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Zambian court denies Vedanta attempt to halt Konkola Copper Mines split

LUSAKA (Reuters) – A Zambian court on Monday dismissed a motion by miner Vedanta Resources’ seeking to stop a state-appointed provisional liquidator from splitting up its Konkola Copper Mines (KCM) unit and selling the assets.

The ruling is a blow to the Indian-owned mining company which has said it would fight any attempt by Zambia to sell KCM to third parties.

Vedanta has been locked in a protracted dispute with the Zambian government since May 2019, when the Zambian government, which owns 20% of KCM through state mining investment firm ZCCM-IH, handed control of the mine to a liquidator.

Judge Winnie Sithole-Mwenda discharged a Jan. 18 injunction order which Vedanta had sought to restrain Provisional Liquidator Milingo Lungu from splitting KCM and selling the assets. Lungu has previously said asset disposal is KCM’s last remaining option

Vedanta Resources declined to comment on the ruling.

The provisional liquidator said: “As KCM we welcome the ruling.”

Lungu said the order that instated him as provisional liquidator set out powers including the ability to split and sell the company.

In a restructuring announced in December, Lungu said KCM would be split into two subsidiary companies: KCM SmelterCo Limited and Konkola Mineral Resources Limited, effective Feb. 1.

While the split was delayed by Vedanta’s injunction order, Lungu on Monday told Reuters he is confident the two entities will begin to operate soon.

Sithole-Mwenda cited procedural reasons in dismissing the order.

“The ex parte Order of Injunction dated 18th January 2021 is, accordingly, discharged forthwith,” she wrote in the ruling.

The ruling awarded costs to the defendants (the provisional liquidator and KCM) and denied leave to appeal.

Vedanta and Zambia are still in arbitration proceedings in London over the KCM dispute, which began when the government accused Vedanta of failing to honour licence conditions, including promised investment.

Vedanta has previously denied that KCM broke the terms of its licence.

Zambia’s Court of Appeal in November ordered a halt to KCM liquidation proceedings, to allow Vedanta and ZCCM-IH to proceed to arbitration. ZCCM-IH is appealing that ruling.

 

Source : https://www.reuters.com/article/us-zambia-mining-vedanta-idUSKBN2A12IO
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ZCCM IH provides a further update on the Mopani discussions

ZCCM IH has indicated that discussions around the future of Mopani are currently still under discussion, according to a statement released by the company.

“Further to the cautionary announcement date 4th September 2020, ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company”) wishes to advise Shareholders and the market that the Company’s discussions with Glencore Finance (Bermuda) Ltd regarding the future of Mopani Copper Mines Plc (“Mopani”) are still in progress which, if successfully concluded may have a material impact on the price of the Company’s securities”, read a statement issued by order of the Board through Company Secretary Chabby Chabala in Lusaka on 21 December 2020.

ZCCM-IH is in discussions with Glencore Finance (Bermuda) Ltd regarding the future of Mopani Copper Mines Plc (“Mopani”) for some time now. Glencore Finance is the major shareholder of Carlisa Investments Corporation which in turn is the majority shareholder of Mopani.

In August 2020, Mining-journal.com report that Mines minister Richard Musukwa told Reuters ZCCM-IH was seeking a larger stake “with a view to holding a controlling stake in Mopani”. Although the SENS announcements from ZCCM have not indicated that ZCCM IH are seeking a larger stake, this is the reason why they have advised Shareholders to exercise caution when dealing in the Company’s securities until a full announcement is made.

Discussions with the mining company and the investment group were prompted when Glencore CEO Ivan Glasenberg confirmed Mopani was operating under care and maintenance.

Source: http://fizambia.com/?p=9355
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ZCCM IH provides strategic update to the market

Shareholders of ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company”) and market participants are advised by way of update of the ongoing key strategic and operational activities in the Company as outlined below.

1. Strategic Plan (2020-2026)
The ZCCM-IH Board approved the Strategic Plan (2020-2026) in September 2020. With a renewed strategic focused investment impetus in the mining and mining-related projects, the Strategic Plan will focus on 4 key goals:

a) Extract, and where possible, to add value to the current portfolio;
b) Invest in greenfield and brownfield mining, and mining-related ventures across a diverse range of minerals:
• Commodity diversification to include cobalt, gold, manganese and other base metals, gemstones, limestone, phosphate and rare earth minerals;
• Value addition downstream and exploration upstream, and
• Energy – to sustain sustainability of mining operations.
c) Achieve operational and financial excellence; and
d) Generate greater shareholder value by ensuring price discovery on stock exchanges where ZCCM-IH is listed.

