The Zambia Chamber of Mines has called on government to slightly adjust the mining tax regime to return the industry to the growth position.
Speaking in an interview with Money FM News Chamber Chief Executive Officer Sokwani Chilembo said Copper production figures for the first quarter of the year show a reduction from 200,000 tonnes to 199 000 tonnes.
Mr Chilembo said as at the end of last year copper production levels have reduced to 10 percent.
Mr Chilembo has attributed the reduction in copper production to the lack of import of concentrate from the Democratic Republic of Congo and the descendent’s of capital expenditure by mining companies all as a result of the tax regime.