18 July 2012

Zambia: Zhonghui Mining's Goods Go Under the Hammer

THE office of Sheriff of Zambia has auctioned goods belonging Zhonghui Mining Industrial Limited.

According to a notice of sheriff's sale by public auction, the goods had been seized under the process in execution issued in action number 2012/HP/0145.

This is between Percy Chikonde and Zhonghui Mining Industrial Limited.

The auction took place on July 16 this year at Ichimpe Mine.

Auctioneers were David Mwanza and Maxwell Shiwanga of the sheriff of Zambia.

Zhonghui Mining Industrial Limited is part of the Zhonghui Mining Group of China developing the US$690 million Ichimpe Mine in Kalulushi.

Presently the development of the mine was stopped until the developer meets the requirements which include the environmental impact assessment report.

Zhonghui Mining Group of China was given a mining licence by the previous MMD government which overlapped onto Non Ferrous Corporation Africa Mining (NFCA) Plc mine, a conflict which has been referred to the Attorney General due to some technicalities involved.

The previous government also allowed the development of Ichimpe Mine without meeting the requirements which included Environmental Impact Assessment.

According to Statutory Instrument number 28 of 1997, a developer of any project is not expected to implement a project for which a brief or an environmental impact statement has not been concluded in accordance with the regulations.

However, Zhonghui Mining Group has submitted the EIA to ZEMA pending approval.

A boundary dispute between the Ichimpe Mine and Non Ferrous Corporation Africa Mining (NFCA) Plc mine has erupted and taken to the Attorney General to chart the way forward.

Some goods listed for auctioning were motor vehicles, household goods, drilling and mining equipment.

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