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Monday, 23 August 2010

Mine Watch (Sinazongwe)

A new coal mine is expected to be opened in Sinazongwe (Southern Province) before the end of the year. Around US$ 10 million would be pumped in as initial capital for the operation of the mine, thought to have 15 year life span. The mine would be an open pit mine and will have a washing plant, pollution control facility, a residential area for high cost and low cost houses. 50 percent of the mine would be owned by Zambians while the other 50 percent would be owned by foreigners. Among the Zambian shareholders includes Livestock and Fisheries Development Minister Bradford Machila.

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