Technical & Environmental Consultancy Services, Misenge Environmental & Technical Services Ltd, ZCCM IH showcases state of the art gold testing laboratory, Invitation for Bids (IFB) Construction of Low-Cost Houses, Houses, Rural Health Centre and Drilling of a Borehole in Kasenseli in Mwinilunga District, ZCCM IH reduces appetite for banking and milling, ZCCM-IH to appeal court decision asking it to enter arbitration with Vedanta, UPDATE 1-Zambia to appeal court ruling backing Vedanta in KCM mine dispute, Kansanshi Holdings Limited Commences Confidential Arbitration Proceedings Against ZCCM Investments Holdings Plc, Zambia Extractive Industries Transparency Initiative, Visual Capitalist: Copper – The Essential Metal (Prt I), Visual Capitalist: Copper – The Essential Metal (Prt 2), Visual Capitalist: The Looming Copper Supply Crunch, Misenge Environmental Technical Services Ltd. “EAZ stands ready to help out shape a citizen financed gold mining industry.”. 13thMay 2020, Lusaka, Zambia – Phase one of the Consolidated Gold Company Limited (CGCZ) gold processing project in Rufunsa has commenced. The Chairman of IDC President Edgar Lungu flies in a $130m jet and yet he cannot find $10m to invest in a Gold mine which will benefit Zambians, it’s a shame. We cannot also support outsourcing gold processing in a joint venture with a foreign company. i guess this is too obvious even for a F.ool like him to defend. I was invited by the African Union to… Liked by Bupe Mulenga. The briefing was addressed by ZCCM-IH Chief Executive Officer, Mr. Mabvuto Chipata and Karma Mining Services and Rural Development/Consolidated Gold Company Chief Executive Officer, Mr. Faisal Keer. Previous Article ZCCM IH showcases state of the art gold testing laboratory Next Article ZCCM-IH aids gold diggers Consolidated Gold Company of Zambia Limited is a Joint Venture partnership between ZCCM-IH (45%) and Karma Mining Services and Rural Development (55%) with a purpose of developing a gold processing and trading operation in Zambia. And speaking earlier Mr. Faisal Keer noted that the lab was critical in the process as it is meant to determine the gold content accurately in the ore that will be received from the various miners, for them to get a fair share and value for their material. By 1900 it had already started to diversify outside South Africa. Heriot-Watt University. It’s scarcely conceivable that at a time when Gold is the only certain commidity in the world that can shore up our currency, ZCCM-IH is facilitator theft from our economic system. The project is being undertaken by Consolidated Gold Co. Ltd. (CGCZ), a gold processing and trading joint venture between Karma Mining Services and Rural Development and ZCCM-IH. – Surely anyone can see that this gold dealings are PF scams ….its so blindingly obvious. AMI - May 13, 2020. However, due to the severe foreign exchange liquidity challenges that the country faced during the 1990s, the gold reserve portfolio was liquidated in 1995. Phase one of the Consolidated Gold Company Limited (CGCZ) gold processing project in Rufunsa has commenced. IN RUFUNSA . Habazooka, I disagree with you on many fronts because of your job hunting skills within PF but on this one I am your pure supporter, you have my 100% support because the direction being taken by ZCCM IH does not make any iota of sense. This is what we expect from a so called PhD holder rather than just singing for your meal ticket…. Incompetent. Even when you see them go to the toilet, be alert….kikikikiki, EAZ 100% WELL SAID WE SHALL FIGHT TOGETHER. We need to put ZCCM-IH under a microscope. Zambia Gold Company is a Zambian newly established company that will oversee the mining, processing, refining and marketing of gold in Zambia. The company is owned by ZCCM- IH (51%) and the Zambian Government (49%)through the Ministry of Finance. Crooks. This is why we are in this mess in the first place , they are already morgeging the gold . Data Entry Clerk Flame Zambia. PRIVATISATION is a total fail. And ZCCM-IH is a traitor organisation servicing foreigners and rich private individuals. 