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Kagem commends government on support for gemstone sector

Minister of Mines and Mineral Development Hon. Richard Musukwa says the government is working on introducing a steady and predictable fiscal system in the mining sector to facilitate trade and sustainable growth in the industry. “As a country, we would like to operate a fiscal regime that is simple, predictable …

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Gemfields Group demonstrate ethos of transparency and legitimacy

The move by Gemfields Group Limited to list its shares on the AIM market of the London Stock Exchange demonstrates the company’s ethos of transparency, legitimacy and integrity. Gemfields owns the Kagem emerald mine in Lufwanyama in partnership with the Zambian government. The listing enables a wider reach of international …

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Minister labels mining company “criminal”

The clash between the Zambian government and Vedanta has reached new levels with the mining minister labelling it a “criminal” company. Vedanta which is owned by Indian mining magnate Anil Agarwal has been accused by Minister Richard Musukwa of being involved in criminal activities, including underpaying taxes and breaking investments …

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How less tax can lead to more

Zambia is fortunate to be blessed by nature in several ways and has rich mineral and gemstone reserves, which, if harnessed and developed properly, can go a long way in enhancing the economic wealth of the country. The government of Zambia is committed to making strides towards paving the way …

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Governments invest more in Mining Indaba

Organisers of the Mining Indaba have revealed that governments are leading the way in investing at the mining jamboree. Forty countries were represented at this year’s Investing in African Mining Indaba to promote the continent’s mining sectors to a global audience of investors, suppliers and other key stakeholders. According to …

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