By JOHN KOMBEgold miners have continued selling the commodity to foreigners and other briefcase buyers, says a senior official in the Ministry of Mines and Mineral Development.Meanwhile, government is ready to offer gold miners lucrative prices if they stop selling the commodity to briefcase buyers.Director of Mines Fred Banda said Government was offering a better price than foreign and private buyers. He advised gold miners in Rufunsa to sell their gold to ZCCM-IHMr Banda said that the gold mining areas had been invaded by foreign buyers who were offering a lower price for the commodity. “We expect the gold miners to reciprocate government support by ensuring that all the gold is sold to ZCCM-IH,” he Banda said.Mr Banda said that the ministry had now trained the miners on how to use the equipment that had been lying idle.Miners, he said, had also been training on how to manage the cooperatives.He however said that equipment such as detectors […]
foreigners dominate gold black market trade

FILE PHOTO
Sign Up For Daily Newsletter
Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
- Advertisement -



