Since its discovery in 1895, copper mining has been the main source of revenue for the country, and building upon that history in mining techniques and endeavors, an emerald mining culture has taken hold of the country and produced a fast-growing revenue stream. Zambia is second only to Colombia in the production of emeralds. Mining companies in Zambia focus on excerpting copper and uranium, as well as gold, nickel and industrial deposits, which are more limited. Zambia Mines Rescue Bus Handover; January 9, 2019 MINING COMPANIES ACCOUNTED FOR MORE THAN A QUARTER OF GOVERNMENT’S INCOME – ZAMBIA EITI REPORT. The mine is underground as well as open pit and is in operation since 1932 and has produced 6,000,000 tons of copper so far. Subscribe for Updates! Nkana mine is one of the largest in Africa, a copper mine located 1 km south-west of Kitwe. Dec 31, 2014Over 43 percent of Zambia's copper exports go to China, a major buyer. The presence of a strong mining culture around Kitwe, the capital of the Copperbelt Province where the Kafubu emerald mining area is located, had a direct impact on the establishment and success of emerald mining in Zambia. Universal Mining and Chemical Industries Ltd PO BOX 30824 Lusaka, Zambia Tel: +260 211 289 735 / 286 117 / 286 127 Fax: +260 211 288 856. The Ministry of Mines and Minerals Development is responsible for the development and management of mineral resources in a sustainable manner for the benefit of the people of Zambia. It is reported to be Africa’s largest copper mine. April 24, 2018 Kabwe mining licence reinstated; Last Modified Posts. Read More… Latest Speeches and Press Releases (3282) Subscribe to receive updates directly in your mailbox! A Visit to the Kagem Open-pit Emerald Mine in Zambia . 14 of 2016. The Zambia Chamber of Mines (ZCM) was originally formed in September 1942 and was known as the Northern Rhodesia Chamber of Mines of Zambia until it was replaced by the Copper Insutry Services Buereau (CISB) in 1965. For 2 decades, Zambia’s mining sector has experienced significant foreign interest and investment driven mainly by the privatization of state-owned Zambia Consolidated Copper Mines (“ZCCM”), a low taxation environment and low political interference. It is in the context of an acute shortage of graduate manpower for this vital industry that the School of Mines was established in 1973 as one of the Schools of the University of Zambia. The MMDA became effective on 1 st July, 2015 although the date of assent is 14 th August, 2015. The Mining Industry still remains the mainstay of Zambia’s economy and will continue to play an important role in the development of the country. Following privatisation of the ine assets in 2000, the Zambia Chamber of mines was re-established. The mine was officially inaugurated in April 2009 by Equinox Minerals. 11 of 2015 of the Laws of Zambia (MMDA) as read together with the Mines and Minerals Development (Amendment) Act No. E-mail: sales@umcil.co.zm Lusaka - Zambia: MINING companies operating in Eastern Province do not reflect on the Extractive Industries Transparency Initiative (EIT) report, Technical Working Group Zambia is in possession of some of the world’s highest-grade copper deposits. The primary law governing the mining sector in Zambia is the Mines and Minerals Development Act No. Find Coal Mines in Zambia and get directions and maps for local businesses in Africa. Its reserves underground include 69,000,000 tons of grading, 16,000,000 tons of copper, and 98,000 tons of cobalt. For companies interested in mining operations, or the opening of mining companies, in Zambia, the Zambian Ministry of Mines, under which the Chamber of Mines is located, is the first port of call. 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