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    Lusaka Zambia: The government has handed-over gold mining equipment worth 1.3 million Kwacha to three cooperatives aimed at scaling up gold production levels in three

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    Zambia : Government hands over gold mining

    Lusaka Zambia: The government has handed-over gold mining equipment worth 1.3 million Kwacha to three cooperatives aimed at scaling up gold production levels in three

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    Zambia mining guide 3 New geographic expansion risk framework Risk framework to assess new geographic expansion If the country suffers frequent power outages similar to those in 2008, mines will have to supplement their grid power with costly standby diesel generation. External factors P o l i t i c a l S r i s k M a c r o d r i v e r s C o m m e r c i al o a Investor/asset owner

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    ZCCM-IH has started buying gold from artisanal and small-scale gold miners as one of the steps towards the formalization of gold mining and trading activities. ZCCM-IH’s national target for gold from both primary and secondary sources is 40 tonnes or 40,000Kgs, and will be offering a competitive price for gold from the local market, pegged at a starting price of K550 per gramme.

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