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Mining skills proliferate throughout Zambia. This was built from 3 generations of mining. Small scale mining is the means of utilising that mining skill to empower indigenous Zambians by exploiting their natural resources. The author has 16 years hands-on experience mining in Zambia, commencing in 1981.
Mining skills proliferate throughout Zambia. This was built from 3 generations of mining. Small scale mining is the means of utilising that mining skill to empower indigenous Zambians by exploiting their natural resources. The author has 16 years hands-on experience mining in Zambia, commencing in 1981.
Mining skills proliferate throughout Zambia. This was built from 3 generations of mining. Small scale mining is the means of utilising that mining skill to empower indigenous Zambians by exploiting their natural resources. The author has 16 years hands-on experience mining in Zambia, commencing in 1981.
• Located in the Southern Africa Sub-region, Zambia is a landlocked country covering an area of 752 614 km2. It is bordered by Malawi (in the East), Mozambique in the South-East, Zimbabwe in the South, Botswana and Namibia in the South-West, Angola in the West and the Democratic Republic of Congo in the North-West. • The country has an estimated population of about 12.2 million and its annual population growth rate is estimated at 3.1 percent. It is estimated that 46% of the population, representing an active and productive workforce, is between 15 and 65 years of age. LEGISLATION 1. The government has realised that only through small scale mining enterprise can the population reap the benefits from mining. 2. Legislation is in place to facilitate this: • This category is that of investors who invest not less than $500 000 in the Multi Facility Economic Zones (MFEZ) and/or in a sector or a product provided for as a priority sector or product under the Zambian Development Agency (ZDA) Act, is entitled to the following incentives: Zero percent tax rate on dividends for 5 years from the year of first declaration of dividends Zero percent tax on profits for 5 years from the first year profits are made. For years 6 to 8, only 50% of profits are taxable. For years 9 and 10, only 75% of profits are taxable Zero percent import duty rate on raw materials, capital goods, machinery including trucks and specialised motor vehicles for 5 years Deferment of VAT on machinery and equipment, including trucks and specialised motor vehicles LEGISLATION (contd) • In addition to the tax incentives and services that the ZDA provides to investors, there are other benefits that investors enjoy when they invest in Zambia. Investors who invest in Zambia can enjoy the following guarantees: Free repatriation of profits and dividends government, Business cannot be compulsorily be acquired by except by an act of parliament, in extreme circumstances Protection against non-commercial risks, as Zambia is a signatory of the Multilateral Investment Guarantee Agency (MIGA ) and Africa trade Insurance Agency Impartial forum for resolution of disputes USE IT MINING • Za ia has a a u da e of k o i eral deposits. The ou tr is the orld’s fifth largest produ er of opper a d holds si per e t of the orld’s k o reser es. Copper a d Co alt, as the ou tr ’s traditio al e ports, a ou t for ell o er 70% of export earnings. Opportunities for the exploitation of other minerals have been identified. These include gold and gemstones (eg emeralds, aquamarine, topaz, agate and amethysts). Diamond reserves have also been identified. Zambia produ es o er 20% of the orld’s e eralds. • My technical advisor and I have identified mining prospects as follows: Copper in Kasempa in North-western Province Copper in Milenge in Luapula Province Emeralds in Lufwanyama in Copperbelt Province Copper in Mumbwa in Central Province, and Gold in Chongwe in Lusaka Province
Our experience spans over 40 years and is built on a foundation of studies,
observation and practice This experience spans five continents ZAMBIA IS THE BEST OPTION MINERALS MINED GEOLOGICAL MAP OF ZAMBIA PROSPECTING By just collecting dried leaves from the ground, and analysing them for metals, we can get an idea of the metals present in the ground. Trees have the ability to concentrate metals in the leaves. They extract those metals from the ground using their roots. PROSPECTING More technically, we can use aerial imaging. Those airborne surveys (called geophysical surveys) also detect metal values in the vegetation. There are specialists who can interpret such information and detect rich areas, or hot spots . METAL PRICING
We always advise our clients to be conservative in the metal price used
(shown in blue) This comes in useful when you intend to fragment the company into sections such as: • Procurement • Security • Maintenance • Camp facilities MINING PROCESS THE COMPETITION IS ALREADY HERE GOODWILL MUST PREVAIL...... ......AS INVESTORS, WE ARE THE HOSTS START OF MINING MOST BASIC SIMPLE MECHANISATION CAPITAL VENTURES WELCOMED INEVITABLE RISKS CORPORATE SOCIAL RESPONSIBILITY ASSISTING THE HOST COMMUNITY Such as allowing them to scavenge on our waste THE REWARDS THE REWARDS THE REWARDS ......By products THE REWARDS ......The customer THE MOTIVATION Quality lifestyle THE MOTIVATION Teaching life’s skills THE MOTIVATION Enriching lives THE FUTURE Once the business grows, investment can be made in mechanisation. Second-hand mining equipment can be bought cheaply from South Africa and be installed. Our youths can be used as the labour pool for the bigger mines in the country THE FUTURE The recent voting pattern from the 11th August polls shows a polarised, and divided Zambia. Small-scale mining has the propensity to unite the country as mines are opened up in all provinces Thank You