A Mining Expert has advised the government to consider acquiring a loan and invest in machinery with a view to venture into gold mining in Mwinilunga district North Western province.
Speaking in an interview with Money FM, Mr. Edward Simukonda notes that once the loan is acquired, the Zambia Consolidated Copper Mines Investment Holdings must be given full rights to operate the mine on behalf of the government.
He adds that the Ministry of Mines and Mineral development should not rely on a foreign investor to have operate the gold mine saying such a move will deprive Zambia of the much needed revenue for national development.
Yesterday, President Edgar Lungu confirmed the discovery of gold deposits in Mwinilunga district and called for the securing of the area in order to prevent a gold rush.
And President Lungu says there is need to secure the area and ensure that all operations are done within the confines of the law to avoid chaos and people with licenses who are able to do the job carry out the works.
The Head of State further reveals that there was one Small Scale Mining License holder who was prospective of the mine but did not have the capacity to commence operations.
Meanwhile the Zambia Police Service has warned local residents of Mwinilunga district in North-Western province to desist from engaging themselves in illegal mining activities.
Provincial Commissioner of Police, Hudson Namachila explains that this is because people in the area must not risk their lives doing illegal mining activities using crude implements on titled land.
Government advised to invest in Gold Mining discovered in Mwinilunga district
