Lusaka, June 22, 2016 – THE Zambia Chamber of Mines today launched an industry website which explains mining to ordinary people.
MiningforZambia.com website is educational and extensive in scope and content, and complements the Chamber of Mines’ existing website – featuring latest industry news from Zambia and around the world, a live updated copper price, tracking of the price of other mineral resources and the Kwacha/US Dollar exchange rate, and features offering a deeper look into mining in the country.
Chamber of Mines president Nathan Chishimba said: “It’s a world-first in the topics covered, the ease of reading and its daily round-up of news and financial information.
“This powerful website is a must-read for anyone wanting to understand the role of mining in the Zambian economy and society. We expect readers to return to the site daily, or at least weekly, to keep themselves updated – especially as we continue to add new content. It will appeal to all who follow the mining industry, be they experts or ordinary Zambians,” he said.
MiningforZambia.com is part of an ongoing programme of strategic, public engagement by the mining industry to promote a better understanding of the industry.
The site covers core topics focused on Zambia’s mines, their economic and social contribution, interesting facts about the industry and more.
It follows the launch of the booklet “Understanding Mineral Royalty Tax (MRT)” by the Chamber of Mines earlier this year.
The Chamber also hosted a media conference in December 2015 to explain the causes and the consequences of the global mining crisis resulting from the economic slowdown in China, the world’s largest importer of copper and other industrial metals.
MiningforZambia.com is the latest in several initiatives still planned by the industry.
“Mining in Zambia is relatively under-reported, and there are deep and abiding misconceptions about what it actually does and its impact on society and the economy,” Chishimba said. “MiningforZambia.com aims to help correct that.”
The website’s primary content is free for use by the media, or anyone else who wishes toaccessit.
Its five key sections are:
It also has a library and downloads section – where open source/ free to use information are shared. “We invite all Zambians to visit the website to learn more about an exciting and challenging industry which plays a critical role in the economy and society,” said Chishimba.
The Zambia Chamber of Mines welcomes the changes to the new 2015 Mines and Minerals Development (Amendment) Act which was passed by parliament last Friday.
The Chamber maintains its position that the question of having an equitable fiscal regime that promotes the competitiveness of Zambia’s mining sector is not a zero sum choice between Government on the one hand and the mining industry on the other. Rather, it is one of making appropriate and well thought out choices that will result in a vibrant and competitive Zambian economy that promotes overall growth in the long term for Zambia. Given the pivotal importance of the mining industry in promoting long term diversified economic growth, the mining industry supports the forward thinking policy shift by Government, which will no doubt bear fruit in time to come.
We also note that the Government’s decision marks a significant shift in outlook towards the sector, and it can only be of benefit to the industry and the economy in the longer term.
However, given the intense competition we face as a country from other mining jurisdictions in the world, more needs to be done to ensure long-term competitiveness and renewed investment in the mining sector, which is key to securing growth. We are sure that if the country maintains the same momentum as exhibited by the outlook that resulted in the most recent change to the fiscal regime, this should be achievable in the next few years.
We believe the prevailing low price environment continues to present significant challenges for the mining sector over the short to medium term.
The gesture by the Government is a good lifeline that will provide much needed relief. The simplicity, stability, predictability, and ultimately the attractiveness of Zambia’s minerals fiscal policy environment and taxation regime, is vital to providing the assurances these investments require, especially given that copper mining in Zambia is a high cost business.
For the mining industry, this is critical: the instruments used within a taxation regime, and the rates at which taxes are set, together establish the incentives and disincentives a mining company faces in deciding whether and how much to invest, how many workers to employ, and what ore to extract – which in turn can affect the life-span of the mine.
If Zambia is to attract this needed investment its mining taxation levels, particularly Mineral Royalty Tax, must at the very least lie within global norms. Given Zambia’s specific production conditions, many would argue that an even bolder approach is necessary.
Since 2000, on the back of rising copper demand from China, the Zambian copper mining industry has led the nation’s development, spurring GDP growth and helping to achieve annual growth rates of 7% to 10%. The industry has ploughed more than US$14 billion into new mining ventures and trebled the country’s annual mining output to around 800 000 tonnes. This mining growth has been key in taking government tax revenue from less than half a billion Kwacha in 2000 to a peak of K8 billion ten years later.
“We are the basket which holds all the proverbial eggs. Working together we have to create a high-growth, diversified economy which spreads risk and opportunities across the economy creates more jobs and widens the tax base,” said Mr Nathan Chishimba, President of the Zambia Chamber of Mines.
“As we are seeing in the current crisis, Zambia should not be relying only on mining for its future,”Mr Chishimba said.
We commend the government for this new spirit of dialogue and cooperation, and we look forward to continuing to work together to solve these and future challenges.
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 Mining Industry Association of Southern Africa (MIASA), an association of Chambers of mines in the SADC Region, represents Chambers of mines from Botswana, the DRC, Madagascar, Namibia, South Africa, Tanzania, Zambia and Zimbabwe. MIASA attended and participated in the Ministerial Symposium held on 7 February 2016 at the Mining indaba in Cape Town.
The symposium with African Ministers on promoting Africa as a preferred investment destination for mining takes place at a time when the mining industry in the whole of the SADC region and Africa at large is experiencing headwinds of significant proportions that require governments and the private sector to be pulling in the same direction to weather the storm and mitigate the negative impacts of the current downturn. Without such cooperation between governments and the private sector, the industry will slide further into decline to the detriment of socio-economic growth in the region with massive job losses which are a threat to social stability.