In 2020, ZCCM-IH revised its business model and positioned itself to deliver superior shareholder value.

The revisions include taking steps to enhance value extraction from its current portfolio through diverse means other than dividend income. It includes broadening its investments in the mining sector to include the whole value chain across a diverse mineral portfolio. These initial steps show the strategic intent stemming from this new strategic focus.

2. Upgrade from Euronext Access to Growth
ZCCM-IH places the generation of greater shareholder value as one of its key strategic goals. To that end, the Board approved the upgrading of the listing of the ZCCM-IH shares on the Euronext Stock Exchange from the Access tier to the Growth tier.

This will ensure that ZCCM-IH improves the liquidity of its shares on Euronext via access to a greater pool of investors than is currently the case. In addition, over the next 6 years, ZCCM-IH will take steps to improve the liquidity and price discovery of its shares on all the Stock Exchanges where it is listed.

3. Zambia Gold Company Limited (“ZGC”)
Zambia Gold was incorporated on 10 January 2020 and is 51% owned by ZCCM-IH and 49% by the Ministry of Finance. ZGC’s main objective is to lead the development of the Zambian gold sector from the current state of activities, which are characterized by illegal mining and trading, to a commercially viable sector which will not only benefit the investors but also all other relevant stakeholders. In order to achieve this objective, ZGC is undertaking the following activities:

• Acquire exploration licences with a specific focus on gold tenements in Zambia;
• Raise funding or identify potential partners for the purpose of carrying out mineral exploration and evaluation on the acquired tenements;
• Develop tenements into fully operational gold and other precious mineral mines in subsequent years;
• Refining, processing, and grading of gold and other precious minerals;
• Active trading of gold and other precious minerals; and
• Support artisanal mining operations and transforming these into commercially viable activities.

For the flagship project – Kasenseli Mine in the Mwinilunga area (North-Western Zambia), mechanised partial surface mining and processing activities are being undertaken as part of the exploration works that commenced in March 2020. Using gravity concentration method to test mineralised zones/areas and generate data. In Phase one of the detailed exploration activities completed in September 2020, the initial target of 5,000 meters has been drilled around targeted pits. Infill drilling targeting 2, 000 meters commenced at the end of November 2020. Core samples from Phase one are currently being analysed and results are expected in the next couple of months.

For gold trading, purchases were extended to Vubwi, Lumezi and Rufunsa districts in May/June 2020 and these activities are ongoing with the ZGC team increasing its footprint and experience.

In June 2020, the Ministry of Mines and Minerals Development in collaboration with the Ministry of Commerce Trade and Industry donated equipment to selected Cooperatives in Rufunsa, Lumezi and Vubwi.

Following this development, ZGC facilitated the training of cooperative members in governance, gold production and processing methods among other matters. In total 149 members representing 11 cooperatives have been trained. This is aimed at improving their gold production that ZGC will be off taking.

4. Industrial Development Corporation (“IDC”) Group Restructuring
As part of the IDC Group Rationalisation and Reorganisation, ZCCM-IH and IDC are in the process of undertaking a share swap in which IDC will swap its stake in Kagem Mining Ltd for ZCCM-IH’s stakes in Mushe Milling Ltd and Investrust Bank Plc. This process is intended to rationalise the portfolio of ZCCMIH to reflect the new mining focus. It is expected that this process will be concluded by end of Quarter one (1) 2021.

5. Kabundi Resources Limited (“KRL”)
Mining operations commenced in May 2020 with a monthly production target of 20, 000 tonnes of manganese ore. Wash Plant operations commenced in September 2020 producing approximately 100TPD (tonnes per day) of washed Manganese. A second wash plant is currently being installed with a capacity of 150TPH (Tonnes Per Hour). This will increase the processing capacity to approximately 10,000 tonnes per month of washed manganese. Exploration to open new mine operations within the license area is currently ongoing. Feasibility studies have also commenced to ascertain the viability of setting up a 60, 000 tonnes ferroalloy smelter.

