The mission of the Chamber is "advancing the interests of its members, local communities, the country and its stakeholders whilst promoting sustainable and responsible mining". University of Birmingham. CEO at Zambia Chamber of Mines Zambia Investment Management. bdo@zacci.co.zm secretariat@zacci.co.zm www.zambiachamber.org The mining industry remains the main driver of economic activity in the country and is forecasted to sustain the economy further into the future. Zambia Chamber of Mines, Lusaka, Zambia. Goodwell Mateyo Chamber of Mines President . Class A, Class B, Class C and Associate. The Zambia Chamber of Mines (ZCM) was originally formed in September 1942 and was known as the Northern Rhodesia Chamber of Mines of Zambia until it was replaced by the Copper Insutry Services Buereau (CISB) in 1965. THE Zambia Chamber of Mines says the countryâs mining companies have suffered an alarming drop in revenue over the three months from February ⦠All the mines are backed by a wide range of respected international investors. Zambia Chamber of Mines, Lusaka, Zambia. 13K likes. Fellow of the Institute of Materials, Minerals and Mining P.O. The Zambia Chamber of Mines (ZCM) is registered as an association for mining and allied companies both large and small. Chamber of mines in Africaâs second largest copper producer has opposed the states proposed mining tax regime. Zambia Chamber of Mines. so far, ZEITI has published eight reports showing what mining companies pay to government as taxes, and wh⦠Goodwell Mateyo Chamber of Mines President . You need JavaScript enabled to view it. var addy_text2806a48c3de717d60bf6a4c6e83067d9 = 'info' + '@' + 'mines' + '.' + 'org' + '.' + 'zm';document.getElementById('cloak2806a48c3de717d60bf6a4c6e83067d9').innerHTML += ''+addy_text2806a48c3de717d60bf6a4c6e83067d9+'<\/a>'; Zambia Mining. You need JavaScript enabled to view it. Chasm between copper, cobalt and nickel exploration success and future demand, No âgreen lightâ for mining investment in the 2021 Budget-ZCM, Budget 2021: Low hanging fruit for a mining-led economic recovery, Pandemic puts strain on Zambian mining sector, BLSAâs Mavuso laments lack of investment in South Africa, BARRICK LUMWANA OFFERS COVID-19 EQUIPMENT SUPPORT, Mining Industry Association of Southern Africa (MIASA). Zambia should treat mineral royalty payments as a deductible expense in order to avoid double taxation and attract investment, the Zambia Chamber of Mines said on Monday. 500+ connections. Subscribe to receive updates directly in your mailbox! Zambia Chamber of Mines, Lusaka, Zambia. Copper exports make out over 70% of total exports from Zambia and mining remains the singlemost important industry to Zambia today. View Sokwani W. Chilembo⦠MINING COMPANIES ACCOUNTED FOR MORE THAN A QUARTER OF GOVERNMENT’S INCOME – ZAMBIA EITI REPORT. bdo@zacci.co.zm secretariat@zacci.co.zm www.zambiachamber.org The adjudication of these awards is conducted by a panel of experts and distinguished persons with many years of experience in the mining and allied industry. Zambia Chamber of Mines. The Zambia Chamber of Mines has urged the government to address the issues faced by mining companies amid the Covid-19 pandemic by engaging with the sector. Telephone: +260 211 258383/4 The Chamber's operations are coordinated by a secretariat based in Zambia's capital city, Lusaka. You need JavaScript enabled to view it. The Zambia Chamber of Mines is registered as an association for mining and allied companies. The Chamber of Mines said it met officials at the ministry of finance last week to ... Zambia's chamber of mines sees 21,000 job cuts due to higher taxes⦠Mining companies including Mopani Copper ines (MCM), Konkola Copper mines (KCM), Barrick Lumwana Mines and First Quantum Minerals (FQM) spend substantial amounts on social investments. addye97ead0615936bbbb2e6a461d62876b9 = addye97ead0615936bbbb2e6a461d62876b9 + 'mines' + '.' + 'org' + '.' + 'zm'; In proposals submitted to the finance minister, the chamber said raising the tax burden on mining firms would damage the industry and give away business to the countryâs neighbours. ZAMBIA ought to cap mining royalties at 7.5% in 2020 in order to protect the countryâs mining sector, said Reuters