281. Consolidated Gold Company of Zambia Launches Gold Laboratory Earlier today ZCCM-IH held a press briefing and media tour of the gold testing and processing laboratory. PRESS RELEASE: Consolidated Gold Company Signs Joint Venture With Array Metals To Process Gold In Mumbwa. COMMENCES . After 1945 it acquired mines in the United States and Australia. The Bank of Zambia (BoZ) has commenced the accumulation of gold as part of its reserves assets. This is why they removed Pius C. Kasolo he would never approved this nonsense even the billions he was fighting for from FQM the cases have disappeared because State house interfered ….Now Lungu has appointed this stooge Mabvuto Chipata as new ZCCM-IH CEO. PRESS STATEMENT FOR IMMEDIATE RELEASE 20th May 2020, Lusaka, Zambia – ZCCM Investments Holdings (ZCCM-IH) has entered into a joint venture partnership through its subsidiary Consolidated Gold Company Zambia (CGCZ), with Array Metals, a global mining firm to process gold … ZCCM was owned by Zambia Industrial and Mining Corporation (60.3%), an Anglo-American subsidiary ZCI Holdings (27.2%), RST International (7.0%) and the public (5.5%). University of South Africa. ZCCM-IH has set up a new company called Consolidated Gold Company Zambia (CGCZ) in which it is a minority shareholder for purposes of buying and processing Gold from artisal miners. Mar 2016 – Jun 2016 4 months. Economy. that feeds you…. Consolidated Gold Company Zambia. The Phase involves ten (10) gold milling plants with a processing capacity of 30 tonnes of ore per day, and a targeted average of 7.5 kilograms gold production per month. That is PF for you, you didnt know that there are individual or personal motives in whatever they do? ZCCM Investments Holdings PLC is a successor company to Zambia Consolidated Copper Mines Limited (ZCCM Ltd), of Zambia listed on the Lusaka Stock Exchange. ZCCM-IH. On this one lubinda is wright let us first listern to tecnocrats and economical advisers. De plus, ZCCM-IH a monté il y a peu une autre joint-venture, Consolidated Gold Company Zambia, afin de traiter de l'or puis le vendre, avec une entreprise venue d'un pays expert du métal jaune, le Soudan (Africa Intelligence du 04/06/20). That partnership has been actualised through a special purpose vehicle called the Consolidated Gold Company Zambia Limited (CGCZ). PHASE one of the Consolidated Gold Company Limited (CGCZ) gold processing project in Rufunsa District has commenced, which will see the establishment of 10 milling plants to produce an average of 7.5Kg of gold per month. ZCCM-IH subsidiary Consolidated Gold Company Zambia (CGCZ) will hold 65% of the project processing gold in Mumbwa, west of Lusaka, with Array Metals Zambia holding 35%. Do we have serious Investors in Zambia in form of ZCCM-IH? Karma mining services and Rural Development the shareholders in Consolidated Gold Company Zambia is owned by SUDANESE, surely do we need these Sudanese? The company is owned by ZCCM- IH (51%) and the Zambian Government (49%) through the Ministry of Finance. Until the 1970s, it was predominantly a mining finance house receiving income from passive investments. Very good, Lubinda. He announced that ZCCM-IH is offering a competitive price, starting from K550 per gram, and depending on the purity using thorough technical assaying methods, the price may be higher as compared to prices found on the ground. This issue must be looked at in different angle not just jumping on top of castle roof that we need Zambians to invest which i know a tree PF cadres with small acquired pot bellies. An initial investment of approximately $2.5 million will be invested in this first stage of the project and will go […] Central Bank Governor Christopher Mvunga... Government has embarked on a robust countrywide exercise aimed at revamping resettlement schemes under the Resettlement Infrastructure Investment and Enterprise Support (ARIISE) programme in... Lusaka based Economist Trevor Hambayi says delays by government to reconstruct the gutted City market in Lusaka is an affront to the growth of... 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Speaking at the event, Mr. Chipata informed the media that ZCCM-IH has embarked on an ambitious investment programme to harness the gold potential in the country as mandated by Government, and that so far the company has started buying gold from artisanal and small-scale gold miners as one of the steps towards the formalisation of gold mining and trading activities. Consolidated Gold Fields of South Africa was founded in 1887 and incorporated in London to fund the newly discovered gold reefs in the Transvaal. Zambia: CONSOLIDATED GOLD COMPANY GOLD PROCESSING OPERATIONS COMMENCES IN RUFUNSA. It's finally here!! Zambian politicians are extremely scared of economically empowered indigenous Zambians. CGCZ has been granted a Mining Processing Licence in Rufunsa District where the company has approached two (2) Licence holders namely Chembe Gold Mine Limited and Sabi Gold Mine Limited. Unpatriotic and anti-zambian. 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