The Mines and Minerals Development (Amendment) Act, 2022

An Act to amend the Mines and Minerals Development
Act, 2015. [27th December, 2022
ENACTED by the Parliament of Zambia. 1. (1) This Act may be cited as the Mines and Minerals
Development (Amendment) Act, 2022, and shall be read as one
with the Mines and Minerals Development Act, 2015, in this Act
referred to as the principal Act. (2) This Act shall come into operation on 1st January, 2023. 2. Section 89 of the principal Act is amended by the deletion
of subsection (2) and the substitution therefor of the following:
(2) Where the base metal produced or recoverable under
the licence is copper, the mineral royalty payable shall be
applied at an incremental value in each price range at the
rate of —
(a) four percent of the norm value when the norm price
of copper is less than four thousand United States
dollars per tonne;
(b) six point five percent of the norm value when the
norm price of copper is four thousand United
States dollars or higher per tonne but less than
The Mines and Minerals Development
(Amendment) [No. 29 of 2022 561
Enactment
Short title and
commence-
ment
Act No. 11
of 2015
Amendment
of Section
89
GOVERNMENT OF ZAMBIA
ACT
No.

pment
(Amendment) [No. 29 of 2022 561
Enactment
Short title and
commence-
ment
Act No. 11
of 2015
Amendment
of Section
89
GOVERNMENT OF ZAMBIA
ACT
No.

29 of 2022
Date of Assent: 23rd December, 2022
Single copies of this Act may be obtained from the Government Printer,
P.O. Box 30136, 10101 Lusaka, Price K 4.00 each.

five thousand United States dollars per tonne;
(c) eight point five percent of the norm value when the
norm price of copper is five thousand United
States dollars or higher per tonne but less than
seven thousand United States dollars per tonne;
and
(d) ten percent of the norm value when the norm price
of copper is seven thousand United States dollars
or higher per tonne.
562 No. 29 of 2022] The Mines and Minerals Development
(Amendment)