Zambia’s Minister of Mines and Minerals Development, Hon. Paul Kabuswe, MP, recently announced that the country’s mining sector has successfully attracted $12 billion in investments.
Despite this impressive capital influx, the minister expressed concerns over stagnant copper production, which has remained at 750,000 metric tons.
Minister Kabuswe reaffirmed the government’s commitment to significantly boost production, aiming for a target of three million metric tons within a specified timeframe.
“The mining sector remains the key driver of our country’s economic transformation,” Kabuswe stated, emphasizing the sector’s crucial role in promoting national growth and development.
To further enhance the industry, Zambia is hosting its inaugural Mining and Investment Indaba, themed “Mining Beyond Copper: Celebrating 100 Years of Mining.” This event will showcase various opportunities within the mining sector beyond copper and encourage collaboration among stakeholders.
