3 Million Metric Tonnes of Copper Production Target Per Annum by 2031 Possible

A Governance Expert expects the country to achieve the 3 million metric tonnes of copper production target per annum by 2031 now that key strategic mining assets such as Konkola Copper Mine (KCM) and Mopani Mines have started operating at full capacity.

Wesley Miyanda tells Money FM News that the mining sector has continued to be the cornerstone of the country’s economy as it creates jobs, while the government gets the much-needed revenue in form of taxes.

And Mr. Miyanda notes that the recently held Zambia Mining and Investment Insaka in Lusaka will shape the future of the country’s mining industry.

He has emphasized that Zambia continues to rely on the mining sector for its logical economic growth, therefore the need to support initiatives such as the Mining and Investment Insaka.

Ministry of Mines and Minerals Development hosted the first ever Zambia Mining and Investment Insaka from 7th to 11th October 2024 in Lusaka, under the theme; “Mining Beyond Copper – Celebrating 100 Years of Mining in Zambia.”