Zambia’s Ministry of Mines and Ivanhoe Forge Strategic MoU
The Zambian government has taken a major step to enhance its mining sector by signing a Memorandum of Understanding (MoU) with Ivanhoe Mines.
The agreement, facilitated by the Ministry of Mines and Minerals Development, is designed to drive growth and development within the country’s vital mining industry.
During the signing ceremony, Mines Minister Paul Kabuswe expressed optimism about the collaboration, emphasizing the potential benefits for Zambia’s mining sector.
He praised Ivanhoe’s strong investment record across Africa, highlighting the company’s expertise as a valuable asset for Zambia’s mineral resource development.
Hapenga Kabeta, Permanent Secretary at the Ministry of Mines, underscored the importance of the partnership, calling it a crucial step toward unlocking new mining opportunities and advancing the sector.
Patricia Makhesha, Ivanhoe’s Executive Vice President for Special Projects, shared the company’s enthusiasm for the collaboration.
As the partnership progresses, stakeholders are keenly observing its potential impact on job creation, technological advancements, and economic growth in Zambia’s mining industry.
