Mining rights in zambia

Proposals for employment and training of citizens of Zambia. The main objective of this work was to review industrial compliance against Zambia’s environmental legal regime for the period between 2009 and 2014, track environmental policy Copper mining in Zambia is an enclave activity, both technically and spatially, and as mining in Zambia moved deeper underground it became increasingly capital- and import-intensive, so that forward and backward market linkages with the domestic economy beyond the local environs weakened. This Artisanal and Small-Scale Mining (ASM) Handbook for Zambia is the result of a training session held in Zambia in March 2018 through the sub-program on ASM under the overall PanAfGeo project. [2] Nov 29, 2023 · Both Zambia and Niger are examples of where mining companies needed to adopt pro-human rights practices from project development. Phil (Oxon) Advocate of the High Court for Zambia, Professor of Law, University of Zambia. Kagem is primarily an open-pit mine. As we reflect on 2023, Mr Sokwani Chilembo, CEO of the Zambia Chamber of Mines, tells us about the investments that have been made and the projects that are already ASM in Zambia is known for high levels of formalisation. Further, the sector employs about 59,371 people, making it fifth on the country’s top sector employment index. Naturally, Zambians will want to understand who will benefit from this decision. The Zambian government has taken over operations at a major copper mining company in what is seen as a move towards increasing its direct control of the key mining Jul 4, 2019 · An overview of legal and practical considerations surrounding mining rights and title in Zambia, including the extent of state control, renewal and transfer of licences, and protection of rights. 249 (689. The 2015 Act provides for the mining disputes tribunal where people with technical expertise can give their input on the matter at hand. April 17, 2024. 21 KB 1 file (s) APPLICATION FOR MINING RIGHT. Our economic diplomacy is bearing fruit. 049143 per share. The state-owned mining holding company ZCCM-IH remains embroiled in a legal dispute with Vedanta over the enforced liquidation of Konkola Copper Mines (KCM). 253-276. According to the 2024 Parliamentary budget speech, in order to attract targeted investment and expedite mineral exploration projects across Zambia, the government plans to The White House is calling for responsible mining practices in the Democratic Republic of the Congo and Zambia to support Oliver Masunda May 13, 2024 May 13, 2024 MACLEAN ADDS ML5 MULTI-LIFT TO ITS MINE-MATE UTILITY VEHICLE PRODUCT LINE May 1, 2018 · Getting ahead, the government is focused on building a diversified and export-oriented mining sector through regulatory reform as well as embracing strategies to promote: exploitation of gemstones and industrial minerals; local and foreign participation in mining value chains and industrialisation; and small-scale mining. 91 mmtpa of ROM and primarily Jan 31, 2024 · The Government has established an objective to achieve the production of 3 million metric tonnes of copper by 2032 amongst other objectives in the extractive/mining industry. Sep 1, 2020 · The mining sector is governed and regulated by the Mines and Minerals Development Act No. This paper is a review of environmental management compliance of the extractive industry; particularly mining in Zambia and the government’s commitment to environmental protection in view of sustainable development . 03/12/2021. Proposal for promotion of local business development. Today we break ground on the FQM Enterprise Nickel Project. 6 days ago · 3 weeks ago. Although women hold Mining Licences, they are not in the production sector. A prominent American corporation, Critical Resources Development, has unveiled ambitious plans to invest a substantial sum exceeding ten billion US dollars in the establishment of three advanced mineral and Rare Earth element refineries within Zambia. 227. P. This is an appeal against a Judgment of the High Court delivered by Makubalo, J on 16th September, 2019 at the Kitwe High Court. The Company was established in March, 2007 with head office in Kitwe. Recent Posts. MINING RIGHTS IN ZAMBIA Muna Ndulo LLB (Zambia) LLM (Harvard) D. These benefits are proliferated or subdued depending Today, Zambia is the second largest copper producer in Africa, after the Democratic Republic of the Congo (DRC) , and the eighth largest producer in the world (International Copper Study Group 2016). 05 MB Format: Adobe Portable MINING RIGHTS IN ZAMBIA Muna Ndulo LLB (Zambia) LLM (Harvard) D. There is a 15% export duty applicable. O Box 11291. APPLICATION FOR RENEWAL. It also contains reporting requirements for mining rights holders and provisions regarding cadastral maps Dec 1, 2021 · Mining resources (mainly copper), whose extraction and export were initiated during colonial times, have played an important role in the economy of Zambia, a landlocked country in central-southern Africa. 