ZCCM Investments Holdings (ZCCM-IH) and PlanetGold Zambia Project have signed a Memorandum of Understanding (MoU) aimed at promoting sustainable mining practices among artisanal and small-scale gold miners in the country.

ZCCM-IH Chief Executive Officer Kakenenwa Muyangwa says the agreement seeks to integrate artisanal and small-scale gold miners into the mainstream economy, enabling them to contribute more effectively to Zambia’s economic development.

Speaking during the signing ceremony in Lusaka, Mr Muyangwa noted that the initiative reflects ZCCM-IH’s commitment to ensuring that artisanal miners participate in the formal global mining economy.

He explained that the partnership with the PlanetGold project demonstrates the importance of collaboration in addressing challenges affecting the mining sector.

Mr Muyangwa added that through joint efforts, stakeholders will be able to promote safer mining practices, minimise environmental damage and improve the livelihoods of communities engaged in artisanal mining.

And PlanetGold National Project Manager, Abigail Mwailenge said the partnership will help artisanal miners access fair prices for their gold, thereby improving incomes and supporting sustainable livelihoods in mining communities.

Meanwhile, Ministry of Mines and Minerals Development Assistant Director for Artisanal and Small-Scale Mining, Jackson Kafwanka reaffirmed the ministry’s readiness to support the partnership between ZCCM-IH and PlanetGold Zambia.