ZIMEC 2017 is the perfect opportunity for operators in the mining and energy sectors in Zambia, both established and new to understand the political environment, challenges and successes and investment opportunities by attending the conference sessions, as well as meeting the Zambia’s main political, economic and institutional decision makers. Leading mining and energy houses, government representatives, investors and other complementary businesses will be participating to discuss current and upcoming projects and gain useful insights into current trends of the mining and energy sectors.
“The exposure to the Mining environment has been extremely opportunistic since we were exposed to the ZIMEC platform. We identified our challenges and possibilities to improve our goals and objectives and met with most of the big mining operational companies to discuss our strategic planning for 2018. The stage has been set and now we have to play our role.”- Naeem Fortune | CEO, Africa Union Cargo (Silver Sponsor, ZIMEC 2017)
For the past 7 years, ZIMEC has been instrumental in attracting foreign direct investment into Zambia’s mining and energy industries. The growing Zambian mining sector has witnessed an influx in investment and forecasts are exceedingly positive due to the rising copper prices and increase in demand for Cobalt. This will further incentivise more foreign miners leading to increasing mining projects. Favourable mining legislations and taxation policies have also boosted the growth in the mining sector. Diversification from copper have also been consolidated due to the emphasis on gemstones.
Zambia is also at the forefront in attracting investment for a sustainable energy sector fostering economic development and mitigating the country’s power deficit. Mining accounts for the greatest electricity consumption in Zambia and significant steps are being taken towards renewable power. The country expects to triple its power output to 6,000 megawatts (MW) in 2 years through expansion of solar energy. This has led to FDI coming into the country.
Zambia is at a crossroads, in order to meet the ambitions of Vision 2030, the government is diversifying both the mining and energy industries in achieve sustainable development. Building on the theme for 2018: ‘Invest in Zambia- Generating Value, Diversity and growth through Collaboration’, the conference aims to turn these plans to actions.
The conference will have two focal points: Mining in Zambia and Power in Zambia. Both streams will consist of two days of dedicated conference sessions, exhibition, industry related workshops and robust panel discussions delving into the critical factors prevalent in the industries. ZIMEC will focus on a range of essential topics addressing the future of the mining and energy sectors and prespoctive investing opportunities.
Key Topics include:
To quote former South African President Thabo Mbeki, who spent time in exile in Zambia:
“I am an African…I owe my being to the hills and the valleys, the mountains and the glades, the rivers….and the ever-changing seasons that define the face of our native land…”
To paraphrase Mbeki, I am a patriotic Zambian.
I work for a listed global mining company. I am proud to be both a Zambian and a modern miner, and I see no contradiction in that, merely a continuation.
Copper is the foundation of our development. For decades, it has fed Zambians, it has housed Zambians, it has educated, clothed and protected Zambians.
And, at least 600 years before copper was “discovered” in Zambia in 1895 by American scout Frederick Russell Burnham, copper crosses were being used as currency in the great trading civilisations of the 11th and 12th centuries.
Our Zambian Coat of Arms, adopted at independence in 1964, pays a fitting tribute to our industry by prominently featuring a miner’s headgear.
As the world continues to develop and industrialise, it drives demand for copper. So, despite the current downturn, copper has a great future.
Can Zambia be a part of that future? I firmly believe it can.
Last year, we produced 711 000 tonnes of copper – more than three times the level of 15 years ago.
I have a vision that in another 15 years, when my hair is greyer, Zambia’s copper production will have breached 2 million tonnes.
I believe this is achievable.
The copper is there.
Zambia’s mines have enough reserves to last another 50 years. More recent discoveries could take us well into the next century.
The long-term demand is there.
As countries in Asia, Africa and South America develop and industrialise, they will need copper.
But the story of Zambian mining should not only be about copper. We have undeniable evidence that Zambia is capable of producing a wider range of mineral materials if concerted effort is made to address the long term sustainability of the mining sector in Zambia.
And in mining, the long term is everything.
It takes at least a billion dollars to start a new mine, and several years before a return on investment is possible. But when good mining meets a good, stable policy framework, investors will commit their capital. This will result in a reinvigoration of exploration projects, which will then drive discoveries that will promote new and more exciting mining projects.
It is this fusion that we must strive for, if Zambia is to maintain its position as a favoured mining destination.
Yes, last year’s 711 000 tonnes is a record. But if you go back to forecasts made a few years ago, we should by now be closer to 900 000 tonnes.
Yes, our existing reserves are extensive.
But after a century of mining, the ore grades are lower, and the copper is more technically challengeing – and expensive – to access.
Since privatisation, approximately $12 billion has been invested in Zambia’s mines. Kalumbila and the recent modernisation of Mopani are just the latest shining examples.
But more is needed.