07 KB 1 file (s) APPLICATION FOR ALTERATION. 1, 2023, introduced the following tax reforms: > Reduction of property transfer tax on transfer of mineral rights held by exploration companies from 10% to 7. May 23, 2022 · However, two major legacy issues from the previous regime remain. Mining For Zambia asked the superintendent of the Kalumbila Town Development Corporation and two Zambian business owners to explain what an … Jul 18, 2018 · This article takes a look at some of the key regulatory issues for mining operations in Zambia, including environmental, health and safety, labour and anti-bribery considerations. Figure 1 provides the country’s scores on key indices of the survey. This document contains regulations related to mining rights and minerals development in Zambia. 1987. 00 (area size ) x (rate per year) Small Scale Mining License 4,500. It outlines application procedures for various mining rights and non-mining rights, as well as procedures for renewals, alterations, transfers, and abandonment of mining rights areas. Additionally, this has to be approved by the Zambia Environmental Management Agency. Blu Rock Mining Services Ltd provides Drilling Services for both Surface Drilling and Reverse Circulation for the Zambian Mining Epiroc Zambia Limited, Chingola. M Kidd environmental law, 2nd ed. Mining Rights. Juta company ltd, Cape Town 2011. In line with its stated Mining Policy, the Government of Zambia has enacted new legislation – the Mines and Minerals Act (1995) – which greatly simplifies licensing procedures, places minimum reasonable constraints on prospecting and mining activities, and creates a very favourable investment environment, whilst allowing for international arbitration to be written into development Small-Scale Mining Rights in Zambia 1. Mining is a major contributor to Zambia's economy. Zambia significantly improves its ranking in Mining Investment. May 28, 2024. Jul 18, 2018 · Under Zambian law, there is no fixed regime for taking security over mining rights. ’1 In Therefore, if you are looking for mining projects in Zambia or agreements with local mining companies. Tel: +260 (0) 211 334 000. 5 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) and primarily produced copper (248. The mining was of a traditional and subsistence nature and confined to surface outcrop deposits. Jan 19, 2023 · 19 January 2023 Human Rights. Challenges with human rights are also pervasive domestically. Minerals Economics Unit in the Mines Development Department issues the following types of trading permits/ licences; A trading permit can be issued to an indigenous Zambian and can also be issued to a registered limited Company. Loading Name: Mining_Rights_in_Zambia. In Zambia, First Quantum fully owns the Sentinel mine and holds an 80% stake in the Kansanshi mine, while the remaining 20% stake is held by the Zambian Government. Read More. 6 million equivalent) to the Republic of Zambia According to the Ministry of Mines, as at December 2014, 738 Small Scale Mining rights were held by Zambians, out of which ten percent (10 percent) were held by women. Now showing 1 - 1 of 1. 5% of the country’s GDP and over 70% of foreign exchange earnings in 2021. Jan 5, 2024 · In a stride toward enhancing artisanal mining, Zambia’s Mining Licensing Committee recently sanctioned 118 artisanal mining rights for Cooperatives. Description xxviii, 276 p. Sep 23, 2022 · Kalumbila Town was designated a Multi-Facility Economic Zone (MFEZ) on 16 September 2022, in order to fast-track economic development in North-Western Province. These range from zero to 5% for capital equipment, 15% for intermedia. Mar 12, 2021 · Glory Mushinge. Country Senior Partner, PwC Zambia. The lawsuit against mining giant Anglo American was filed on behalf of women and children in Zambia’s central Jul 26, 2022 · Zambia launches Africa’s largest nickel mine. 00 (area size) x (rate per year) Large Scale Exploration License 3,000. The government has launched a land policy development process with a central focus on harmonizing customary and state land under a unified system. Further, the Mines and Minerals Act of 2015 prescribes how to navigate mining rights vis a vis various surface (land) rights. Prospecting licenses are normally granted by the Geological Survey Department, but auctioning may be undertaken in areas where known mineral resources exist. Whilst communities of people living in poverty generally have been shown not to benefit from mining, women and children face specific challenges and are the most adversely impacted by mining extractives. Increased copper pro-duction has contributed much to Zambia’s high economic growth rates. Zambia, a southern African nation of 20 million people, is among the 10 biggest copper producers in the world. The Council of the Zambia Chamber of Mines has called on Zambia’s electricity supplier ZESCO, the Government and the entire…. 