KABANDA CHULU,
MWILA NTAMBI
Lusaka, Kitwe
ZAMBIA Chamber of Mines says Government should continue with consistent and predictable policies for the mining sector, whose investment commitments rose to US$3.4 billion in 2023 compared to US$1.7 billion last year.
Reflecting on the performance of the sector in 2023, association chief executive officer Sokwani Chilembo said despite shortterm operational complications, the future of Zambia’s mining industry is being laid with multi-billion dollar investment commitments.
Mr Chilembo said 2023 has been a very good year both in terms of investment commitments and progress on the ground.
“We’ve seen US$3.4 billion in investment commitments in 2023, compared to the US$1.7 billion that was pledged last year,” he told Mining for Zambia. “From 2021 to 2023, a cumulative total of close to US$1 billion of capital expenditure has already been spent on turning existing operations around..https://enews.daily-mail.co.zm/welcome/home
