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Business Plan, Musi Gem Limited, Copperbelt Province, Zambia

Business Plan, Musi Gem Limited, Copperbelt Province, Zambia

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It is a well known fact that the second best gemstone emeralds in the world is located in Zambia (after Columbia). I prepared a business plan for a client in Central Zambia for the emerald prospect he has in the Copperbelt Province. He is looking for a joint venture partner. Production of stones could start 3 months after mine development has commenced. There is an abundance of skilled labour within 80kms of the property, and the investment climate is extremely favourable. Details can be provided on request.
It is a well known fact that the second best gemstone emeralds in the world is located in Zambia (after Columbia). I prepared a business plan for a client in Central Zambia for the emerald prospect he has in the Copperbelt Province. He is looking for a joint venture partner. Production of stones could start 3 months after mine development has commenced. There is an abundance of skilled labour within 80kms of the property, and the investment climate is extremely favourable. Details can be provided on request.

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Published by: Ramoutar (Ken) Seecharran on Dec 23, 2011
Copyright:Attribution Non-commercial

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12/23/2011

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Business plan for Musi Gem Limited
By Ramoutar Seecharran BSc (Hons) Mining, ACSM, MSc (Eng), DIC, CEng, REng, FIMM, MCIM, MEIZ
1
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Business plan for Musi Gem Limited
By Ramoutar Seecharran BSc (Hons) Mining, ACSM, MSc (Eng), DIC, CEng, REng, FIMM, MCIM, MEIZ
2
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DDEETT A  A IILLSSOOFFTTHHEEMMIINNEE 
 
LOCATION:
The mine is located at plot Nø 441, Emeralds Restricted Area, Kamakanga,Kalulushi District, Copperbelt Province, in the Republic of Zambia. The area of legal entitlement is 76 hectares. (Figure 1). The property lies at an elevationof 1 200 and 1 220 metres above mean sea level on gently undulatingground.
FFiigguurree11::LLooccaattiioonnMMaappooMMuussiiGGeemmLLiimmiitteedd 
 
LEGAL ENTITLEMENT:
Mining rights have been granted to Musi Gem Limited of the above address.Musi Gem is in possession of gemstone licence Nø188 issued on 23
rd
 December 1997.
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Emerald was first discovered in this part of Zambia (then Northern Rhodesia)in 1928 by the Rhodesia Congo Border Concession Company at the Mikulocality in the Kafubu area. Commercial mining commenced in 1967. Zambiais second in the production of quality emeralds only to Columbia.It is estimated that 20% of the world’s current supply of emeralds comesfrom Zambia.
 
EEGGIIOONN A  A LLGGEEOOLLOOGG Y  Y  
The Kafubu Emerald Area is underlain by rocks of the Muva Supergroup. TheMuva Supergroup comprises quartzites and quartzose schists near the baseoverlain by quartz-mica schists
(locally called CHIKUNDULU) 
interlaced with talc-magnetite schist
(locally called PAIDAS) 
. Emerald mineralisation is closelyassociated with tourmaline-quartz veins replaced in the talc-magnetite schist.
 
Business plan for Musi Gem Limited
By Ramoutar Seecharran BSc (Hons) Mining, ACSM, MSc (Eng), DIC, CEng, REng, FIMM, MCIM, MEIZ
3The tourmaline-quartz
(Locally called FIRESTONE) 
veins are believed to be thesource of beryllium (Be) fluids which contributed the formation of the mineralberyl while the schist is known to be the source of the chromium (Cr), theelement responsible for the green colour of emerald. A dossier on emeralds is given in Appendix I. Consequently, ideal areas foremerald mineralisation are those localities underlain by the talc-magnetiteschist. The schist-hosted emerald deposits have been interpreted as theresult of interactions between the intruding granitic pegmatites and and/ortheir accompanying fluids and pre-existing mafic or ultramafic rocks or theinvasion of fluids related to fertile granite or pegmatite, producingmetasomatism in ultramafic/mafic rocks. The emeralds then formed as aform of contact metamorphism or metasomatism at the borders at thepegmatite or hydrothermal quartz ± feldspar ± mica veins and thesurrounding mafic or ultramafic rocks.The geological maps of the area are shown in Figures 2 and 3.

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