citing the Chamber of Mines.. Membership to the Chamber is voluntary and is classified into four categories i.e. Proposed tax changes will make it difficult to invest in Zambia. Omars Lunga-May 6, 2020 0 [email protected] Most Read. Zambiaâs copper sector, which dominates the countryâs export economy, saw production drop in ⦠The Zambia Chamber of Mines has asked the government to extend relief to the extractive sector as a means of incentivising and stimulating production. Zambia should keep mineral royalties capped at 7.5% in the 2020 budget to safeguard the health of the mining sector and promote additional investment, the Chamber of Mines said on Tuesday. Implement relief measures, mines plead. The Chamber of Mines noted that a good proportion of the Eurobond holders also hold shares in mining and prospecting in Zambia. Mpile Office park 13K likes. / This email address is being protected from spambots. Zambia Chamber of Mines so far, ZEITI has published eight reports showing what mining companies pay to government as taxes, and what government receive as revenue. The Zambia Chamber of Mines (ZCM) is an association for mining and allied companies with a Mission of advancing the interests of its members, local communities, the country and all stakeholders whilst promoting sustainable and responsible mining. However, with the nationalisation of the mining industry the necessity for the Chamber of Mines ⦠ZAMBIAâS copper production is likely to remain below one million metric tonnes for at least another three years given the persistent challenges mining companies still face, says the Zambia Chamber of Mines. The social investments do not form part of the commercial activities undertaken by mining companies but are instead aimed at making positive contribution to the communities surrounding the mine. LUSAKA (Reuters) â Zambia should treat mineral royalty payments as a deductible expense in order to avoid double taxation and attract investment, the Zambia Chamber of Mines said on Monday. It operated until 1965 when the Copper Industry Service Bureau (CISB) replaced it. The Zambia Chamber of Mines has appointed Goodwell Mateyo as its new president. With barely a week and half to go before Zambiaâs Finance Minister presents the 2020 National Budget to parliament, Zambia Chamber of Mines has gone on the offensive and issued a strong signal against adoption of the General Sales Tax (GST). Lusaka Zambia CEO Yendelela Trading Ltd Sep 2015 - Jul 2016 11 months. MEDIA STATEMENT 28TH September, 2020 Issued by Chamber of Mines For immediate release No⦠News. The Zambia Chamber of Mines has urged the government to address the issues faced by mining companies amid the Covid-19 pandemic by engaging with the sector. ZAMBIA ought to cap mining royalties at 7.5% in 2020 in order to protect the countryâs mining sector, said Reuters citing the Chamber of Mines.. Zambia Chamber of Commerce and Industry P.O Box 30844, Lusaka, Zambia Phone: +260-211-252483 Telefax: +260-211-253020 Mobile:+260971581467. Box 20679 Lilongwe 2 Malawi Tel: +265111921932 / +265111929819 Read More⦠Latest Speeches and Press Releases CEO at Zambia Chamber of Mines Zambia Investment Management. Web: www.mines.org.zm, Non-ferrous cash prices temporarily discovered basis LMEselect trading (due to Covid 19): 12.30-13.15, *Gold and silver spot prices, per troy ounce, established basis LMEselect trading: 18.29-18.30, **Ferrous 3-month prices established basis LMEselect trading: 16.25-16.30. 74 Independence avenue Further, the Gala is an opportune event for key players in the industry to showcase their achievements, create business linkages and share experiences. Commissioner General at the Zambia Revenue Authority, Kingsley Chanda, says the Chamber of mines should put the interest of the country first before issuing reckless statements that injure the economic welfare of Zambians. The Zambia Chamber of Mines is registered as an association for mining and allied companies. 