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

Nachingwali Enterprises Ltd

Project Description The mine produced beryl at 8 metres out of trial mining and emerald
chips from different levels out of the core drills. It has potential to
produce a minimum of USD 1.5 million per annum, worth of raw
emeralds
.
Current Status Owners of the project have so far concluded exploration, core drilling
and excavation of trial mining.
Geographical Location Lufwanyama, Ndola Rural
Objectives To move the project forward from the current trial mining stage and
bring it into full production.
Project Size USD 5 million
Proposed Procurement
Process
Submission of expression of interest to the responsible agents
Project Documentation
Status
The company is incorporated and has a gemstone mining license,
an environmental impact report, exploration report and a core drilling
report.
Proposed Financing
Structure
  • Joint venture
  • Investor to invest a minimum value of USD 5 million in equipment
    & working capital
Contact

Zambia Development Agency
Privatisation House

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