Lumwana makes headway with non-mining related plans
By David Chongo in Solwezi
Mon 16 May 2011, 11:10 CAT
LUMWANA Mine in Solwezi is on course with its plans to develop sustainable non-mining related business, says managing director Adam Wright.
Responding to a query on Lumwana’s business development since being granted multi-facility economic zone (MFEZ) status last year, Wright said both local and foreign companies had expressed interest to invest in manufacturing and processing in the area.
“We have had several expressions of interest in MFEZ opportunities, mostly related to agri-business. One group is intending to establish a 3-star hotel and vocational training centre for hospitality trades. Overall, we are making good progress with our plans to develop sustainable non-mine related business at Lumwana,” Wright said.
Lumwana Mine had pledged, during launch of LMFEZ by commerce minister Felix Mutati, that beside creating 13,000 jobs, it would mobilise its partners for venture capital into the area with Japanese company, Hitachi, leading the in-flow with $10 million investment in heavy equipment spare part manufacture for the mine.
Meanwhile, Zambia Development Agency in North Western has targeted Kasempa and Kabompo for a capacity building exercise to develop the honey processing industry.
Regional Enterprise Development Officer, James Malala said there was significant honey production in the two districts by small and medium enterprises which ZDA would help enhance through granting tax exemption incentives.
Labels: ADAM WRIGHT, FELIX MUTATI, LUMWANA MFEZ, LUMWANA MINING COMPANY
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Lumwana Mining replaces MD
By Kabanda Chulu in Lusaka and Creavat Chituta in Solwezi
Sat 31 Oct. 2009, 04:00 CAT
LUMWANA Mining Company (LMC) has appointed Adam Wright as its new managing director replacing Harry Michael who is leaving the company next month after developing it from a greenfield project to become Zambia’s single largest investment and Africa’s biggest copper producer.
Announcing the appointment yesterday, Lumwana’s holding company, Equinox Minerals president Craig Williams stated that the company was looking forward to working with Wright in the operational phase at Lumwana in order to drive the mine towards realising its full potential.
“We are very excited that Adam Wright has joined the Equinox team. Adam is a well regarded and highly experienced mining professional with expertise that will provide great benefit to the operational ramp up of the Lumwana copper mine,” stated Williams.
“Harry Michael has played a key role in building Lumwana over the last five years during a very challenging period for the company through the transition from developer to producer. I thank Harry for his outstanding contribution. We look forward to working with Adam in the operational phase at Lumwana in driving the mine towards realising its full potential.”
And Michael has urged newly-graduated multi-skills vocation trainees to utilise their skills acquired from the training to set up business and support their families.
Speaking in Solwezi during the graduation ceremony of 174 LCM-sponsored local community multi-skills vocation graduands who received their certificates after undergoing a sustainability training programme held at Lumwana estate, Michael said trainees should not only hang their certificates in homes, but apply skills acquired to improve their livelihood and become employers in future.
He advised graduands to take advantage of the opportunity to increase their production and improve their standard of living through baking; poultry farming and meat inspection, maize milling, handcrafts and others.
Meanwhile, Solwezi mayor Peter Kikatula commended LCM for its outstanding commitment to the development of the local community in the district.
Labels: ADAM WRIGHT, EQUINOX, HARRY MICHAEL, LUMWANA MINING COMPANY
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