2007–08 2008–09. The president of the zambia Chamber of mines reported that Mar 25, 2021 · Other pieces of legislation such as the Forest Act (2015) Footnote 47 and the Zambia Wildlife Act (2015) Footnote 48 make provision for mining rights to subsist in national forests, national parks, game management areas, community partnership parks or birds and wildlife sanctuaries, subject to EIAs being carried out, in line with the provisions Artisan Mining Right 900. e goods, and 25% for finished goods. miles) in northern Quebec, just south of Glencore’s Ministry of Mines and Mineral Development, Environmental and Social Management Framework for the Zambia Mining Environment Remediation and Improvement Project July 2016. 5%; > deductibility of mineral royalty tax when determining the taxable income of mining companies; and. Aug 13, 2023 · August 13, 2023 Constance. 235. 0 Eligibility to hold a Small-Scale Mining Right. Jun 23, 2021 · Nestled on the northern banks of the mighty Zambezi River, opposite Zimbabwe’s Mana Pools, lies the Lower Zambezi National Park in Zambia. Rod James reports. ___ Mukwazhi reported from Harare, Zimbabwe. The largest past producers are Dunrobin (990kg gold), Sasare (390kg), and Matala (225kg); Dunrobin has recently been re-opened by Reunion Mining and is scheduled to Nov 4, 2011 · This report is based on three Human Rights Watch research missions conducted in November 2010 and July 2011 in Zambia’s copper-mining towns of Chambishi, Luanshya, Kitwe, Chingola, Solwezi As a result, in 2020, Zambia recorded a historically high level of copper production, with an output of 882,061 tonnes of copper. In Zambia, the small-scale mining is formalized in the sense that individuals, groups or companies have to operate under a legal mining title, such as an Artisan’s Mining Right, a Small Scale Exploration License or a Small Scale Mining License. The ASM sub-program is co-funded by the European Commission’s Directorate-General of Development and Aug 13, 2023 · Mopani posted a $300mn loss last year, after Glencore sold a majority stake to ZCCM-IH, Zambia’s state mining investor, for $1. pdf Size: 33. Imprint Lusaka : Kenneth Kaunda Foundation, 1987. Zambia ranked 62nd on Policy/Mineral Potential among the 93 jurisdictions covered by the Fraser Institute‘s Survey of Mining Companies 2011/2012. 0 out of 4. This type of license is only given to indeginous Zambians and registered cooporatives. The natives of Zambia would melt and mould the copper into ingots used as a Title Mining rights in Zambia / Muna Ndulo. Types of trading permits; 5 days ago · The Zambian Mining Magazine (ZMM) is a premier source of news on mining developments in Zambia's most important industry. Journal of The South African Institute of Mining and Metallurgy. Feb 5, 2024 · KoBold Metals, backed by a coalition of billionaires including Bill Gates and Jeff Bezos, said on Monday its Mingomba asset in Zambia is the country’s largest copper deposit in a century and Apr 4, 2024 · Zambia Cancels Mining Rights Over Non-Compliance. 2009. However, mining companies have the opportunity to negotiate refunds and rebates. t Remediation and Improvement Project Zambia Revenue AuthorityExecutive SummaryThe study on governing frameworks in the mining sector will inform stakeholders on the current regulations and policies in place in the sector as well as the levels of respect for human rights for wor. Zambia is working on overtaking its main competitor, DRC, and increasing Jan 1, 2022 · whether Zambia’s existing proc ess of granting mineral exploitat ion rights has an impact on the equal distributio n of economic gains among mining sector players. Mining Rights in Zambia – Oxford University Research Archive, 1977 Zambia Mining Laws and Regulations – Principal laws and regulation – Lulu, Proinfo USA editorial. total revenue comes from mining taxes. Mastercard sponsor AFSIC – Investing in Africa to prop up Africa’s SMEs. Sep 27, 2023 · China Non-Ferrous Metals Mining Group Company (CNMC) has unveiled plans to inject an additional $1. 