6. The Mining Supply Chain (“MSC”)
Over the Strategic Period (2020-2026), the MSC will be undertaken in three phases:
• Phase I: Supply of Consumables such as flocculants, mill balls, explosives and valves and pumps;
• Phase II: Providing Contract Mining services to mining investee companies; and,
• Phase III: Manufacturing of consumables. Explosives and mill balls have been identified as initial targets.

Tentative steps have been taken already in this regard including some trial transactions and samples being purchased for Phase I. Once scaled up, the MSC initiative will lead to greater participation in the mining value chain and therefore more synergistic relationships with all Investee Companies.

7. Mopani Copper Mines
ZCCM-IH is in discussions with Glencore Finance (Bermuda) Ltd regarding the future of Mopani Copper Mines Plc (“Mopani”). Glencore Finance is the major shareholder of Carlisa Investments Corporation which in turn is the majority shareholder of Mopani. The circumstances relating to the Company and the full impact of the discussions are currently being determined and the market will be appraised on the outcome once finalised.

8. Konkola Copper Mines Court Processes
Shareholders of ZCCM-IH are referred to the announcement dated 23rd May 2019, concerning the filing by ZCCM-IH of a petition in the High Court of Zambia for:

i. the winding-up of Konkola Copper Mines PLC on 21st May 2019;
ii. the appointment by the Court of Mr. Milingo Lungu as provisional liquidator of KCM; and,
iii. the legal proceedings commenced in the High Court of South Africa and applications made to the Zambian High Court by Vedanta Resources Limited and Vedanta Resources Holdings Limited.

Shareholders are informed that Vedanta appealed against the decision of the High Court which denied them their application to stay the liquidation proceedings and refer the matter to arbitration. The Court of Appeal on 20th November 2020 found in favour of Vedanta and stayed the liquidation proceedings and referred the matter to arbitration.

ZCCM-IH intends to appeal against the decision of the Court of Appeal and to stay the judgment. ZCCMIH will provide details on this matter, as it progresses, in due course.

9. Kansanshi Holdings Limited Confidential Arbitration
On 11th November 2019, Kansanshi Holdings Limited (“KHL”) filed a Request for Arbitration in London against ZCCM-IH (as Respondent) and Kansanshi Mining Plc (“KMP”) (as Nominal Respondent). These Arbitration proceedings are strictly confidential as between the parties.

The Arbitration proceedings follow a criminal complaint made by ZCCM-IH against the allegedly unauthorised transfer by KMP of KMP monies to a KHL related party/affiliate. The matter is yet to be determined and shareholders will be updated as the case progresses.

10. Ndola Lime Company Ltd Restructuring
The restructuring of Ndola Lime Company Limited (“NLC”) commenced. The restructuring was done through a hybrid of Out of Court Settlement and formal insolvency procedures. In this regard, it was decided that a Scheme of Arrangement (“the Scheme”) and reconstruction of creditors be undertaken. The objective of the Scheme was to create a new company that was free from liabilities and able to operate more efficiently.

Therefore, the new company was incorporated and is known as Limestone Resources Limited (“LRL”).

Furthermore, the restructuring involved the transfer of the business and assets of NLC to LRL and the consequent issue of equity shares by LRL to the shareholders of NLC.

Accordingly, shareholders of ZCCM-IH are advised to exercise caution when dealing in securities of the Company until further information is published.

Mr. Mabvuto Chipata
Chief Executive Officer
ZCCM Investments Holdings Plc
Issued in Lusaka, Zambia on 15 December 2020

Source: http://fizambia.com/?p=9293
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Zambia’s copper output to rise to 1 million tonnes in 2021, government says

LUSAKA, Dec 14 (Reuters) – Zambia expects to produce 1 million tonnes of copper in 2021 thanks to growing demand for a metal that is used in electric vehicles, improving prices and more small mines coming into production, the government said on Monday.

“We envisage hitting in excess of 1 million metric tonnes in 2021 from the planned 880,000 metric tonnes for this year,” Mines Minister Richard Musukwa told Reuters.

That would mark a 13.6% increase in output.

Zambia, Africa’s second-biggest copper producer, is in dire need of hard currency after it became the continent’s first pandemic-era sovereign default last month when it missed a coupon payment on one of its dollar-denominated bonds.

Copper is Zambia’s main foreign exchange earner.