The World Bank is forecasting a decline in Zambia’s copper production after 2019, unless there is, quote-unquote, a “new wave of investment”. Given the timescales in mining, we have no time to lose.
All of us here today know that policy instability and friction between Zambia’s Government and mining industry have benefitted no-one in recent years. But, I truly believe those days are past us. Since early last year this Government has shown that it is willing to listen. To those investors here today, I point to the recent decision to lower MRT, in the face of budgetary pressures, as evidence of long-term policy making to safeguard the future health of the country’s pre-eminent industry.
The industry, too, has learnt from recent times. We acknowledge our wider role as a developmental driver for Zambia, and we recognise that we must ‘make our case’ to the people of Zambia.
This week, the Chamber has launched a new website, appropriately titled MiningforZambia.com, to help ordinary people learn all about our industry, its challenges, and its contribution. As a purely educational resource, I believe this is the first industry website of its kind.
So, good progress has undoubtedly been made by all parties in the last 18 months.
However, we all need to acknowledge the further challenges that lie ahead.
We must find the collective means to overcome them, through the symmetry of industry excellence and responsive regulation, if my vision is to come to pass.
Many of those challenges – power, regulation, investment, and so on – will be aired over the next two days, and I thoroughly look forward to being part of this vigourous debate.
For, let us be clear, tomorrow’s mining industry depends on decisions taken today.
The Zambia Chamber of Mines, kindly advises all its stakeholders invited to the first ever National Mining Dialogue Conference that the event has been postponed.
The new dates for the conference will be communicated. The Chamber regrets the inconvenience caused and appreciates the positive response received from all stakeholders.
For further information contact the office:
The Chamber of Mines of Zambia held its Second HSE National Conference & Exhibition, from 30th to 31st July, 2015, at Mulungushi International Conference Centre, in Lusaka, under the Theme: “ROAD TO ZERO HARM”.
The high level event attracted participation from industry, academia, regulatory bodies, government and other stakeholders.
It brought together international and local speakers who shared their expertise, experiences and in-sights through technical presentations and discussions in Occupational Health, Safety and Environment; topical issues in the mining and related industries.
While the exhibition section gave delegates an opportunity to see HSE applications and offerings currently on the market; it was just a perfect occasion for business partners to interact and mingle, with the lively networking cocktail crowing the business of Day-One.
The second and last day so delegates registered with the Engineering Institution of Zambia walking away with 3-CPD points to their credit; in a brief but epic certificate presentation ceremony which preceded the official closing of the conference.
This conference once again proved itself as an event not to miss, on the activity calendar of the mining industry in Zambia, thanks to the generous support the Chamber received from its cooperating partners and members; Mopani Copper Mines Plc came in as main sponsor, with Murray & Roberts and RedPath as co-sponsors, and other supporting sponsors. We acknowledge all our sponsors, listed here under and trust that they will continue to support future events.
Download programme here.
GOVERNMENT has reiterated its resolve for the mining sector to run and operate a fiscal regime which is based on mutual trust.
Deputy Minister of Mines, Energy and Water Development Richard Musukwa said the mutual trust between Government and the mining sector should be premised on a broad-based consultation with the Chamber of Mines, which is the custodian of the mining sector.
Speaking during the Zambia Chamber of Mines second mining awards gala in Lusaka on Friday night, Mr Musukwa said Government is determined to ensure that the country’s fiscal regime is simple, transparent, reliable, stable and at all times predictable to guarantee investments.
Mr Musukwa described the Chamber as a critical partner and called for increased production by exploiting local reserves and extensively investing in the development of the mines.
He said Zambia hosts an estimated 10 percent of the world’s known copper reserves and has a wide variety of other minerals and metals that are being exploited in different parts of the country.
“The PF government is alive to the fact that these mineral resources cannot be fully exploited without collaboration between Government and the private sector. Therefore, the private sector will remain our key partners in the development of this nation,” Mr Musukwa said.
He said Government will continue ensuring that it provides a conducive environment to the growth of the mining sector.
“However, the private sector must also play its role in ensuring that mining not only generates profits for the shareholders but also benefits for the people of Zambia,” Mr Musukwa said.
He said the mining sector has not fully utilised the upstream, downstream and side stream linkages that the mining sector presents.
“I, therefore, challenge the industry to work towards integrating mining in the local economy as this will create a strong and sustainable economy for the benefit of all,” he said.
He urged the Chamber to consider awarding companies that are taking up initiatives to integrate into the local economy through capacity building, local sourcing of goods and services and greater engagement with local communities in their operations.
Meanwhile, Mopani Copper Mine was voted the mining company of the year during the occasion that saw it sweep six of the nine awards.
Apart from being crowned the best mine in 2014, the mining company was also voted best performer in environmental management, won the inter-company First AID competition, voted best employer, best performer in local content as well as in innovation.
