Zambia in dire need of a Mineral Asset Valuation Code to prevent Overpricing or Under-pricing of Mining Assets
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By Derrick Sinjela CENTRE for Trade and Policy Development (CTPD) Senior Researcher (Extractives) Webby Banda says mining valuation defined as the placement of a currency value on a mining asset. Continues being the answer to the million kwacha question of “what is the value of the mine” or “what is the mine worth?” Consequently, in a Sunday 31st January 2021 Press Statement circulated by Information and Communications Specialist Ms. Mwaka Nyimbili, Mr. Banda explained that mine valuation has to encapsulate the value of surface and sub-surface infrastructure. In the recent past, Banda recollected that several jurisdictions had developed professional codes...