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Mines Minister Richard Musukwa woes investors

Mines and Minerals Development Minister Richard Musukwa has invited mining investors in Europe to take advantage of the stable polices and vast mineral resource potential in Zambia.Speaking when he addressed investors during Europe’s largest Mining Investment event in London, Mr. Musukwa said Zambia is the best destination for investment as attested by various investors.

He added that Zambia as one of the top 10 best performers in Africa as rated by the World Banks’ 2020 Ease of Doing Business Report.

And Speaking at the same event, ZCCM Investments Holdings Chief Executive Officer Mabvuto Chipata reiterated that though Copper remains the company’s mainstay commodity, the institution is focusing on commodity diversification within the sector. Mr. Chipata said ZCCM-IH is now focusing on developing Greenfield projects in other minerals such as gold, manganese, vanadium and cobalt among others. He explained that the move is an effort to de-risk the portfolio and create new revenue streams.

 

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