Login
Mining

ZAMBIA’S MINING SECTOR HAS POTENTIAL TO GROW – BARRICK

BARRCK Gold, who are the owners of Barrick Lumwana Mine in North Western, says Zambia’s mining sector still has potential for growth, stating that dialogue between government and mining companies remains important in growing the industry.

Speaking in an interview with the Zambia Daily Mail, Barrick Gold President Mark Bristow says the mining company stands ready to support the country to restructure the industry which has in recent years been overtaken by the Democratic Republic of Congo (DRC) in terms of copper production.

“Zambia as a mining destination needs reinvention, [to be] re-energised and we have been engaging government on these issues every time we have an opportunity,” he says.

He says declining  ore bodies smelting capacity and the need for the country to take stock of its assets should be top on the agenda.

Bristow says addressing challenges affecting the industry could help the country to regain its position as Africa’s largest copper producer.

H says addressing challenges could help in attracting more investments.

He further says despite Barrick Lumwana being a low  grade mine, the mining giant has managed to bring the organisation to profitable levels, thus solidying its commitment to Zambia.


This article was tagged in

Barrick Lumwana North Western Province