Zambia

Zambia
The Republic of Zambia

Zambia Development Agency (ZDA)
Tel : +260 211 220177 / 223859 | Fax : (+260) 211 225 270
www.zda.org.zm | zda@zda.org.zm

Lumbu Gemstones & Mining Ltd

Project Description The activity mainly to be undertaken is the prospecting of copper,
cobalt, gold, iron and other minerals. Land available is more than
2000 sq. km and a large scale prospecting license has already been
issued.
Geographical Location Between Lumwana Mine and Kansanshi Mine in Solwezi, North
Western
Objectives To move the project forward from the current trial mining stage and
bring it into full production.
Project Size USD 2 million – USD 8 million, 2000 sq. Km
Proposed Procurement
Process
Submission of expression of interest to the responsible agents
Project Documentation
Status
Large scale prospecting license
Current Status Small scale mining activities already in occurrence
Proposed Financing
Structure
Seeking joint venture equity partner, percentage of shares offered
75% – 85%
Contact

Mr Barry Lumbu
Cell : +260 0976 905363/ 0955 807120
Email : vmc@zamnet.zm

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