Musukwa warns mining companies

By Staff Reporter

MINES minister Richard Musukwa has warned mining companies that the liquidation of Konkola Copper Mines (KCM) is a signal to them to comply with the law.

Musukwa has since assured Zambians, the international community and investors that the country was still a favourable destination for investment in the mining sector.

In a statement issued by Public Relations Officer Lucy Shawa today, Musukwa has stressed that the mining sector will remain private sector driven.

Musukwa added that government would continue to use dialogue as a means of reaching amicable solutions and work with investors who mean well for the country and not allow investors to abuse Zambians and violate laws that protect investment laws.

Musukwa said this in Lusaka during a meeting held with Mopani Chief Executive Officer Chris Vermeulen.

He, however, urged Mopani to continue working with government in resolving issues surrounding the shaft and offer solutions to safeguard employment of locals and contractors.

Meanwhile, Vermeulen assured Musukwa that Mopani will continue working with government and key stakeholders to make sure there are no jobs lost.

He has said Mopani is currently working on infrastructure which will improve production with local contractors given an opportunity to grow.

Vermeulen said the new concentrator project in Kitwe was at 61 per cent and the Henderson shaft in Mufulira at 98 per cent to completion respectively.