00 (area size) x (rate per year) Large Scale Mining License 48,000. Security may be taken over any mining right by mortgage, pledge or by any other means used to obtain security The primary law governing the mining sector in Zambia is the Mines and Minerals Development Act (11/2015) (‘Mines Act’), as read together with its various amendments (Act 14/2016, Act 18/2018 and Act 25/2020). Recent geo-logical analysis suggests that the deposits of copper in Zambia are larger than previously estimated. Zambia Chamber of Mines calls on ZESCO to help protect Mine Assets during load shedding. It helps us diversify away from copper Mining companies in Zambia focus on excerpting copper and uranium, as well as gold, nickel and industrial deposits, which are more limited. Plot 210 Kabundi Road, P. Dec 31, 2014 · Open-pit Mining Methodology. Copper comprises 70% of Zambia's total export earnings, and the country produces about 20% of the world's emeralds. 4,195 Less than a minute. May 15, 2009 · Zambia has two cadastre offices; one at the central level (to process applications for mining rights) and one at the provincial level (to forward applications to the central office). MANSA, 30 August 2010 (IRIN) - Mining prospectors in Luapula Province, northern Zambia, have forced small-scale farmers from their land at gun point, according to villagers in the 1. Author Ndulo, Muna. The report presents a broad range of Zambian mining analysis, from key statistics to why trust has broken down among stakeholders and what can be done about it. According to Bloomberg, First Quantum’s chairman, Robert Harding, said the company had signed non Aug 23, 2019 · [4] World Bank, “International Development Association Project Appraisal Document on a Proposed Credit in the Amount of SDR 47. by James J. To reduce the over-dependency on copper and cobalt mining, industrial minerals such as fluorite, phosphates, talc, barite Dec 18, 2023 · December 18, 2023. Gemstone mining is the common thread amongst the women Artisanal and Small-Scale Mining (ASM). Dec 8, 2022 · CRPD. It is one of Africa’s most pristine wilderness areas – remote, unspoilt, and spectacular. The copper and cobalt mining industry contributes about 12% towards GDP, and provides direct and indirect employment to local residents. “The soul of Zambia is right here in the Copperbelt. 3 billion into Zambia over the next five years, spanning multiple economic sectors. barry. > introduction of presumptive tax (4% to 10%) for The potential scale of land documentation in Zambia is enormous. When it comes to surface (land) rights, the Lands Act, Chapter 184 of the Laws Mining rights in Zambia: en_US: Files. This amplifies the count of issued rights for Cooperatives to 206 in the ongoing year. Box 32664, Lusaka, Zambia ISBN 9982-01-001-8 Sep 19, 2023 · The primary law governing the mining sector in Zambia is the Mines and Minerals Development Act, No. 170. In 2013, Zambia was the sixth largest producer of copper where the mining industry in Zambia intrigued investment opportunities in Zambia of almost USD 8 billion. Mar 8, 2021 · Mining remains the backbone of Zambia’s economy accounting for 14% of Gross Domestic Product (GDP), over 14% of domestic revenue generation, and over 70% of foreign exchange earnings. The MMDA became effective on 1 July 2015 Mining in Zambia produces several minerals and is a critical part of the country's economy. The World Bank’s (2016) Mining and Governance review rates the extent to which ASM operators are allowed to legally operate in Zambia as ‘Very High’ (4. A subscription to Zambia Mining Website will help you find the right solutions. Various regulations have been made pursuant to the Mines Act, such as the following: the Mines and Minerals (Trading in Reserved The Mineral Industry of Zambia. M Ndulo Mining Rights in Zambia, Kenneth Kaunda Foundation, Lusaka, Zambia. March 27, 2024. A South African court has allowed a group of UN-appointed experts to intervene in a class action lawsuit against a mining company based in Zambia, the UN human rights office, OHCHR, reported on Thursday. One advantage of open-pit mining is that it makes every carat of emerald accessible. The second largest mine with approximately 33. Zambia is blessed with abundant deposits of copper and other minerals. We provide in-depth coverage of mining projects and the personalities reshaping the mining industry in the country. 1% of Skeena’s outst …. 00 (area size ) x (rate per year) Small Scale Exploration License 900. It seems set to remain so in the years ahead, despite the headwinds that currently beset mining in general, as well as problems specific to the country itself. These cancellations stem from non-compliance with the conditions stipulated Oct 20, 2015 · Women are being negatively and disproportionately affected by the mining industries in Zambia as a growing body of evidence shows. The Sentinel Copper Mine is owned by First Quantum Minerals Ltd, and is due to operate until 2035. Read More ». 4 billion in investment commitments, doubling the pledges made in 2022. Note Bibliography: p. The trading permit can be used for buying and selling of various minerals. Mar 9, 2023 · Zambia’s acting minister of green economy and environment, Elijah Muchima, announced the plan at a roundtable conference organized by the alliance in Lusaka, the capital, on March 2, 2023. 