfields has been mining emeralds at its Kagem mine in Zambia since acquiring the mine in 2008 in partnership with the Zambian government. Zambian emeralds are believed to be over 500 million years old and, due to their high iron content, more robust than others. They are known for their rich colour and are some of the largest and most exceptional emeralds found anywhere in the world. The ‘Lion Emerald’, discovered by Gemfields at Kagem in 2018, is, at 5,655 carats, one of very few exceptional gemstones to have merited its own name, displaying rare colour and clarity characteristics in addition to its significant weight.

As well as their exquisite physical characteristics, the talismanic properties that have long been associated with emeralds are a large factor in their enduring popularity. Romans believed they could revitalise the soul of those who wore them; early Christians believed they symbolised the resurrection of Christ; Cleopatra – after whom early Egyptian emerald mines were named – used to present them to subjects as talismans; the ancient Egyptians viewed emeralds as sacred, and ancient civilisations in general valued them for their healing properties far more than for their material value. In 1609, a Belgian physician suggested they could cure everything from dysentery, fever and bleeding to epilepsy and panic. Since these times, a rooted belief in an almost otherworldly ability to heal has attached to these beguiling gemstones. Who can forget the cherished emerald and diamond tiara that Prince Albert had made for Queen Victoria, or the ones given to Elizabeth Taylor by Richard Burton, subsequently auctioned at Christie’s?

When shopping for emeralds, Joanna Hardy suggests looking for, above all, transparency on origins and treatments; each emerald of note should come with a report from a recognised gemmological laboratory. You should also look for evenness of colour and good saturation; the cut matters too, and it is important to remember that natural inclusions are part of the gem’s DNA and should be welcomed: these are what makes each and every emerald unique.- Langmead Media

Source: https://www.themastonline.com/2020/05/04/zambian-emeralds-beam-hope-to-world-as-birthstone-of-may/