Barrick Gold, the owners of Lumwana Open Pit Copper Mines has no intentions of pulling out and eventually closing its Two Billion United States Dollars operations in Zambia.
Chamber of Mines of Zambia President, Jackson Sikamo says the future of the mining firm in Zambia is still sound and secure.
Mr. Sikamo said the mine has continued developing its Lumwana plant, an indication that Barrick Gold is not withdrawing its investment anytime soon from Zambia.
Mr. Sikamo has further parried assertions that Barrick Gold has plans to downscale its labour force at its Solwezi plant.
Meanwhile, the Chamber of Mines said Barrick Gold has no dispute with Government over the revised Fiscal Taxation Regime in the Mining sector.
The Chamber of Mines President has said this in a telephone interview with znbc news in Kitwe.
Mr. Sikamo said this in response to remarks by unions in the mining sector that have accused Barrick Gold of attempting to cut jobs at its plant in Solwezi.
Yesterday the Mine Workers Union of Zambia MUZ and the National Union of Miners and Allied Workers NUMAW disclosed that Barrick Gold plans to fire 139 miners.
And the 139 miners suspended at Lumwana Copper Mines have started appearing for disciplinary charges for taking part in a protest at the plant.
MUZ General Secretary, Joseph Chewe said the hearing of the 139 miners started this morning.
Mr. Chewe said Barrick Gold should have given dialogue a chance before slapping what he terms as trumped up charges against the miners.
MUZ has since challenged Barrick Gold to be sincere and state its position on its future in Zambia.