New Sustainability Bond Model Aims to Formalize Artisanal Mining in Zambia’s Copper Sector
Zambia Copper Industry Pilot Launches Stakeholder Prosperity Bond to Integrate Artisanal Miners into Formal Supply Chains A Canada-based advisory firm and a mid-tier Zambian copper producer are preparing to pilot a new sustainability-linked financing instrument designed to integrate artisanal miners into formal mining supply chains. The proposed structure, known as a “stakeholder prosperity bond,” has been developed by advisory firm Veridicor in partnership with Zambia-focused Metalex Commodities. The initiative aims to address long-standing challenges associated with informal artisanal mining, including environmental degradation, revenue leakage, and operational disruption around industrial mining…
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