ZCCM-IH Appointed to Overhaul Zambia’s Informal Gold Mining Industry for Sustainable National Growth
ZCCM Investments Holdings Plc (ZCCM-IH) announced that it has officially been mandated by the Government of the Republic of Zambia to take the lead in the formalisation, development, and transformation of the gold sector in Zambia.
This strategic appointment marks a historic milestone in the country’s mining landscape, paving the way for the creation of a structured, sustainable, and inclusive gold industry that benefits all Zambians.
For decades, Zambia’s gold sector has remained largely informal—dominated by smallscale operations with limited structure, poor value retention, and minimal economic returns for local communities. These informal activities have also contributed to environmental degradation and unsafe mining practices, with little contribution to the national economy.
The Government’s decision to entrust ZCCM-IH with this critical role reflects a bold and forward-thinking commitment to inclusive economic development. The initiative draws lessons from successful gold sector reforms across Africa, where formalisation has led to increased revenue, improved livelihoods, and enhanced governance.
ZCCM-IH is honoured to accept this mandate. As the anchor institution for this national transformation agenda, the Company will implement a comprehensive, collaborative programme built on the pillars of sustainability, inclusivity, and transparency.
The transformation programme will focus on:
Integrating artisanal and small-scale gold miners into the formal economy
Promoting safe and environmentally responsible mining practices
Enhancing local value addition and value retention
Strengthening partnerships with communities, traditional leadership, civil society, and the private sector
To support this initiative, mineral tenements will be transferred to ZCCM-IH, serving as foundational assets to drive the transformation forward. These assets align fully with the Company’s mission:
“To create tangible wealth sustainably for the benefit of the Zambian people and all stakeholders.”
ZCCM-IH reaffirms its commitment to executing this national responsibility with integrity, transparency, and accountability. The Company extends its sincere gratitude to the Government for the trust placed in its leadership and operations and pledges to deliver impactful, long-term results for the country.
ZCCM-IH will continue to keep shareholders, partners, and the public regularly informed as it progresses with this transformative gold sector initiative.
PUBLISHER: CONSTANCE