After plunging in March when the COVID-19 pandemic shut down the world economy, copper prices have surged to touch their highest levels since February 2013.

Musukwa said Zambia’s copper output in the year to September was 644,000 tonnes, a 19.3% rise on the same period last year.

“Our projection is to continue increasing production and we have urged all players in the industry to focus on that.”

Separately, Zambia is also seeking to bolster its foreign currency reserves by buying gold – whose dollar value has shot up this year – from Canadian miner First Quantum’s FM.TO Zambia mine and from a mine controlled by state mining investment company ZCCM-IH.

(Reporting by Chiwoyu Sinyangwe in Lusaka, Writing by Helen Reid, Editing by Mark Heinrich)

Source: https://www.nasdaq.com/articles/zambias-copper-output-to-rise-to-1-million-tonnes-in-2021-government-says-2020-12-14

 
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REMARKS BY MR. MABVUTO CHIPATA, CHIEF EXECUTIVE OFFICER – ZCCM INVESTMENTS HOLDINGS PLC DURING THE SIGNING CEREMONY OF A MEMORANDUM OF UNDERSTANDING (MOU) BETWEEN ZCCM- IH AND THE BANK OF ZAMBIA (BOZ)

Today’s event is a landmark one, and we are excited as it is the culmination of a dream that was birthed even before a gram of gold was mined from our end.

The Golden Deal. Central Bank Governor Christopher Mvunga and ZCCM IH CEO Mabvuto Chipata sign historic deal

As you may know, last year, Government declared gold as a strategic mineral, and in order to provide a well-coordinated mechanism of exploiting the resource, put ZCCM-IH at the helm.

ZCCM-IH was charged with the mandate to drive the development of the gold subsector by coordinating the activities and programs in the entire gold value chain.

In January 2020, we formed Zambia Gold Company Limited (ZGC) owned 51% by ZCCM-IH and 49% by the Ministry of Finance, a vehicle through which this mandate would be implemented.

From the onset, we have been preaching that we would be selling whatever we produce under Zambia Gold Company to the Bank of Zambia, in order to start building up the gold reserves for the country.

CEO Mabvuto Chipata has done his part in securing gold from artisanal miners, he now becomes a supplier of that gold to the Central Bank

Ladies and Gentlemen,

Zambia Gold Company Limited has so far invested over 30 million Kwacha in the first gold project in Kasenseli, Mwinilunga.

Following the granting of a mining license in June 2020, we commenced mechanized partial surface mining and processing activities.

And so far, we have been able to mine and process near-surface material with a current total production of 74 kilo grams worth about 4 million United States Dollars (equivalent of K84 million)

We are currently focused and working on increasing the production capacity by purchasing bigger processing machinery and more mining equipment.

Ladies and Gentlemen,

In order to establish the quantity of the gold resource in our Kasenseli mine area, the detailed exploration activities that commenced in March early this year, completed in September, with the initial target of 5,000 meters drilled around targeted pits.

Core samples are currently being analysed and final results are expected in the next couple of months.

Further, we have also commenced infill drilling targeting 2, 000 meters to give us more geological data.

Ladies and Gentlemen,

Further, we are acquiring more gold licences in other parts of the country such as Mumbwa and Rufunsa in order to expand and build on our gold mining assets as a company.

In addition, in the near future, we intend to set-up a refinery for gold beneficiation and also add value to some of the gold to produce jewelry coupled with our amethyst and emeralds.

As you can see, we have an ambitious investment strategy for the entire gold value chain and we have put in place a robust road map, as we believe that the gold sub-sector in Zambia presents a viable opportunity for ZCCM-IH to derive economic and social value for the company, the respective communities and the country at large.

And today’s milestone, is historic and marks the beginning of a journey to shared prosperity and tangible wealth creation created by Zambians for Zambians, through ZCCM-IH’s subsidiary, Zambia Gold Company Limited.

Ladies and Gentlemen,

As I conclude, let me take this opportunity to express gratitude to the teams from both the Bank of Zambia and ZCCM-IH for their tireless efforts to make this a reality.

Thank you all for listening.

Source: http://fizambia.com/?p=9212
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Central Bank on a gold binge; ZCCM IH becomes ‘Gold Dore Bars’ supplier

Following the Zambian Government’s declaration of gold as a strategic resource, the Central Bank has now signed a deal with the investment group that has been bestowed the honor and responsibility of consolidating gold mining efforts in Zambia, according to an announcement from the Bank of Zambia.

