Set manganese, sugilite ‘floor price,’ Govt prodded
Published On February 19, 2024 » 370 Views» By Times Reporter » Business, Stories
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LUAPULA Minerals and Mining Consortium (LMMC) has called for a ‘floor price’ for manganese and sugilite to avoid exploitation of local miners by stone dealers in the country.
The consortium has also observed that hundreds of small and artisanal miners in Luapula have applied for manganese prospecting mining licences as a result of improved business environment in the country.
LMMC president Kapolyo Malama said in an interview that small scale miners had continued being ‘short-changed’ in terms of pricing due to limited negotiating power, especially for those plying their trade in manganese

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