13K likes. ZAMBIA Chamber of Mines president Goodwell Mateyo says local mining firms should take advantage of the COVID-19 pandemic to supply more copper on the international market, while other suppliers are still contending with the situation. The People's Newspaper. The Ministry of Mines and Minerals Development is responsible for the development and management of mineral resources in a sustainable manner for the benefit of the people of Zambia. Access to factual information on Chamber members and Namibiaâs mining sector is a key function of the Chamber of Mines Accountability & Compliance The Constitution, Code of Conduct and Ethics have mechanisms in place to ensure that mining activities are conducted in an ethical, environmentally and socially responsible manner. Grain Wyson Phillip Malunga. var prefix = 'ma' + 'il' + 'to'; ZAMBIAâS copper production is likely to remain below one million metric tonnes for at least another three years given the persistent challenges mining companies still face, says the Zambia Chamber of Mines. Zambia Chamber of Mines has welcomed economic relief measure. Following privatisation of the ine assets in 2000, the Zambia Chamber of mines was re-established. It operated until 1965 when the Copper Industry Service Bureau (CISB) replaced it. SW CHILEMBO. The First National Source of Mining, Energy, Oil and Gas News Copper exports make out over 70% of total exports from Zambia and mining remains the singlemost important industry to Zambia today. University of Birmingham. THE Zambia Chamber of Mines has commended Government for the changes to the 2015 mining tax regime announced by Cabinet on Monday. The Zambia Chamber of Mines is registered as an association for mining and allied companies. View Sokwani W. ⦠In order to show transparency and accountability in the extraction of Zambia's natural resources, the Chamber of mines joined the Zambia Extractive Industries Transparency Initiative, ZEITI in 2008. Zambia should treat mineral royalty payments as a deductible expense in order to avoid double taxation and attract investment, the Zambia Chamber of Mines said on Monday. Zambia Chamber of Mines Mar 2018 - Present 2 years 11 months. SW CHILEMBO. addy2806a48c3de717d60bf6a4c6e83067d9 = addy2806a48c3de717d60bf6a4c6e83067d9 + 'mines' + '.' + 'org' + '.' + 'zm'; The mining industry remains the main driver of economic activity in the country and is forecasted to sustain the economy further into the future. This was contained in a press release issued by the COM on 04 October. Such a change in the tax regime would help spur growth in the mining sector and help bondholders mitigate their income loss during the proposed moratorium on coupon payments, the chamber said. Chamber of Mines Zambia President Goodwell Mateyo. 500+ connections. These include investments in infrastructure, health, education, business development and support for alternative livelihood as well as endeavours to support local government to cope with the invlux of people into mining areas. Lusaka â Zambia should treat mineral royalty payments as a deductible expense to avoid double taxation and attract investment, the Zambia Chamber of Mines said on Monday. 3 Schutzen Street Windhoek Central Namibia ; Mon - Fri: 8:00 - 17:00; +264 61 237925; info@chamberofmines.org.na; Contact us With barely a week and half to go before Zambiaâs Finance Minister presents the 2020 National Budget to parliament, Zambia Chamber of Mines has gone on the offensive and issued a strong signal against adoption of the General Sales Tax (GST). Best Performer in Environmental Management, Best Performer Occupation Health and Safety, Winner-intercompany First Aid Competition. The Zambia Chamber of Mines is registered as an association for mining and allied companies. Zambia Chamber of Commerce and Industry P.O Box 30844, Lusaka, Zambia Phone: +260-211-252483 Telefax: +260-211-253020 Mobile:+260971581467. Cathedral Hill, By BUUMBA CHIMBULUTHE mining industry has been put in a more desperate situation as tax relief measures announced over three⦠Fax: +260 211 258383/4 The Nkana Smelter is the largest primary copper production plant in Zambia. F our big mines dominate Zambiaâs copper production, complemented by several smaller players who also play an important role. var prefix = 'ma' + 'il' + 'to'; LUSAKA (Reuters) â Zambia should treat mineral royalty payments as a deductible expense in order to avoid double taxation and attract investment, the Zambia Chamber of Mines said on Monday. Copper