The Golden Deal. Central Bank Governor Christopher Mvunga and ZCCM IH CEO Mabvuto Chipata sign historic deal

“The Bank of Zambia agreed on Friday to purchase gold from locally-listed miner ZCCM-IH”, read a report published by Reuters on Friday 11 December. This was confirmed by a tweet from the central bank posted earlier in the day. “The Bank of Zambia has this morning signed a Gold Purchase Agreement with the Zambia Gold Company Limited, a subsidiary of ZCCM Investments Holdings (ZCCM-IH)”.

According to the Central Bank, “this Agreement will take the Bank’s efforts to build the country’s gold reserves a step further”.

Governor Mvunga is keen on seeing stability through the preservation of value through gold

What now appears to have been a busy day for the new Governor of the Central Bank, the reserve bank had signed a deal with First Quantum Minerals to secure more gold bullion. “The Bank of Zambia will begin buying gold from Canadian miner First Quantum Minerals and the state mining firm as it resumes holding the precious metal as part of its foreign reserves”, the central bank governor said on Friday as reported by mining weekly.

CEO Mabvuto Chipata has done his part in securing gold from artisanal miners, he now becomes a supplier of that gold to the Central Bank

“During periods of market stress – when assets would be losing value – gold would be adding value, thereby shielding the whole portfolio from large losses,” Bank of Zambia Governor Christopher Mvunga said as reported by mining weekly. The report further indicated that “under the agreement signed between the central bank and First Quantum, a Toronto-listed copper miner, Zambia will buy gold produced as a by-product of the company’s Kansanshi copper mine.

Gold is considered a safe investment. Furthermore, it has long been considered a durable store of value and a hedge against inflation. It is supposed to act as a safety net when markets are in decline since the price of gold doesn’t typically move with market prices. Therefore, it’s no wonder that the central bank is seeking to build up its gold reserves following a sovereign default as alluded to by the central bank governor.

Source: 
Industry News, ZCCM-IH, ZCCM-IH News

Bank of Zambia agrees to buy gold from ZCCM-IH

LUSAKA, Dec 11 (Reuters) – The Bank of Zambia agreed on Friday to purchase gold from locally-listed miner ZCCM-IH as it seeks to build up its gold reserves following a sovereign default, the central bank governor and a company executive said.

The agreement follows a similar deal which the Bank of Zambia signed with Canadian copper miner First Quantum Minerals earlier in the day. (Reporting by Chris Mfula Writing by Joe Bavier Editing by Helen Reid)

Source: https://www.reuters.com/article/zambia-economy-zccm-ih/bank-of-zambia-agrees-to-buy-gold-from-zccm-ih-idUSJ8N29L00O
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ZCCM-IH SIGNS MOU WITH BOZ FOR THE SALE OF GOLD

The Bank of Zambia has signed a Gold Purchase Agreement with both Kansanshi Mining, a subsidiary of First Quantum Minerals and the Zambia Gold Company Limited, a subsidiary of ZCCM Investments Holdings.

Central Bank Governor Christopher Mvunga, signed the agreement on behalf of the Bank while, Director of Operations at First Quantum Minerals Rudi Badenhorst, signed on behalf of Kansanshi Mining PLC and Chief Executive Officer of ZCCM-IH, Mabvuto Chipata, signed on behalf of Zambia Gold Company Limited respectively.

Mr. Mvunga said the two agreements are an important milestone in the Bank’s efforts to resume the holding of gold as part of the country’s foreign exchange reserves adding that the agreements would further take the Bank’s efforts to build the country’s gold reserves a step further.

He is hopeful that the implementation of the agreement would also enhance market confidence in the Bank’s ability to fulfill its mandate of price and financial system stability.

Meanwhile, President Edgar Lungu has expressed confidence that the signed MOU will lead to the growth of gold mining in Zambia.

President Lungu adds that the agreement is progressive as gold produced from the Kasenseli gold mine will be legally sold to the Bank of Zambia.

Zambia Gold Company, owned 51% by ZCCM-IH and the Ministry of Finance 49%, is solely responsible for developing and running the Kasenseli gold project.

Zambia Gold Company has reported that they have since produced 74 kgs worth approximately K84 million.