Mopani capped the evening with its director Emmanuel Mutati scooping the President’s Award in recognition of his contribution to the mining sector.
Zambia Chamber of Mines president Jackson Sikamo described the gala as a platform for positive interaction and networking.
Story By: Benedicto Tembo
NNOVATION is now the buzz word in the world today as most development problems require new solutions.
Innovation is crucial to the continuing success of any organisation – and in the mining sector, just like other sectors of the economy, it is very relevant now more than ever before.
For the mining sector, innovation can be viewed as the application of better solutions that meet new requirements to this complex industry.
Mining is the heartbeat of Zambia’s economy. Zambia hosts an estimated 10 percent of the world’s known copper reserves and has a wide variety of other minerals and metals in different parts of the country.
And mining companies in Zambia, just like elsewhere in the world, are required to follow stringent environmental guidelines in order to minimise environmental impacts that result from water and air pollution, and have an effect on human health.
Mining causes noise pollution, damages infrastructure such as houses in mining townships due to blasting and contributes to land degredation.
The guidelines and regulations, therefore demand an environmental impact assessment, development of environmental management plans, mine closure planning (which must be done before the start of mining operations), and environmental monitoring during operation and after closure.
It is not a secret that most times, these regulations are not being well enforced due to various factors ranging from lack of capacity by mine safety inspectors to lack of compliance by mine operators.
As mines strive to improve the performance of the mining sector by targeting higher production figures, they should not do so at the expense of the environment.
There is, therefore, need to put in place necessary measures to mitigate the negative environmental impacts of mining.
However, things are now looking up – thanks to advancements in technology and the desire by mines for introspection.
One such innovation in Zambia has been scored by the Zambia Chamber of Mines by coming up with awards.
Last Friday, the Chamber of Mines awarded deserving personalities and mining companies for their contribution to the sector last year.
Now in their second year, the mining awards are designed to provide a platform for recognising service and excellence of individuals and member countries in the mining industry, whose efforts have remained unnoticed in the past.
The awards are a form of peer review by the mines because they evaluate work by one or more people of similar competence.
That mines allow judges, who are distinguished members of the mining profession, constitutes a form of self-regulation by the mines.
Through the Chamber of Mines, peer review methods are employed to maintain standards of quality, improve performance, and provide credibility.
It is, therefore, important to reward industry performers to motivate them to continue working hard and inspire others to improve their performance and aim higher.
Mining companies that subscribe to these awards deserve commendation because it demonstrates their willingness to be better corporate citizens, better employers, better environmental managers and better mines.
We agree with deputy minister of mines Richard Musukwa that in future, the chamber should consider awarding companies that are taking up initiatives to integrate into the local economy through capacity building.
Mining companies should also embark on local sourcing of goods and services and greater engagement with local communities in their operations.
The Zambia Chamber of Mines successfully held its first HSE National Conferenceon 10-11 July, 2014, at Mulungushi International Conference Centre, in Lusaka. The Conference was opened by the Minister of Mines, Energy and Water Development, Hon. Christopher Yaluma, MP.
Following the successful, Zambia Chamber of Mines Inaugural Mining Awards Gala Dinner held in 2014, the Chamber is back with yet another exciting event this year to recognize and promote service and excellence in the mining industry in Zambia.
The Council of the Chamber of Mines approved the hosting of the 2015 Gala Dinner, which provides an opportune event for key players in the industry to showcase their achievements, create business linkages and share experiences.
About 350 Mining Executives, Senior Government officials, Suppliers, Cooperating Partners, Civil Society and members of the Media are expected to attend the Gala to be held on 26th June, 2015 at Radisson Blue Hotel, in Lusaka, starting at 18:30 hours.
Zambian Mining companies will be awarded in various categories.
Sponsorship opportunities towards the 2015 awardsare available for:
We look forward to welcoming you to this event and to working closely with you to ensure the event is a huge success.
For further information (Tickets and benefits of sponsorship); Kindly, contact our Communications Manager, Mr. Talent Ng’andwe on 0955-381309/0977381309 or email firstname.lastname@example.org to confirm your partnership with us.
Maureen J. Dlamini (Mrs.)
Chief Executive Officer
ZAMBIA CHAMBER OF MINES
The Copperbelt Mining Agricultural & Commercial Show will host an exhibition from 27th May to 31st May 2015 under the theme “Maximise Development To Sustain a Strong Economy“.
The Show has been growing each year and CMACS expects an excellent one this year. They already have exhibition stands booked and they are going fast.
It is believed that these shows are an excellent marketplace for a large variety of products from mining to consumers. The show has always drawn a good quantity of quality business visitors during the trade days and large crowds of the general public over the weekend.
The show is renowned for its hospitality and good business facilities. There is a large variety of different sized stands and open spaces to choose from. See the location on this map: https://goo.gl/maps/Y6UUH
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