11 of 2015) The Mines and Minerals Development (General) Regulations, 2016 PUBLIC NOTICE Read More » RESULTS OF THE 80TH MINING LICENSING COMMITTEE (MLC) MEETING HELD ON 6TH TO 7TH AND 10TH JUNE 2024 Nov 2, 2021 · In Zambia, surface (land) and mining rights are two distinct concepts administered under separate legal frameworks. The crisis in Niger could have been avoided if the company, Orano, had sealed the tailings off on a secure site, but this was not done. Land (Customary Tenure) (Conversion) Regulations, Statutory Instrument Number 89 of 1996 INTRODUCTION 1. Mineral Rights and Licensing: The Act sets out the procedures and requirements for obtaining mineral rights in Zambia. This country faces serious development challenges, especially regarding economic structural transformation, deficient public goods, and high It brings together the best of recent research on Zambia's mining industry from eminent scholars in history, geography, anthropology, politics, sociology and economics. known today as Zambia long before the white settlers came on the scene. For companies interested in mining operations, or the opening of mining companies, in Zambia, the Zambian Ministry of Mines, under which the Chamber of Mines is located, is the first port of call. Jan 5, 2024 · Canadian mining company First Quantum Minerals is in discussions to divest a stake in its copper mines in Zambia to one of its shareholders, Jiangxi Copper, Reuters reported. Jun 1, 2016 · Published 1 June 2016. 11 of 2015, the Mining Licensing Committee (MLC) has taken decisive action at its 78th meeting to cancel certain mining and non-mining rights. By that Judgment, the court found that the Jul 1, 2014 · This Brief focuses on mining. (owned 55% by Reserved Minerals and 45% by Hagura, an Indian-Israeli corporation) was authorized to conduct exploration and mining in the Kafubu area. Original bundle. The High Court Rules, Chapter 27 of the Laws of Zambia 2. Kenneth Kaunda Foundation Muna Ndulo, 1987 First Published 1987 by Kenneth Kaunda Foundation (Publishing and Printing Division) P. 00 (area size) x (rate per year) OTHERS- NON Mar 5, 2024 · First Quantum Minerals has received interest from multiple parties hoping to buy a minority stake in its Zambian copper operations as the Canadian miner looks to offset financial damage caused by the closure of its flagship mine in Panama. CNMC Chairman, Xi Zheng Ping, detailed the allocation of these investments, emphasizing their commitment to Zambia’s growth. Copper, the country’s main Mining Rights. The Income Tax Act effective Jan. 11 of 2015, which covers types of mining rights, acquisition of mining rights, rights/obligations conferred on the mining right holder, transferability of mining rights, safety, health and environment requirements, and provides for the environmental 5. 14 of 2016 and the Mines and Minerals Development (Amendment) Act, No. in addition to copper, zambia was a leading world producer of gemstones, particularly emerald. The authors discuss how aid donors pressed Zambia to privatize its key industry and how multinational mining houses took advantage of tax-breaks and lax regulation. 0 Introduction Mining is the major driver of economic activities in Zambia, accounting for about 12% of the Gross Domestic Product (GDP) and more than 70% of the country’s export earnings1. In the first edition of our mining report, we focused on how Zambia’s mining sector can rebuild trust among Aug 30, 2010 · 30 Aug 2010. Lee Muzala July 26, 2022. It’s been a very promising year for mining in Zambia, with the sector attracting US$3. The sector also contributes substantially to employment levels. 5 billion in debt to buy Mopani from Glencore in January 2021. The government specifies the conditions for mining in ‘reserved areas’ in the Mines and Minerals Development Act of 2015. es when importing goods into Zambia. Chamber of Mines applauds Government’s debt agreement with bondholders. on these duties with the government. 2022 Zambia Mining Laws and Regulations Handbook, International Business Publications, USA. OWNERSHIP OF LARGE SCALE MINING IN ZAMBIA AND STABILISATION CLAUSES By Sangwani Patrick Ng’ambi* and Prince Mwiinga** I INTRODUCTION Foreign direct investment involves ‘an investment involving a long-term relationship and relecting a lasting interest and control by a resident entity in one economy… in an enterprise resident in an economy other than that of the foreign investor. ISBN 9982-01-001-8. “We 5 days ago · Central to Zambia’s economic stability is its mining sector, which accounted for 17. Aug 1, 2021 · Zambia's base metal mining of copper and cobalt has been ongoing since the 1920s. 29 of 2022. O. Twenty-eight per cent of its . 