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Mining & Natural Resources
Gemstone Mining in the enriched Zambian deposits
Examining Core Samples
Luiri have been carrying out a new phase of resource
definition drilling at the Dunrobin and Matala gold
deposits and have increased the present (NI43-101
compliant) indicated resource to 422,000 ounces
and further inferred resource figure to 386,000 ounc-
es. They have also conducted significant mining,
metallurgical and environmental work. Unfortunately,
this project is currently on hold due to a dispute with
the Ministry of Mines and Natural Resources. It is
sincerely hoped that this can be resolved to the mu-
tual benefit of all stakeholders as quickly as possible
and work can resume.
After acquiring Kiwara Plc in January 2010, FQM
have embarked on an intensive drilling Programme
at the Kalumbila prospect (re-named the Trident
project). FQM recently announced that since March
2010, they have already completed nearly 50,000
metres of drilling and believe they are now delineat-
ing an estimated (non NI43-101 compliant) resource
of at least 300 – 400 million tonnes between an av-
erage grade of 0.65% - 0.85% copper. FQM have
also completed preliminary metallurgical and envi-
ronmental work. A timeline has been established to
complete a large scale mining license application by
the 2nd quarter of 2011 and if all results and permit-
ting is positive, acquire board approval to move into
development as quickly as possible.
THEMININGSECTORDIVERSIFICATION
PROGRAMME
For the past sixty years the Zambian economy has
been heavily reliant on the mining of copper and co-
balt and despite the positive steps taken to diversify
the industrial and manufacturing base, the reliance
remains.
Zambia is naturally rich with other mineral resources,
most of which are under exploited. The European
Union and various other development institutions
and banks are supporting the private sector develop-
ment through several programs including the Mining
Sector Diversification Program. The Mining Sector
Diversification Programme was established in 2001
with the aim of increasing the utilization of natural re-
sources in the non-traditional mining sector through
improving the ability of miners and processors to
produce, market and sell products of an improved
quality. The Programme was approved by govern-
ment and funded by the European Union.
Its goals are to enhance non-traditional mining by re-
ducing Zambia’s dependence on copper and cobalt,
increasing the range of minerals extracted for export,
and developing downstream industries in mineral
processing to add value to exports.
The programme has achieved the following:
• Made geographical data available to prospectors
• Improve access to adequate capital and equipment
for non-traditional miners
• Equip non-traditional miners with adequate mining
strategy and processing skills
• Enabled non-traditional miners and downstream