Zambia Opens $15m Gold Plant in Mumbwa

Date Published: 12/11/2025
Category Business

Zambia’s Vice President Mutale Nalumango commissioned Xpoint Investment’s US$15 million gold processing plant in Mumbwa, calling it a milestone in the country’s industrialization drive. The facility, capable of processing 800 tonnes of ore daily, is expected to create jobs and boost local value addition. Nalumango said the investment supports the government’s Vision 2030 agenda. He said it’s in line with sustainable growth and urged more investors to adopt environmentally friendly mining practices.

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