Zambia Signs MoU to Boost Gold Mining

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Zambia’s Ministry of Mines, ZCCM Investment Holdings, and Mining Mineral Resources-SAS have signed a tripartite MoU to formalize and oversee mining activities in Kikonge, North-Western Province. The agreement aims to increase national revenue and to support artisanal miners transitioning to small-scale operations. Additionally, it will ensure proper accounting of gold until a domestic refinery is established. Plans include developing a modern gold mine under a strong governance framework, adhering to Zambian laws and international standards.