(right) and his Deputy George Zulu (centre) inspect the Lusaka fuel
storage depot with Lusaka Province Minister Obvious Mwaliteta before
commissioning of the plant
MINISTER of Mines, Energy and Water Development Christopher Yaluma has expressed happiness with the development of First Quantum Minerals (FQM)’s Sentinel Mine in Kalumbila area in North Western province.
Mr Yaluma said Government would provide all the needed support to the mining venture so as to attract other investors.
He was speaking yesterday when he and his Local Government and Housing counterpart Emerine Kabanshi toured the Sentinel mine investment.
Mr Yaluma said he was impressed with the massive investment in the development of the Kalumbila mine now standing at 65 per cent completion level.
He said people needed to see how much FQM had put in the Kalumbila mine investment in order to appreciate.
“People can only appreciate what they can see hence the need for them to see what FQM is doing in Kalumbila,” he said.
Mr Yaluma said Government was ready to provide the support in ensuring the realization of the Sentinel mine so that the investor could get profit in return for its investment.
He said the Kalumbila mine project was huge investment which no doubt would contribute in building further the economy of the country.
The minister said the future of mining in Zambia was bright although that copper was a diminishing asset.
He urged investors in the mining sector to consider diversifying in other areas of economic ventures such as agriculture and manufacturing.
And Ms Kabanshi said Kalumbila was poised to act as a catalyst in causing people to migrate into the area.
She said this was the reason Government was in the area to try and work with the investor in planning for smooth and coordinated development of the town.
“We are offering a lot of support to make sure that everything is done according to the law. Our technical team is making sure that everything is done within the law and this is why we came on the ground,” she said.
Former minster of mines Mr Mwale should get credit for this project. These illiterates must not even boast. They have done nothing up to now. Even kk international airport chimbwi no plan must not get the praise. When he assumed office he cancelled the contract which was done by RB. Later he went to advertise the construction of it. He knows that zambians have short memories.
@Team HH 2016 I can only say you are a very bitter man!!
Too many conflicting statements over this mine.ZEMA,KK,THE POST,VILLAGERS,CHIEF MUSELE.MINE OWNERS,MINISTERS all with differing statements.Where are we?
FQM is a crocked comapany, am sure the minister has been nchekelako already. KK came and promised FQM that he will lobbed Sata to help them out. Now Sata has sent Yalumiwa. Yes FQM has put in a lot but are the owners of the land happy with every move? did Yalumiwa go check the resettlement area and the 2 room houses FQM has offered the people affected by the mine? Zambian politics is always letting citizens down.
Good Project and prospects,working on value retention of up to 90% will help to consolidate the economy.
Lets move away from procurement type of industrial set up and have inflows higher than outflows with most of it being sourced and made available to trickle through to other economical sector.
Your know having industrial segments and values with support from line ministries
Finance,commerce,mines and energy and agricultural together with other support ministries being developed as key channels of value retention with proper markets and systems Having an industrial segmentation and key performance indicators of growth
http://www.cmegroup.com/education/market-commentary/ir/
Until we do that and get it correct, we will we be forever be a support economy and always inversely position to other economies in Financials,commerce,energy and mines including agriculture.
A feed in economy as it where one dependentant on value chains of another economy not maximizing comparative advantage or is it minimizing
But imwe ba Lusaka Times give us a picture of the place you are talking about. In this day and age of the cellphone pictures are not difficult to get. But there you go giving us file pictures of unrelated incidents! Be a little bit innovative. Or like they say in the army use your initiative!
its true there are so many pictures on Kalumbila mine. Those guys have invested heavily. one needs see to believe. its a complete package not tutemba of a mine. developed with a township, airstrip, golf course, dams, roads etc. if they can only improve on the tuma houses for people to be resettled I think we have another town in the offing. the town must be called Kalumbila not Musele estates as demanded by the Chief.
Its true a town and its fully developed amenities a town like Yamuna has said not an extension to a town or industries or services across the country then you will have value from the mine and its development.
As the value is unfolding its should have externality now to our sectors and feel the influence
You cannot have a Two Billion plus investments and do not feel the tsunami in the economy then know something is wrong and we know that its time we addressed. Mere casual or non specialized jobs and a few compensation for the local Chiefs is not enough
Its now participation in planning and value creation and addition to the economy starts
Foolish *****s….they are doing all by themselves.
wonderful project , but where has the government been all along? Nevrr showed interest until now!
Some pictures please?
Lusaka people tend to control the devt of kalumbila without considering comments frm those in solwezi. we need the area to be well planned and possibly declare it as a district that will incorporate Lumwana. Why shud people come to th mine without th presence of those on the ground? what advise did they give?