Zambia adopts geological mapping tech in minerals exploration
The copper-rich Zambia is making the most of high-resolution aerial geophysical technology to explore for more minerals.
This is part of initiatives by the Southern African country to diversify its economy.
President Hakainde Hichilema has launched the nationwide geophysical technology survey, which he said would pave the way for targeted exploration of mineral and water resources.
The initiative anticipated to significantly reduce exploration costs and promote investment.
“The project underscores our commitment to unlocking the untapped potential of the country's mineral resources as we work towards achieving our goal of 3 million tonnes of copper production by 2031,” Hichilema said.
Speaking late Wednesday at an event in the capital Lusaka, the president said the mapping exercise would also enhance the country’s ability to realise the true market value of its mineral wealth and position it to engage in transactions with greater certainty.
He mobilised Zambians to support the initiative.
“It will ultimately create jobs and drive economic growth,” Hichilema said.
In power since 2021, Hichilema’s United Party for National Development (UPND) assumed the reins on a pledge to optimise the economic value extracted from the country’s wealth to the benefit of future generations.