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Can Zambia transform artisanal gold into Africa’s next mining success?

Gold bars. Photo by Jingming Pan @ Unsplash
Gold bars. Photo by Jingming Pan @ Unsplash
  • Zambia formalises artisanal mining through strategic gold joint venture
  • Kikonge project targets refining, diversification and investor confidence

 

LUSAKA, ZAMBIA – ZCCM Investments Holdings Plc has taken a controlling 51% stake in Kyalo Goldfields Limited, deepening Zambia’s push to formalise artisanal mining and build a more diversified mineral economy beyond copper.

The joint venture with Mining Mineral Resources SAS will drive the Kikonge gold project in Zambia’s North Western Province, combining mechanised mining, artisanal integration and local refining in what analysts describe as a strategic shift in the country’s mineral policy.

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