ZCCM IH starts manganese mining in Serenje

Filed under: Business,Latest News |

ZCCM Investments Holdings Plc Limited has started mining manganese in Serenje district , Central Province.

ZCCM-IH through its wholly owned subsidiary Kabundi Resources limited is targeting to be producing 20, Thousand tonnes per month by the end of the year.

The company has so far invested about one point five million United States Dollars, which has gone towards the setting up of the site infrastructure, such as a weigh bridge and offices, and the resettlement of nine project affected households.

ZCCM-IH Chief Executive Officer Mabvuto Chipata said the Company is repositioning itself to have more control, and drive growth in developing the mining sector in the country.

Chipata was speaking when Industrial Development Corporation (IDC) Group Chief Executive Officer Mateyo Kaluba toured the mine site in Serenje.

And Kaluba said he is happy with the commencement and the progress made in developing the project.

He said it good that ZCCM-IH is now living to the expectations of its shareholders by developing a wholly owned new mine.


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Start: 2019-07-01 End: 2019-07-31