In a statement to all FQM Zambia Employees, Rudi Badenhorst, the Chief Operating Office says "We remain highly optimistic about the prospects and outlook for the mining industry in Zambia, and ...
First Quantum Minerals Ltd announced the filing of an updated National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") Technical Report dated June 30, 2020 for the …
The Kansanshi copper smelter, commissioned in the first half of 2015, has enabled First Quantum to optimize the value of the copper it produces in Zambia, and created a further …
First Quantum Minerals (FQM) has announced intentions to consolidate the company's road and earthworks division, mining divisions and related supporting services currently carried out by First Quantum Mining Operations Limited (FQMO) with the operations at Kansanshi Mining Plc (KMP). FQMO was the original First Quantum …
(In United States dollars, except where noted otherwise) TORONTO, Feb. 14, 2023 (GLOBE NEWSWIRE) - First Quantum Minerals Ltd. ("First Quantum" or "the Company") (TSX: FM) today reports results for the three months ended December 31, 2022 ("Q4 2022") of net earnings attributable to shareholders of the Company of $117 million ($0.17 earnings per …
Canadian company First Quantum Minerals (FQM) has announced its plans to expand operations at the Kansanshi mine in …
June 28, 2022 TSX-listed mining major First Quantum Minerals (FQM) is looking to invest substantially in the expansion of its Kansanshi copper and gold mine.
TORONTO, Nov. 30, 2020 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. ("First Quantum" or "the Company") (TSX:FM) today announced the filing of an updated National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") Technical Report dated November, 2020 for the Taca Taca development project (the ...
First Quantum Minerals Ltd. releases preliminary production figures for Q4 of 2022 and provides guidance for production, capital expenditure and costs for ... Kansanshi production of 146kt was …
The Zambia Chamber of Mines has saluted First Quantum Minerals (FQM)'s plan to double its investment by adding $1.3 billion in its Kansanshi Mine in the North Western Province for the next 20 ...
First Quantum Minerals has agreed to convert dividends from its Zambian copper mine Kansanshi to a revenue royalty, the Canadian firm said today. The agreement follows fiscal changes implemented ...
Today, the southern African country is host to FQM's Kansanshi and Sentinel mines which comprise more than half of the mining giant's over 800,000 tonne a year copper output. Certainly, with FQM's operations on five continents, employing more than 20,000 people and producing over 800,000 tonnes of copper annually, Philip …
FQM's Kansanshi Mine General Manager Anthony Mukutuma said: "The project will offer significant benefits to Zambia, by unlocking some of its world-class renewable potential. It will help the country realise some of its untapped solar and wind resources by attracting large-scale foreign investment and adding significant renewable …
After a decade-long delay, work on mining and metals company First Quantum Minerals' (FQM's) Sulphide No 3 (S3) expansion project, at the Kansanshi …
First Quantum Minerals is deeply saddened to announce the passing of one of its founders and Chairman, Philip Pascall, on September 19, 2023. Philip passed away peacefully at home in Perth, Western Australia. Philip co-founded First Quantum in 1996, serving as the Chairman since its inception and Chief Executive Officer until 2022.
The increase in copper output in 2021 represented a 5% increase in output from 2020. FQM's Zambian operations at its Kansanshi and Sentinel mines contributed 435 000 t of copper to the total ...
KANSANSHI MINING. Kansanshi employs more than 13,000 people, primarily made up of a localised Zambian workforce, and utilises state-of-the-art technology to extract copper and gold from three different ore types, with world-class efficiency. The Kansanshi mine is owned and operated by Kansanshi Mining, which is 80 percent …
Operator, Ancillary (TLB) at First Quantum Minerals Ltd (FQM) Full-Time At First Quantum, we free the talent of our people by taking a very different approach which is underpinned by a very different, very definite culture – the "First Quantum Way ...
Sulphide ore milled (000's tonnes) 3,055: Sulphide ore grade processed (%) 0.59: Sulphide copper recovery (%) 88: Mixed ore milled (000's tonnes) 1,938
First Quantum Minerals will consolidate the Road and Earthworks Division, Mining Divisions and related supporting services currently carried out by First Quantum Mining Operations Limited (FQMO)...
NORTH-WESTERN, ZAMBIA – In its quest to promote a safe and healthy working environment and lifestyle of its employees at its Kansanshi Mine Plc in Skip to content Monday, November 13, 2023
FQM Trading; Our Operations. Operating Mines. Cobre Panama. Production Statistics; Reserves & Resources; Kansanshi. Production Statistics; Reserves & …
Reuters and Financial Times of London report that First Quantum Minerals said on Sunday that its board has approved plans for a $1.25 billion expansion of the company's Kansanshi copper mine in ...
