Daily Nation Newspaper

EXPLOIT GOLD HARMONIOUS­LY

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PUBLIC discourse in Zambia has lately been awash with gold and manganese mining, taking both negative and positive aspersions. In the positive light, Government and other interest groups have been expounding the high value and much-needed developmen­t, which can be derived from gold mining and exports. Mines and Minerals Developmen­t Minister, Richard Musukwa, and many other Government officials have emphasised the seriousnes­s with which Government is handling the matter. This includes the policy to have cooperativ­es of small- scale miners formed so that the resource is exploited in a well-structured manner. Government has also been encouragin­g Zambians to form joint ventures with financiall­y-sound firms that can bring in sustainabl­e capital. On part of Government, a step has been taken through ZCCM-IH, which has entered into a joint venture through its subsidiary Consolidat­ed Gold Company Zambia (CGCZ), with Array Metals to process gold ore in Mumbwa. In this partnershi­p, an initial investment of about $2.5 million will be invested in the first stage to go towards setting up of a gold wash plant and other mining machinery to mine and process placer gold raw material. Further, CGCZ will hold a 65 per cent stake while Array Metals Zambia will have 35 per cent in the project, with an initial phase to produce about three tonnes of gold worth $150 million. In this formation, CGCZ is a gold processing and trading joint venture with Karma Mining Services and Rural Developmen­t at 55 per cent and ZCCM-IH 45 at per cent. Now, this is what has raised ire among some stakeholde­rs including political parties; the matter needs to be resolved sooner than later to erase any suspicions. Government and ZCCM-IH must go all out to explain this matter so that all stakeholde­rs can move on. Surprising­ly, gold in Zambia was discovered many years ago, yet the hullabaloo is just erupting now. This was sparked when residents in Mwinilunga swarmed the area near Kasenseli River after it was discovered that the place had rich deposits. In fact, gold deposits are in Mwembeshi area, Mumbwa, Kapiri Mposhi – Kipushi zone, Rufunsa, Mkushi and some areas in Eastern Province. Zambians should fully exploit the precious metal now instead of raising the dust when a foreign firm moves in to start mining. Therefore, Zambians must hold together and seek to exploit the resource instead of throwing mud at each other. Gold price per gram is now fetching $54.84, which translates into $54,836.31 per kilogramme and therefore it is highly lucrative. Gold is indeed useful precious mineral. Among other uses, gold is used in the manufactur­ing of electronic devices because it has excellent conductive properties and resists corrosion, making it a reliable mode of transmitti­ng tiny electrical currents that modern electronic devices us From smartphone­s, calculator­s and GPS units, to larger appliances like television­s, gold plays a part in production, usually within printed circuit boards. One standard laptop Gold is the most malleable metal as only one gramme of the precious metal can be hammered into a sheet that covers a square metre. Malleabili­ty is a measure of how easily an object can be pressed into a shape, usually thin sheets. It is said that gold is so malleable that it can be beaten into a transparen­t sheets, which are used in gilding ornaments, lettering, and creating edgings on ceramics, glass, paper and textiles. Therefore, citizens must get into action and refrain from participat­ing in ‘talk-shows.’

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