Monday, July 06, 2009

Chamber of Mines explains mines’ absence at trade fair

Chamber of Mines explains mines’ absence at trade fair
Written by Chiwoyu Sinyangwe
Monday, July 06, 2009 11:51:39 AM

MINING companies have not attended this year’s Zambia International Trade Fair (ZITF) as they streamline expenditure in view of the collapsed international metal prices, Chamber of Mines of Zambia (CMZ) has explained.

Reacting to concerns that none of the mining companies in the country had exhibited this year at the international trade fair, Chishimba said the absence did not amount to shunning. He said mining companies were no longer exhibiting as individual companies but under the umbrella of the Chamber.

“With difficulties we are facing to normalise our operations, we have to rationalise our expenditure,” Chishimba said.

“You remember that this year, we exhibited at the Copperbelt Mining and Agriculture show which had a theme much closer to our hearts…we were able to marshal ourselves and exhibited as one under the umbrella of the Chamber [CMZ]. We gave it full support.”

Chishimba also said the international trade fair was more of a trade show than actual mining.

“But we are not shutting the doors permanently…we are learning to walk before we run. We just want to rationalise our expenditure,” said Chishimba. “We have not really shunned the show as we are looking at participating in the future.”

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