{"id":45135,"date":"2023-07-12T19:06:03","date_gmt":"2023-07-12T19:06:03","guid":{"rendered":"https:\/\/www.africa-press.net\/zambia\/all-news\/mining-a-major-contributor-to-job-creation-kabuswe"},"modified":"2023-07-12T19:26:06","modified_gmt":"2023-07-12T19:26:06","slug":"mining-a-major-contributor-to-job-creation-kabuswe","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zambia\/all-news\/mining-a-major-contributor-to-job-creation-kabuswe","title":{"rendered":"Mining a major contributor to job creation \u2013 Kabuswe"},"content":{"rendered":"

Africa-Press – Zambia. <\/strong><\/span>Minister of Mines and Minerals Development Paul Kabuswe says mining in Zambia spans over 100 years and contributes to job creation and over 80 percent of export earnings for the country.<\/p>\n

In a speech read on his behalf by Copperbelt Province Permanent Secretary Augustine Kasongo at the Africa Gemstone and Jewelry Exhibition Conference held in Ndola, Mr Kabuswe noted that the country boasts of an abundance of base metals which include copper, cobalt and manganese, precious and semi-precious minerals among them gold, gemstone and emerald.<\/p>\n

He added that government is encouraging the production and processing of the minerals.<\/p>\n

He further said government is facilitating local ownership of mines to increase participation of Zambians in the sector.<\/p>\n

The Minister stated that mining has been identified as a key sector to drive the agenda of economic transformation and job creation.<\/p>\n

\u201cFor this reason the government is focused on diversifying the mining sector through the promotion and exploitation of other minerals such as gemstone, gold, nickel, manganese and iron mainly characterized by small-scale miners,\u201d he said.<\/p>\n

African Minerals Development Center Interim Director Marit Kitaw said Africa\u2019s vast mineral wealth remains an important driver of structural transformation enshrined in the Africa Union\u2019s Agenda 2063, as it represents about 30 percent of the mineral deposits of the world.<\/p>\n

Dr. Kitaw added that Africa\u2019s exports of oil, gas, and minerals account for 70 percent of exports and 50 percent revenue.<\/p>\n

She noted that despite the enormous potential of the mineral industry, most African countries have historically been unable to benefit from their natural wealth, because of disproportionate dependence on minerals exports which is a major vulnerability as it exposes the region to the fluctuations of commodity prices.<\/p>\n

\u201cThe Africa Mining Vision (AMV) was adopted by African Union Heads of State and Government in 2009 and aims to ensure minerals play a greater transformative role in the development of the continent.<\/p>\n

The African Union Heads of State and Governments adopted the AMV to serve as Africa\u2019s road map for strategically harnessing its mineral resources for broad-based sustainable development,\u201d she said.<\/p>\n

Dr Kitaw said Africa is home to different and unquantifiable deposits of gemstones, and is a key producer of a variety of colored gemstones including Ethiopia\u2019s Opal, Kenya\u2019s Tsavorite, Madagascar\u2019s Sapphires, Mozambique\u2019s Rubies, Tanzania\u2019s Tanzanite, and Zambia\u2019s Emeralds.<\/p>\n

She added that African gemstones and metals contribute to a growing multi billion jewelry industry with global sales estimated at US$279 billion in 2018 and expected to rise over 70 percent to US$480.5 billion by 2025.<\/p>\n

\u201cThe jewelry retail industry ranges from high-end luxury products, such as earrings, watches, and necklaces made of precious stones like diamond, ruby, and gold to fashion jewelry made of non-precious metals, stones, and other materials.\u201d She noted.<\/p>\n

For More News And Analysis About Zambia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zambia. Minister of Mines and Minerals Development Paul Kabuswe says mining in Zambia spans over 100 years and contributes to job creation and over 80 percent of export earnings for the country. In a speech read on his behalf by Copperbelt Province Permanent Secretary Augustine Kasongo at the Africa Gemstone and Jewelry Exhibition […]<\/p>\n","protected":false},"author":84,"featured_media":45134,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[234,235,233],"class_list":["post-45135","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-zambia","tag-zambia"],"yoast_head":"\nMining a major contributor to job creation \u2013 Kabuswe - Zambia<\/title>\n<meta name=\"description\" content=\"Minister of Mines and Minerals Development Paul Kabuswe says mining in Zambia spans over 100 years and contributes to jo ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zambia\/all-news\/mining-a-major-contributor-to-job-creation-kabuswe\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mining a major contributor to job creation \u2013 Kabuswe\" \/>\n<meta property=\"og:description\" content=\"Minister of Mines and Minerals Development Paul Kabuswe says mining in Zambia spans over 100 years and contributes to jo ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zambia\/all-news\/mining-a-major-contributor-to-job-creation-kabuswe\" \/>\n<meta property=\"og:site_name\" content=\"Zambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-12T19:06:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-12T19:26:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2023\/07\/sm_1689173228.196726.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"535\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/mining-a-major-contributor-to-job-creation-kabuswe#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/mining-a-major-contributor-to-job-creation-kabuswe\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Mining a major contributor to job creation \u2013 Kabuswe\",\"datePublished\":\"2023-07-12T19:06:03+00:00\",\"dateModified\":\"2023-07-12T19:26:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/mining-a-major-contributor-to-job-creation-kabuswe\"},\"wordCount\":474,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/mining-a-major-contributor-to-job-creation-kabuswe#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2023\/07\/sm_1689173228.196726.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Zambia\",\"Zambia\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zambia\/all-news\/mining-a-major-contributor-to-job-creation-kabuswe#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/mining-a-major-contributor-to-job-creation-kabuswe\",\"url\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/mining-a-major-contributor-to-job-creation-kabuswe\",\"name\":\"Mining a major contributor to job creation \u2013 Kabuswe - 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