Zambia targets $1.8bn from small-scale gold mining - miningmx.com

AI desk brief

Zambia is moving to formalize its artisanal gold sector in a bid to unlock more than $1.8bn in annual value, a step that could materially lift official supply if the plan succeeds. ZCCM Investments says it wants to replicate Ghana’s model of channeling small-scale production through a state-backed gold board and formal purchasing channels, with annual output potentially rising from 127,000oz in 2025 to several hundred thousand ounces.