RE: Questionable disclosures?9 Sep 2025 14:16
Papaki... the current license for Munkoyo is 25633-HQ-SML (a Small-Scale Mining Licence) valid until 26 October 2033. It permits the holder to:
exclusively mine and dispose of the specified minerals within the licence area
Extract ore from open-pit or underground workings within the licence boundary
Process ore onsite using appropriate beneficiation methods (crushing, screening, concentration, flotation, leaching, etc.)
Construct plants, tailings storage facilities, and waste dumps consistent with the approved mine plan
Sell or export the mineral products produced
Obligations include:
Submitting and adhering to an approved Environmental and Social Impact Assessment (ESIA)
Maintaining proper mine plans and annual work programmes
Paying mineral royalties and surface rents
So, Zambia’s laws treat leach plants as mineral beneficiation facilities, which are allowed under an SML. Operating a facility like this is bread and butter stuff to Jubilee.