Kansan­shi ex­ports gold

Daily Nation Newspaper - - HOME NEWS - - Min­ing

KANSAN­SHI Mine in Sol­wezi Dis­trict yes­ter­day ex­ported 230 kilo­grams of gold worth 8.3 mil­lion dol­lars to South Africa. This is part of the once a month ex­ports that the mine has been con­duct­ing for some time. And Min­istry of Mines Di­rec­tor Mine Safety Gideon Ndalama who was part of the del­e­ga­tion that took part in the pre-ex­port in­spec­tion says gov­ern­ment has been par­tic­i­pat­ing in the gold ex­ports in a bid to pro­mote trans­parency. He says a gov­ern­ment con­sti­tuted team with rep­re­sen­ta­tion from the Min­istry of Mines, Zam­bia Rev­enue Author­ity -ZRA- and other gov­ern­ment agen­cies con­duct pre-ex­port in­spec­tions at the mine ev­ery month be­fore ex­ports. Mr. Ndalama adds that ZRA al­ways en­sures that ap­pro­pri­ate seals are placed be­fore the gold bars are taken out of the mine. He says gov­ern­ment’s par­tic­i­pa­tion in the ex­port process is im­por­tant for com­pu­ta­tion of min­eral roy­alty which is a car­di­nal rev­enue stream for the coun­try. The gold was es­corted to Sol­wezi air­port amid tight armed se­cu­rity by Zam­bia Po­lice and other pri­vate se­cu­rity agen­cies con­tracted by the mine.

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