After more than 15 years of anticipation, the Kashime Copper Mine project, located in the Upper Lusemfwa area of Mkushi District, has officially received authorisation to commence mining operations. The milestone marks a significant step forward for Zambia's mining...
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First Quantum Minerals announces a strategic investment in Prospect Resources the Australian-based battery and electrification metals developer. Prospect’s principal focus is advancing the Mumbezhi Copper Project in north-western Zambia, around 25km south-east of First Quantum’s Trident combined project (Sentinel and...
First Quantum Minerals (FQM) joined mining industry leaders from around the globe in Cape Town this week to reinforce its commitment to Zambia and support the government’s vision of producing 3 million tonnes of copper a year.
First Quantum Minerals (FQM) has reported a 13 percent increase in copper production for the third quarter of this year, accompanied by a doubling of income tax payments globally. Production at the company’s Kansanshi mine in Solwezi rose to...
A strong and vibrant local capital market is essential to attract foreign institutional investors to Zambia's mining sector, said Norman Mbazima, senior Anglo American executive for the last 20 years and Chairman of Anglo American Platinum.
Higher copper prices and improved ore grades helped boost Kansanshi Mining’s financial performance for the first half of 2024, despite continued electricity challenges. The company, which is a subsidiary of First Quantum Minerals (FQM), reported a net profit of US$117...
Zambian mining company Mimosa Resources has attracted US$3 million of investment for its Kashime copper mine project near Mkushi.
First Quantum Minerals has highlighted the company's commitment to transparency, sustainability, and economic contributions as vital to fostering progress in the mining sector. And emphasised the importance of credible corporate communications reflecting real, tangible activities and progress on the ground.
First Quantum Minerals (FQM) has dismissed false rumours that it is in talks to sell a stake in its Zambian copper mines.
First Quantum Minerals maintained its trend of increasing production in the third quarter of 2023, propelled by the mining firm's execution of new agreements with the Zambian government in the previous year. During the quarter, FQM marked a significant milestone...