miners in Zambia have halted $2 billion of planned investments because a royalty tax introduced last year makes the projects unviable, according to an industry lobby group. Upon being declared EITI compliant, it implies that Zambia has put in place effective processes for enhancing transparency and accountability in the mining sector. Reuters cited the chamber as saying in a statement that it had submitted a three-phase economic plan to the government to manage the economic impact arising from the coronavirus. The First National Source of Mining, Energy, Oil and Gas News THE Zambia Chamber of Mines has commended Government for the changes to the 2015 mining tax regime announced by Cabinet on Monday. The Botswana Chamber of Mines is an organisation established to serve the interests of the mining and exploration companies together with associated industries. Lusaka â Zambia should treat mineral royalty payments as a deductible expense to avoid double taxation and attract investment, the Zambia Chamber of Mines said on Monday. He succeeds Nathan Chishimba, who is retiring after two consecutive terms. Konkola Copper Mines (KCM) is the largest copper mining company in the country. Zambia Chamber of Mines Mpile Office park Cathedral Hill, 74 Independence avenue P.O.Box 51393 RW, Lusaka, Zambia, CEO Mr. Sokwani ChilemboEmail: This email address is being protected from spambots. Mr. September 21, 2020. Global bank to help drive mining sector growth in Zambia, Conditions of service in most mining companies poor – Govt, Zambia copper miners bank on electric vehicles, STAKEHOLDERS DEMAND REMOVAL OF MINES’ DOUBLE TAXATION. Lusaka â Zambia should treat mineral royalty payments as a deductible expense to avoid double taxation and attract investment, the Zambia Chamber of Mines said on Monday. Chamber of mines in Africaâs second largest copper producer has opposed the states proposed mining tax regime. Zambia Chamber Of Mines | 367 followers on LinkedIn. The Chamber of Mines in Zambia was originally formed in September 1942 as the Northern Rhodesia Chamber of Mines. var addy_texte97ead0615936bbbb2e6a461d62876b9 = 'chilembos' + '@' + 'mines' + '.' + 'org' + '.' + 'zm';document.getElementById('cloake97ead0615936bbbb2e6a461d62876b9').innerHTML += ''+addy_texte97ead0615936bbbb2e6a461d62876b9+'<\/a>'; var addye97ead0615936bbbb2e6a461d62876b9 = 'chilembos' + '@'; The Chamber of Mines of Zimbabwe (COMZ) is a private sector voluntary organization established in 1939 by an Act of Parliament. P.O.Box 51393 RW, Lusaka, Zambia, Email: info(a)mines.org.zm THE Zambia Chamber of Mines says the countryâs mining companies have suffered an alarming drop in revenue over the three months from February-April 2020, illustrating the financial impact of COVID-19. The Zambia Chamber of Mines has appealed to the Government to diffuse tensions and expedite negotiated resolution of the ZESCO-Copperbelt Energy Corporation impasse . ZAMBIA Chamber of Mines president Goodwell Mateyo says local mining firms should take advantage of the COVID-19 pandemic to supply more copper on the international market, while other suppliers are still contending with the situation. Zambia Chamber of Mines President Nathan Chishimba during an interview on Radio Phoenix recently. This was contained in a press release issued by the COM on 04 October. In 2012 Zambia was declared EITI compliant. T he Zambia Chamber of Mines has released a report about the global mining industryâs most serious skills shortage in decades, and its impact on mining countries around the world â including Zambia.. document.getElementById('cloake97ead0615936bbbb2e6a461d62876b9').innerHTML = ''; var path = 'hr' + 'ef' + '='; Zambia should keep mineral royalties capped at 7.5% in the 2020 budget to safeguard the health of the mining sector and promote additional investment, the Chamber of Mines said on Tuesday. var path = 'hr' + 'ef' + '='; The Chamber of Mines has introduced the annual Mining Awards Gala, conceived to provide a forum for reorganising and promoting service and excellence in the ining industry in Zambia. Zambia Chamber of Mines, Lusaka, Zambia. Budget 2021: Low hanging fruit for a mining-led economic recovery ... Zambia Mines Rescue Bus Handover; January 9, 2019 MINING COMPANIES ACCOUNTED FOR MORE THAN A QUARTER OF GOVERNMENTâS INCOME â ZAMBIA EITI REPORT. 