Mining accounts for 12% of Zambia’s GDP and 70% of total export value. An analysis of mining in Zambia shows a clear historical link between levels of mining investment and wider economic development. There is a foreign and regional investment drive towards Zambia’s mining sector due to its reformed mining sector governance, political stability, vast untapped natural resources and favourable economic environment.
Committed to affecting sustainable change for the mining and energy sectors in Zambia, ZIMEC is back for its 8th edition showcasing the dynamism and progress of the extractive industry and serving the region’s mining and energy communities with an authoritative and lucrative platform to brand, learn and synergise with the promulgators of the industry.
With the current theme “Invest in Zambia- generating Value, Diversity and Growth Through Collaboration” in mind, the 8th Zambia International Mining & Energy Conference & Exhibition is taking place in Lusaka, Zambia from 21-22 June 2018. The event is organised by AME Trade Ltd. and supported by the Ministry of Mines, Energy and Water Development of Zambia and the Zambia Chamber of Mines and aims to continue playing a fundamental part in shaping a sustainable growth path for the mining and energy sectors in Zambia.
There is a foreign and regional investment drive towards Zambia’s mining sector due to its reformed mining sector governance, political stability, vast untapped natural resources and favourable economic environment.
Integrating and developing the mining and energy sectors are crucial drivers in the path of Zambia’s sustainable development.
A new analysis of mining in Zambia for the past 100 years shows a clear historical link between levels of mining investment and wider economic development.
According to an academic paper entitled Copper Mining in Zambia – history and future*, when mining investment is sustained and high, there is growth not just in the mining sector, but also in the broader economy in jobs, new businesses and the overall prosperity of the population.
When mining investment declines, it’s not just the mining sector that is affected but the entire economy, along with the material well-being of the population.
Copper mining is the major economic activity in Zambia, however the government is trying to diversify its economy to agriculture and tourism, after the copper mining industry faced its worst run in 2015 due to dropping metal prices on the international market.
ZIMEC will address the key challenges, diversifying from the reliance on copper to other natural resources such as emeralds, and other quality gemstones, as well as local content and attracting investment into the mining sector.
*Copper Mining in Zambia – history and future, by Jackson Sikamo, Alex Mwanza and Cade Mweemba, was published in the journal of the Southern African Institute of Mining and Metallurgy.
With the rapid growth in Zambia’s mining sector and economy, demand for power has consequently risen in the past few years. With the rising power costs and the country’s over reliance on hydropower, mining companies that account for majority of electricity consumption have turned to alternative sources, solar and wind energy to supplement Zambia’s power grid and increase its capacity in times of water shortage.
With the boom in the Zambian mining sector it can be expected that more mining companies collaborate with the public sector and invest in robust power supply that solar and wind energy offer.
POWER ZAMBIA 2018, taking place at ZIMEC will bring together industry experts and notable professionals from the energy sector to address some of the key issues affecting power generation, while showcasing the growing opportunities in the renewable energy sector in order to create and progress towards an ideal sustainable energy mix.
During POWER ZAMBIA 2018, industry leaders will look at what needs to be done to develop a maintainable renewable energy programme, how large power users can increase their productivity through IPPs and PPPs, and highlight bankable energy projects in the region.