By Ken Seecharran

LOCATION & DESCRIPTION

• Located in the Southern Africa Sub-region,
Zambia is a landlocked country covering an area
of 752 614 km2. It is bordered by Malawi (in the
East), Mozambique in the South-East, Zimbabwe
in the South, Botswana and Namibia in the
South-West, Angola in the West and the
Democratic Republic of Congo in the North-West.
• The country has an estimated population of
about 12.2 million and its annual population
growth rate is estimated at 3.1 percent. It is
estimated that 46% of the population,
representing an active and productive workforce,
is between 15 and 65 years of age.
 LEGISLATION
1. The government has realised that only through small scale mining
enterprise can the population reap the benefits from mining.
2. Legislation is in place to facilitate this:
• This category is that of investors who invest not less than $500 000 in
the Multi Facility Economic Zones (MFEZ) and/or in a sector or a
product provided for as a priority sector or product under the Zambian
Development Agency (ZDA) Act, is entitled to the following incentives:
 Zero percent tax rate on dividends for 5 years from the year of
first declaration of dividends
 Zero percent tax on profits for 5 years from the first year profits
are made. For years 6 to 8, only 50% of profits are taxable. For
years 9 and 10, only 75% of profits are taxable
 Zero percent import duty rate on raw materials, capital goods,
machinery including trucks and specialised motor vehicles for 5
years
 Deferment of VAT on machinery and equipment, including trucks
and specialised motor vehicles
 LEGISLATION (contd)
• In addition to the tax incentives and services that the ZDA
provides to investors, there are other benefits that
investors enjoy when they invest in Zambia. Investors who
invest in Zambia can enjoy the following guarantees:
Free repatriation of profits and dividends
government,
Business cannot be compulsorily be acquired by
except by an act of parliament, in
extreme circumstances
Protection against non-commercial risks, as Zambia is
a signatory of the Multilateral Investment Guarantee
Agency (MIGA ) and Africa trade Insurance Agency
Impartial forum for resolution of disputes
USE IT
 MINING
• Za ia has a a u da e of k o i eral deposits. The ou tr is the orld’s
fifth largest produ er of opper a d holds si per e t of the orld’s k o reser es.
Copper a d Co alt, as the ou tr ’s traditio al e ports, a ou t for ell o er 70%
of export earnings. Opportunities for the exploitation of other minerals have been
identified. These include gold and gemstones (eg emeralds, aquamarine, topaz,
agate and amethysts). Diamond reserves have also been identified. Zambia
produ es o er 20% of the orld’s e eralds.
• My technical advisor and I have identified mining prospects as follows:
 Copper in Kasempa in North-western Province
 Copper in Milenge in Luapula Province
 Emeralds in Lufwanyama in Copperbelt Province
 Copper in Mumbwa in Central Province, and
 Gold in Chongwe in Lusaka Province

Our experience spans over 40 years and is built on a foundation of studies,

observation and practice
This experience spans five continents
ZAMBIA IS THE BEST OPTION
MINERALS MINED
GEOLOGICAL MAP OF ZAMBIA
 PROSPECTING
By just collecting dried leaves from the ground, and analysing them for
metals, we can get an idea of the metals present in the ground.
Trees have the ability to concentrate metals in the leaves. They extract
those metals from the ground using their roots.
 PROSPECTING
More technically, we can use aerial imaging. Those airborne surveys (called
geophysical surveys) also detect metal values in the vegetation. There are
specialists who can interpret such information and detect rich areas, or
hot spots .
 METAL PRICING

We always advise our clients to be conservative in the metal price used

(shown in blue)
This comes in useful when you intend to fragment the company into sections such as:
• Procurement
• Security
• Maintenance
• Camp facilities
MINING PROCESS
THE COMPETITION IS ALREADY HERE
 GOODWILL MUST PREVAIL......
......AS INVESTORS, WE ARE THE HOSTS
START OF MINING
MOST BASIC
SIMPLE MECHANISATION
CAPITAL VENTURES WELCOMED
INEVITABLE RISKS
 CORPORATE SOCIAL RESPONSIBILITY
ASSISTING THE HOST COMMUNITY
Such as allowing them to scavenge on our waste
THE REWARDS
THE REWARDS
THE REWARDS
......By products
 THE REWARDS
......The customer
THE MOTIVATION
Quality lifestyle
 THE MOTIVATION
Teaching life’s skills
THE MOTIVATION
Enriching lives
 THE FUTURE
Once the business grows, investment can be made in mechanisation.
Second-hand mining equipment can be bought cheaply from South Africa
and be installed. Our youths can be used as the labour pool for the bigger
mines in the country
 THE FUTURE
The recent voting pattern from the 11th August polls shows a polarised, and
divided Zambia. Small-scale mining has the propensity to unite the country
as mines are opened up in all provinces
Thank You

Any Questions?