Source: https://zambiareports.com/2020/12/11/zccm-ih-signs-mou-boz-sale-gold/
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Invitation for Bids (IFB) Construction of Low-Cost Houses, Houses, Rural Health Centre and Drilling of a Borehole in Kasenseli in Mwinilunga District

Construction of Low-Cost Houses, Rural Health Centre and Drilling of a Borehole in Kasenseli in Mwinilunga District
ONB No.: ZCCM-IH/115/2020

  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 Construction Works in Kasenseli, Mwinilunga District; Contract No.: ZCCM-IH/115/2020.
  2. ZCCM Investments Holdings Plc now invites sealed bids from eligible and qualified bidders for the Construction Works in Kasenseli, Mwinilunga:

    Lot 1 – Construction of Two (02) x 3-Bedroomed Low-Cost Houses in Kasenseli, Mwinilunga District (Duration – 16 weeks);
    Lot 2 – Construction of a Rural Health Centre in Kasenseli, Mwinilunga District (Duration – 16 weeks); and
    Lot 3 – Siting, Drilling, and Equipping of a Borehole at the Rural Health Centre in Kasenseli, in Mwinilunga District (Duration – 6 weeks).

  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:
    i) Experience as a prime contractor in at least two (02) contracts of a similar nature and scope in the last five (05) years;
    ii) A minimum amount of liquid assets and/or credit facilities as follows:
    Lot 1 – ZMW338,536;
    Lot 2 – ZMW320,248; and
    Lot 3 – ZMW196,000.
    iii) Average Annual Turnover for the past three (03) years as follows:
    Lot 1 – ZMW5,501,120;
    Lot 2 – ZMW5,204,030; and
    Lot 3 – ZMW6,361,244.

  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).

  7. Due to the COVID-19 pandemic, ZCCM-IH is requesting all potential bidders to deposit the non-refundable fee of Zambian Kwacha Five Hundred (ZMW500.00) stated in item 6 above into the following ZCCM-IH Account:
    BANK: STANDARD CHARTERED BANK
    BRANCH: Main Branch
    ACCOUNT NAME: ZCCM INVESTMENTS HOLDINGS PLC
    ACCOUNT NUMBER: 0100110001501
    Currency: ZMW or USD equivalent.

  8. Bids must be delivered to the address below at or before 10:00 hours on Friday, 8th January 2021. 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 8th January 2021. All bids must be accompanied by a Bid Securing Declaration.
  9. There will be mandatory site visits and pre-bid conferences as follows:
    Lot 1 – Construction of Two (02) 3-Bedroomed Low-Cost Houses in Kasenseli, Mwinilunga District on Tuesday, 29th December 2020 at 14:00 hours.
    Lot 2 – Construction of a Rural Health Centre in Kasenseli, Mwinilunga district on Tuesday, 29th December 2020 at 14:00 hours; and
    Lot 3 – Siting, Drilling, and Equipping of a Borehole at the Rural Health Centre in Kasenseli, in Mwinilunga District on Tuesday, 29th December 2020 at 14:00 hours.
    Bidders to meet at the District Commissioner’s Office in Mwinilunga at 13:00 hours.
  10. 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; and temboc@zccmnew.wpenginepowered.com

Download full document here:

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Construction of Low Cost Houses, Rural Health Centre and Drilling of a Borehole in Kasenseli in Mwinilunga District

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Illegal Miners Invade Kasenseli Gold Mine

A group of illegal miners in Mwinilunga District have brought down a parameter fence covering Kasenseli Gold Mine.

And the group has allegedly stolen undisclosed quantities of alluvial gold after invading the mining premises.

Mwinilunga District Commissioner Anolt Mapulanga who confirmed the incident has expressed disappointment with the recent developments.

Mr. Mapulanga said those behind the behaviour need to realise that the infrastructure they are destroying belongs to Zambians and their act is irresponsible.

He stated that the Zambia Police has been directed to step up its security to ensure installations are not tempered with.

Mr. Mapulanga added that his office will not watch criminal elements disregard the law with impunity and engage in retrogressive activities.

“Government will sit down and allow criminality, the installation by ZCCM Gold is being done on behalf of all Zambians and it is it sad to see the same zambians vandalising the infrastructure.

Source: https://zambiareports.com/2020/12/03/illegal-miners-invade-kasenseli-gold-mine/