Zambia possesses one of the world’s highest-grade deposits of copper and is ranked the seventh largest copper producer in the world. In addition, Zambia is home to small, exploitable deposits of cobalt, nickel, and manganese. Copper contributes over 70 percent of the country’s foreign export earnings. Zambia produces about 20 percent of the world’s emeralds. The mining sector is governed and regulated by the Mines and Minerals Development Act No. 11 of 2015, which covers types of mining rights, acquisition of mining rights, rights/obligations conferred on the mining right holder, transferability of mining rights, safety, health, and environment requirements, and provides for the environmental protection fund, mineral royalties, fees and charges, and export of minerals.
Sub-Sector Best Prospects
There are prospects in uranium, gold, coal mining, and diamond and gas exploration, and in sales of mining supplies and equipment.
Opportunities exist in exploration, mine services, water management, engineering, construction, and environmental services.
Key government and regulatory agencies:
Ministry of Mines and Mineral Development
15th Floor, New Government Complex, Nasser Road
P.O. Box 31969
Tel: +260 211 235 306 | +260 211 237 307
Zambia Development Agency
Privatisation House, Nasser Road
P.O. Box 30819
Tel: +260 211 220 177 | +260 211 225 270
Zambia Chamber of Mines
Mpile Office Park
74 Independence Avenue
P.O. Box 51393 RW
Tel: +260 211 258 383 | +260 211 258 384
Fax: +260 211 258 383 | +260 211 258 384