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Download ZCCM-IH Appointed by Government to Lead Transformation of Zambia’s Gold Sector

ZCCM-IH Appointed by Government to Lead Transformation of Zambia’s Gold Sector

Published Date: 7th August 2025

ZCCM-IH Appointed by Government to Lead Transformation of Zambia’s Gold Sector

1st  August 2025, Lusaka, Zambia: ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company”) wishes to inform shareholders and the market that the Government of the Republic of Zambia has formally mandated ZCCM-IH to take the lead in formalising, developing, and transforming the gold sector in Zambia.

This appointment marks a historic and strategic milestone in unlocking the full potential of Zambia’s gold mining industry. For decades, the gold sector has remained largely informal, characterised by limited structure, low value retention, and minimal economic benefits for surrounding communities. These informal operations have also contributed to environmental degradation and unsafe mining practices, offering little in terms of national economic returns.