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Wednesday, December 4, 2024
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Zambia’s Mining Sector Attracts $12 Billion in Investments

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Zambia’s mining sector has achieved a remarkable $12 billion in investments, showcasing the government’s dedication to enhancing the industry, according to Minister of Mines and Minerals Development Hon. Paul Kabuswe in a recent press briefing.

Despite this significant investment, officials express concern over copper production, which has plateaued at 750,000 metric tons. The government aims to boost this figure to 3 million metric tons within the established timeline. The mining sector continues to play a crucial role in the country’s economic transformation.

Consequently, Zambia is hosting its inaugural Mining and Investment Insaka today, themed “Mining Beyond Copper: Celebrating 100 Years of Mining” which will be officially opened by President Hakainde Hichilema.

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