Amb. Emmanuel Mwamba
Who owns Kasenseli Gold?
On 14th February 2024, ZCCM Investments Holdings Plc (ZCCM-IH) stated that the Company had NOT lost control of Kasenseli Gold Mine as reported in some sections of media houses.
ZCCM-IH stated that it would resume mining operations at Kasenseli Gold mine following the amicable resolution of disputes raised by one of the Kasenseli Gold Company Limited shareholders (Kampoko Resources Ltd) and Chief Chibwika’s agreement to grant the consent to mine.
ZCCM-IH said the mine comprises of two mining pits, and that it had failed to pay a revenue share to PCB Mining Ltd as being inaccurate. The PCB matter is actively before the Courts of Law and there is no determination on the merits of the case in the Court of Appeal.
ZCCM-IH continues to engage with all stakeholders inclusive of PCB who are currently involved in discussions to settle the disputes, and to operationalise the Kasenseli Mine as per ZCCM-IH’s mandate, for the benefit of the people of Mwinilunga and the Zambian people at large.