KCM CEO Steven Din has invited industry peers and development partners to join hands and pool resources to scale up development in the Copperbelt.
Mr Din was speaking during a panel discussion around the theme ‘’Towards Developing the country mining vision – mainstreaming Zambia’s mineral resources for greater economic development’’ at the 7th Annual Zambia International Mining and Energy conference and exhibition (ZIMEC 2017).
Mr Din shared the platform with panelists Simon Njovu, President, Small Scale Miners Association of Zambia; Dr Wilfred Lombe, Independent Consultant; James Blewett, Team Leader, Private Enterprise Programme Zambia (UKAid); and Mayer Ngomesia, from the African Minerals Development Centre.
The session explored the role mining companies can play towards helping diversify Zambia’s economy. Around 70% of Zambia’s export earnings currently depend on copper mining while over 90% of electricity is generated from hydro.
Zambia’s economic sustainability in these challenging times, lies in diversifying from copper and hydro, and attracting the necessary investments to strengthen and stabilise the mining sector and increase electricity capacity through alternative sources of renewable energy.
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