IN BRIEF: ZCCM Investments portfolio firm awarded mining licenses
9th Jul 2024 19:07
ZCCM Investments Holdings PLC - Lusaka-based mining and energy investor - Says its investee company, Maamba Collieries Ltd, in which it has a shareholding of 35%, has been issued two large scale exploration licenses for lithium and other minerals (amethyst, aquamarine, tantalum and tin) in the southern province of Zambia. MCL intends to commence exploration as soon as possible to ascertain the presence of these minerals in these licence areas. The licenses are valid for a period of four years and are located around 100 km southwest of MCL's coal mine in Maamba. Read More