MONITORING PROJECT TO REMOVE NEGATIVE MINING PERCEPTIONS

THE recently launched Mineral Value Chain Monitoring Project will assist in removing persistent negative perceptions about the operations of the industry in Zambia, the Zambia Chamber of Mines (ZCM) has observed.

ZCM president Nathan Chishimba said in an interview that the objective of the mining industry was to ensure that its operations were devoid of negative perceptions.

Mr Chishimba said freeing the mining industry from negative perception was the only way the industry would be able to take advantage of Zambia’s mineral endowment in an internationally competitive and efficient manner.

“We believe that an accurate understanding of mining and all processes related to it will guarantee smooth policy formulation and implementation for the sector. We also believe that it will assist in removing any persistent negative perceptions about the operations of the industry in Zambia,” Mr Chishimba said.

Mr Chishimba said a critical aspect of Mineral Value Chain Monitoring Project was that it would also streamline reporting arrangements for mineral production and thus doing away with the need for mines to file multiple reports to various agencies.

“We are going to do away with the need for us to file multiple reports to various agencies that may have different end uses for mineral production figures, all of which may lead to misunderstandings and misinterpretation.

“We believe that an accurate understanding of mining and all processes related to it will quicken policy formulation and implementation for the sector. It will assist in removing any persistent negative perceptions about the operations of the industry in Zambia,” he said.

Mr Chishimba stated that ZCM was fully in support of the Mineral Value Chain Monitoring Project and looked forward to working closely with the Zambia Revenue Authority and all other agencies that had been tasked to work on what he termed as an important national project.

“We will therefore fully support the Government in this noble endeavour, and we look forward to working very closely with the Zambia Revenue Authority and all other agencies that have been tasked to work on this important national project.

“The Chamber considers transparency as an important tenet of mining and has thus been fully supportive of all Government initiatives to promote transparency in the mining sector,” he said.

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