THE PROPOSED MINING DEVELOPMENT AND OPERATION PROJECT WITH LICENSE NO 26223-HQ-LEL IN MPIKA DISTRICT, MUCHINGA PROVINCE BY BALUBA MINERAL LIMITED

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THE PROPOSED MINING DEVELOPMENT AND OPERATION PROJECT WITH LICENSE NO 26223-HQ-LEL IN MPIKA DISTRICT, MUCHINGA PROVINCE BY BALUBA MINERAL LIMITED

Baluba Minerals Limited is undertaking a multi-mineral mining project in Mpika District of Muchinga Province, Zambia, with a total initial investment estimated at USD 950,000.00. The project aims to extract and process a range of mineral resources including Gypsum, Anhydrite, Manganese, Lead, Copper, Limestone, Zinc, and Gold. The company holds a Large-Scale exploration License which is also being processed into large scale Mining License and is committed to implementing the project in accordance with the Environmental Management Act No. 12 of 2011 and the Mines and Minerals Development Act of 2015. A detailed Environmental Impact Statement (EIS) will be prepared to guide project execution, environmental compliance, and community engagement throughout the life cycle of the operation.
Baluba Minerals Limited envisions the project as a catalyst for local economic development through job creation, infrastructure improvement, and value addition within the mineral sector. Environmental sustainability, safety, and social accountability remain central to the company’s operational strategy.