13K likes. Telephone: +260 211 258383/4Fax: +260 211 258383/4Website: www.mines.org.zm, Powered by the The Minerals Council South Africa. The Zambia Chamber of Mines has asked the government to extend relief to the extractive sector as a means of incentivising and stimulating production. Petrol Attendants beat up a white man for calling them monkeys... November 24, 2020. In 2012 Zambia was declared EITI compliant. The Zambia Chamber of Mines is registered as an association for mining and allied companies. In order to show transparency and accountability in the extraction of Zambia's natural resources, the Chamber of mines joined the Zambia Extractive Industries Transparency Initiative, ZEITI in 2008. The Chamber is governed by a constitution while the policy making body is the Council drown from member companies. Email: info(a)mines.org.zm Telephone: +260 211 258383/4 Physical address: Zambia Chamber of Mines Mpile Office park Cathedral Hill, 74 Independence avenue P.O.Box 51393 RW, Lusaka, Zambia. Last week, Mines Minister Richard Musukwa announced that copper production had increased to 646,111.25 metric tonnes by September 30, this year, up from 590,321.13 tonnes in the ⦠The Zambia Chamber of Mines has appointed Goodwell Mateyo as its new president. Mining companies have also seen costs increase as they implement COVID-19 prevention measures to ensure the safety of workers and surrounding communities, the Chamber of Mines said. The Chamber of Mines in Zambia was originally formed in September 1942 as the Northern Rhodesia Chamber of Mines. Seasoned industry veteran Nicolas Bowen will serve as VP. The Zambia Chamber of Mines has welcomed the implementation of economic relief measures by the Zambian government originally announced over a month ago, and the securing of approximately 150 million dollars in funding from international partners. Upon being declared EITI compliant, it implies that Zambia has put in place effective processes for enhancing transparency and accountability in the mining sector. Although based in Chingola, 15% of its operationsânamely Nkana Refinery, Nkana Acid Plants and Nkana Smelter (the largest smelter in the nation) -- are located in Kitwe. F our big mines dominate Zambiaâs copper production, complemented by several smaller players who also play an important role. The Chamber of Mines noted that a good proportion of the Eurobond holders also hold shares in mining and prospecting in Zambia. 13K likes. The members include mining companies, suppliers of machinery, spare parts, and chemicals, service providers including banks, insurance companies, consulting engineers, and various mining related professional bodies and individuals. Zambia Chamber of Mines, Lusaka, Zambia. Lusaka , Zambia Turnaround Practitioner SW CHILEMBO Aug 2016 - Mar 2018 1 year 8 months. The Botswana Chamber of Mines is an organisation established to serve the interests of the mining and exploration companies together with associated industries. Commissioner General at the Zambia Revenue Authority, Kingsley Chanda, says the Chamber of mines should put the interest of the country first before issuing reckless statements that injure the economic welfare of Zambians. These are based on the type of mining licence that a particular mine possess, large, small, exploration, service provision etc. document.getElementById('cloak2806a48c3de717d60bf6a4c6e83067d9').innerHTML = ''; var addy2806a48c3de717d60bf6a4c6e83067d9 = 'info' + '@'; In 2013, Zambia was the sixth largest producer of copper with 800,000 tons increasing from 572,793 tons production in 2008. This email address is being protected from spambots. No. Its policy making body is the Council drawn from member companies. However, with the nationalisation of the mining industry the necessity for the Chamber of Mines ⦠Such a change in the tax regime would help spur growth in the mining sector and help bondholders mitigate their income loss during the proposed moratorium on coupon payments, the chamber said. All the mines are backed by a wide range of respected international investors. 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