MIASA notes with concern, the large scale retrenchments in the region as a consequence of depressed commodity prices on international markets. In the SADC region alone, the mining industry has lost approximately 70,000 jobs across all commodities and considering a multiplier effect of 7, this translates to total jobs lost amounting to 490,000. This means up to 5 million people have been deprived of their daily subsistence considering that each employee supports between seven to ten dependants. To make matters worse, a further
50 000 employees face the risk of losing their jobs if something drastic is not done urgently.
In order to turn the situation for the better and ensure that Africa and in particular the SADC region is attractive for mining investment, governments need to maintain consistency in policy, to only introduce policies that are well researched and above all, in consultations with the private sector. MIASA calls for governments to cooperate and share experiences of what works and what doesn’t.
There is no need to re-invent the wheel. Four jurisdictions in the SADC region are currently reviewing mining legislation. Any legislation change makes investors nervous for as long as there is no finality and consultation on that legislation.
MIASA notes that the mining industry has had no significant investment in recent years with no major exploration projects for mining. Ministers of mining need to assist the mining industry by reducing the level of bureaucracy and creating an environment that will make it easy for new and emerging miners to enter the industry. Governments can also create certainty by avoiding changing policy at short intervals.
External investors also need certainty on security of tenure to ensure long term investment in mining industry. The industry is always ready to engage with governments in the SADC region to come with solutions that will help the industry to survive the downturn and position itself to reap mutual benefits in the next super-cycle.
THE United States of America (USA) and other foreign diplomats accredited to Zambia have backed calls for a long-term strategic consensus in the mining sector anchored on diversification to steer economic growth to new heights.
This is in response to the call made by the Zambia Chamber of Mines (ZCM) president Nathan Chishimba last week, for a deliberate drive by the Government, the industry and other stakeholders, to find conditions which will lead to a high-growth mining industry and a diversified economy.
US Ambassador to Zambia Eric Schultz applauded the initiative by ZCM to better educate the public on the importance of the mining sector to the country’s economy while encouraging diversification.
“A crisis sometimes offers an opportunity to make a lasting change. The slump in copper prices, electricity shortage and issues with a depreciating Kwacha have hampered Zambia’s growth.
“Copper will eventually rebound and will remain an important part of the Zambian economy going forward but, as the mining companies are themselves saying, now is the time for the country to diversify away from an over-reliance on a single commodity and its cycles of boom and bust,” he said.
This is contained in a statement released by the ZCM office in Lusaka yesterday.
Canadian High Commissioner to Zambia Alex Andre Leveque said he also welcomed the diversification initiative, both in the mining industry and the wider economy, as this would benefit all Zambians.
Acting British High Commissioner to Zambia Lucy Joyce said mining was clearly an important industry in the country and its economic development.
“I understand that this initiative recognises the importance of increasing transparency between the mining industry, the Government, civil society and the public; we welcome this and hope stakeholders will engage constructively,” she said.
Zambia Association of Manufacturers (ZAM) chief executive officer Maybin Nsupila said the diversification of the mining sector and the wider economy was vital given the numerous challenges faced by the country in recent years.
Mr Nsupila said the fluctuations of the metal market had a great impact on the country’s foreign exchange earnings, while taking its toll on the growth of major sectors such as manufacturing.
“Total dependence on copper at the expense of other sectors has resulted in little growth in the economy, and there is an urgent need to diversify,” Mr Nsupila said.
Other stakeholders supporting the cause were Centre for Policy Trade and Development executive director Isabel Mukelabai, University of Zambia (UNZA) School of Mines Dean Osbert Sikazwe and prominent business executives Mark O’Donnell and John Kasanga.
Story By James Kunda (Times of Zambia).
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.
MINES deputy minister Richard Musukwa says the government is determined to forge communicative linkages with the mining sector to ensure policies are well structured and more predictable.
Meanwhile, Mopani Copper Mines scooped seven awards at the Zambia Chamber of Mines mining awards gala in Lusaka.
Speaking at the second Zambia Chamber of Mines awards gala in Lusaka on Friday, Musukwa said the government would look to forge stronger communicative linkages with the mining sector to ensure all future decisions on policies were well structured and more predictable.
The revised 2015 mining tax regime due to come into effect this Wednesday will see a return to a two-tier fiscal regime from the current single tier effected on January 1, following a huge outcry from the sector.
“We have demonstrated many times that the industry has raised an alarm about some of the undertakings we have done as a government, our capacity to not only listen but to demonstrate that we are able to change certain course of action after consulting,” he told industry stakeholders at Lusaka’s Radisson Blu Hotel.
“I must tell you that my government is determined to ensure that we forge more communicative linkages with the Chamber and all the players in the mining sector so that together, we can structure decisions that are going to allow us to be more predictable and that we must be able to move together as a team.”
Musukwa also pledged the government’s commitment towards ensuring the mining industry would have a more stable and transparent fiscal regime.
“I must restate my government’s position and reiterate our commitment towards ensuring that as a government we run and operate a mining industry which has a stable fiscal regime, which is simple, transparent and in most cases, of which many of you investors are looking for, reliable,” said Musukwa, who also challenged mining houses in the country to integrate into the local economy to benefit all Zambians.
MCM scooped seven awards at the gala, which included the ‘Best Mining Employer’ in 2014, with Chibuluma Mines Plc having scooped ‘Best Performer in Social Investment in 2014’. The mining awards, introduced in 2012, provide a forum for recognising service and excellence of individuals and member companies in the mining industry, whose efforts remained unnoticed in the past, according to Chamber president Jackson Sikamo. –
Source: Post Zambia
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
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