Subscribe for Updates! Zambia is in possession of some of the world’s highest-grade copper deposits. 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. It is reported to be Africa’s largest copper mine. 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 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. Dec 31, 2014Over 43 percent of Zambia's copper exports go to China, a major buyer. E-mail: sales@umcil.co.zm April 24, 2018 Kabwe mining licence reinstated; Last Modified Posts. (3282) Subscribe to receive updates directly in your mailbox! Zambia Mines Rescue Bus Handover; January 9, 2019 MINING COMPANIES ACCOUNTED FOR MORE THAN A QUARTER OF GOVERNMENT’S INCOME – ZAMBIA EITI REPORT. The MMDA became effective on 1 st July, 2015 although the date of assent is 14 th August, 2015. 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. 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. Find Coal Mines in Zambia and get directions and maps for local businesses in Africa. Read More… Latest Speeches and Press Releases The primary law governing the mining sector in Zambia is the Mines and Minerals Development Act No. Lumwana Mine is an open-cut copper mine project in the North West province of Zambia, 220km west of the Copperbelt and 65km west of the town of Solwezi. 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. Following privatisation of the ine assets in 2000, the Zambia Chamber of mines was re-established. List of best Coal Mines in Zambia of 2021. Lusaka - Zambia: MINING companies operating in Eastern Province do not reflect on the Extractive Industries Transparency Initiative (EIT) report, Technical Working Group 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. 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. Zambia is second only to Colombia in the production of emeralds. 14 of 2016. Mining companies in Zambia focus on excerpting copper and uranium, as well as gold, nickel and industrial deposits, which are more limited. Nkana mine is one of the largest in Africa, a copper mine located 1 km south-west of Kitwe. 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