Musukwa: Copper Production Decline Not Due to Govt Plans To Introduce New Mining Tax

Musukwa: Copper Production Decline Not Due to Govt Plans To Introduce New Mining Tax

Mines Minister Richard Musukwa says the decline in copper production for 2019 should not be attributed to government’s plans to introduce a new mining tax regime.

Mr Musukwa says government is aware that mining companies have formed a cartel aimed at discrediting any measures undertaken to improve the operations of the sector.

Further, the Mines Minister says it sad that a number of mining companies have not been transparent for years as they have always failed to declare dividends to government.

Mr Musukwa says as a result, this has had a negative bearing on the overall performance of the sector both in the short and long term.

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