KAGEM WANTS 53 HECTARES OF LAND BACK

By Clinton Masumba –

Kagem Mining Limited has pleaded with government to help the company reclaim 53 hectares of its emerald restricted licensed area that was given to another Investor by the Ministry of Mines and Minerals Development.

Kagem Mine Board Chairperson SIXTUS MULENGA made the appeal when the ZCCM-IH Board members toured the mine site in Lufwanyama District on the Copperbelt.

Dr. MULENGA said an investor from a local Chief, BISMA INVESTMENT was given a mining license on Kagem’s Ndola rural emerald restricted license area in 2016.

He said the encroachment threatens the life of the mine adding that several letters have been written to the Ministry of Mines for intervention but nothing has come-forth.

Dr. MULENGA added that Kagem Mine has so far paid over 130 million US dollars in various taxes to the government.

Meanwhile, Kagem Mining Limited Head of Finance IRVINE MWITWA said the life of the mine depends on investment in equipment adding that 12 million dollars will have to be spent on equipment to increase production.

And, ZCCM-IH Board Chairperson, DOLIKA BANDA has called for continued engagements in the Mining Industry.

Ms. BANDA said the mining industry has potential to change the Country’s fortunes with continued collaborations among stakeholders.

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