208. May 2, 2018 · What progress has been made on resolving these issues and is the mining sector’s outlook improving? The country’s mining code has significantly improved, particularly in terms of determining disputes. It categorizes mineral rights into prospecting licenses, mining licenses, and gemstone licenses, specifying the duration, renewal, and transferability of these licenses. ___ Trading Permit. A new wave of investment in min- Mar 12, 2021 · The Zambian Mining Magazine (ZMM) is a premier source of news on mining developments in Zambia's most important industry. An underground operation requires leaving walls, ceilings, and pillars intact for shafts and tunnels, limiting or eliminating access to the emeralds in those areas. This is if formalisation is understood as legalisation or the granting of legal title. For years dedicated individuals and organisations have been fighting against the proposed Kangaluwi mine, but Investment in Zambia’s mining sector tripled in 2022 thanks largely to the introduction of various tax incentives in the new Government’s first budget and the apparent commitment to maintaining a stable mining tax policy. NRC/ Passport copy (ies) for all Shareholders / Cooperative registered under Cooperatives Jun 21, 2016 · Zambia has long been regarded as the safest place in sub-Saharan Africa in which to invest and operate. Kagem Mining Ltd. Less emphasis was placed on the largely untapped non-tax benefits. Box 32664, Lusaka, Zambia ISBN 9982-01-001-8 Jul 4, 2019 · A brief overview of the primary environmental regulations applicable to mining activities in Zambia, including environmental review, permitting and remediation. 33 KB 1 file (s) APPLICATION FOR ABANDONMENT CERTIFICATE. in 2019, zambia ranked seventh in the world in the output of mined copper and it accounted for an estimated 4% of the world’s production. M. Box 20744, Kitwe. [1] Mineral resources are distributed throughout the country. Figure 1: Zambia’s scores, Fraser Institute’s Survey of Mining Companies, 2007–12. These state-of-the-art refineries are slated to be strategically Zambia has a history of gold mining on a relatively small scale, with the twenty larger deposits having produced slightly more than 2t of gold since modern mining began in 1902. 73 KB 1 file (s) Amendment form. O. Jan 8, 2023 · In 2008, amid the boom, Zambia introduced a windfall tax on mining profits in an attempt to capture more benefits from the sector. Feb 16, 2024 · The move is part of an addendum to an October 2023 agreement granting First Quantum a two-year earn in period over two of four licences held by African Pioneer’s Zambian subsidiary in the 5 days ago · German investment firm Deutsche Balaton (DB) announced on Tuesday it has slightly upped its equity stake in Skeena Resources (TSX: SKE) by acquiring 10,500 shares at an average price of C$7. Dec 2, 2023 · Illegal artisanal mining is common in Chingola, where the open pits are surrounded by huge waste dumps made up of rock and earth that has been dug out of the mines. Call Number 347. Estimates of the number of landholdings in the country vary from 12 million to 30 million individual parcels. History. The shares acquired represent 0. Environmental commitment plan. Sentinel Copper Mine in North-Western, was the largest mine in Zambia, producing approximately 59. Nov 13, 2023 · Zambia Chamber of Mines calls on ZESCO to help protect Mine Assets during load shedding. 0). This $250m project will create 700 jobs and impact the lives of tens of thousands of local people. 9 Previously held mining rights in Zambia, if any, by applicant Mining Right/Licence 11 Currently held mining rights or licences in other countries by Dec 14, 2022 · The company’s quest for battery metals began two years ago in Canada, after it acquired rights to an area of about 1,000 square km (386 sq. And Zambia took on $1. 4) N337. 8 Million (us$65. 7 thousand tonnes) in 2021. Jul 19, 2021 · In 1980, a new government-controlled agency, the Reserved Minerals Corporation, took over the major deposits and prospecting rights of the surrounding region. In compliance with Section 72 of the Mines and Minerals Development Act No. 11 of 2015 of the Laws of Zambia (MMDA) as read together with the Mines and Minerals Development (Amendment) Act, No. NRC/ Passport copy (ies) for all Shareholders / Cooperative registered under Cooperatives REPUBLIC OF ZAMBIA The Mines and Minerals Development Act, 2015 (Act No. 5bn in 2021. Whilst seemingly good news for the industry, Zambia’s tax regime means that mining stakeholders today face significantly higher royalty bills as a reflection of the heightened prices for copper. . kd ps jo ry bs hd hq bz hy ac