TORONTO, May 08, 2022 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. ("First Quantum" or "the Company") (TSX: FM) is pleased to announce that the Company's …
July 2, 2020. 27. 6,349 views. Anthony Mukutuma. Kansanshi Mine in Solwezi North Western Province has for the first time appointed a Zambian as the Mine's General Manager. Anthony Mukutuma takes ...
(in United States dollars, tabular amounts in millions, except where noted) TORONTO, May 08, 2022 (GLOBE NEWSWIRE) - First Quantum Minerals Ltd. ("First Quantum" or "the Company") (TSX: FM) is pleased to announce that the Company's Board of Directors has approved the S3 Expansion at the Kansanshi mine and the Enterprise …
Since 1996 we have been a proud corporate member of the Zambian community. Today, we operate two mines in Zambia's North Western Province – Kansanshi, near the town of Solwezi, and Sentinel, about 150km west from Kansanshi. Zambia is known for its friendly people, vibrant culture, breathtaking landscapes, and diverse and beautiful wildlife.
This should not come as a surprise because in February 2019, Mining Technology and LusakaTimes, quoted Bloomberg as having reported that FQM had offered the Zambian government to acquire the remaining 20% stake in Kansanshi Mine Plc for as much as $700 Million. The assured winner in this deal will be First Quantum Minerals.
(In United States dollars, except where noted otherwise) TORONTO, Sept. 14, 2020 (GLOBE NEWSWIRE) - First Quantum Minerals Ltd. ("First Quantum" or "the Company") (TSX:FM) today announced the filing of an updated National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") Technical Report dated June …
Kansanshi continued to experience lower feed grades across all three circuits. Copper C1 cash cost 2 of $2.24 per lb for Q1 2023 was $0.38 per lb higher than Q4 2022. While market rates for fuel and freight were, on average, lower in the first quarter of 2023, these benefits were more than offset by lower production levels.
First Quantum Minerals (FQM) has announced intentions to consolidate the company's road and earthworks division, mining divisions and related supporting services …
This $900 million marvel of technology, which started operating in early 2015, is situated at First Quantum Minerals' (FQM) Kansanshi Mine in North-Western province, just outside Solwezi. The smelter was tailored to Kansanshi's own design specifications and built in record time. It was brought to full production in an unprecedented five months.
The ZCCM-claims included $228million in interest on $2.3 billion of loans that ZCCM-IH claimed FQM wrongly borrowed from Kansanshi Copper mine and used the money as cheap finance for other operations as well as 20 percent of the principal amount, or $570 million. WHY ROYALTY TRANSACTION DEAL IS BAD FOR ZAMBIA.
Fri 25 Feb, 2022 - 2:24 PM ET. Fitch Ratings - Moscow - 25 Feb 2022: Fitch Ratings has upgraded Canada-based First Quantum Minerals Ltd.'s (FQM) Long-Term Issuer Default Rating (IDR) and senior unsecured rating to 'B+' from 'B'. The Outlook on the Long-Term IDR is Positive. The Recovery Rating is 'RR4'.
The Kansanshi copper-gold mine was the company's flagship operation since 2005 for a number of years until FQM Trident' Sentinel Mine and Conbre Panama came into production. From its two open pits, the Kansanshi copper-gold reserve produces more copper than any other mine in Africa. Since production at Kansanshi commenced …
TORONTO, Dec. 01, 2022 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. ("First Quantum" or "the Company") (TSX: FM) has agreed with its partner, ZCCM Investments …
TORONTO, Dec. 01, 2022 (GLOBE NEWSWIRE) - First Quantum Minerals Ltd. ("First Quantum" or "the Company") (TSX: FM) has agreed with its partner, ZCCM Investments Holdings Plc ("ZCCM-IH"), to convert ZCCM-IH's dividend rights to a 3.1% revenue royalty. ZCCM-IH will continue to be represented on the Kansanshi Mining Plc ("KMP") Board to …
Kansanshi NI 43-101 Technical Report Highlights. Since the filing of the previous technical report with respect to the Kansanshi Operations in May 2015, the Company has expanded drilling coverage across the Kansanshi deposits, completing over 300 diamond drill holes and over 24,000 reverse circulation holes in four years.This has …
TORONTO, Jan. 16, 2023 (GLOBE NEWSWIRE) - In a release issued under the same headline earlier today by First Quantum Minerals Ltd. (TSX:FM), please note that in the "Gold" table of the "Production guidance by operation" section, the numbers on the "Cobre Panamá" line under "2023" should read "140 - 160" instead of "140 - 160 150". The …
The ZCCM-claims included $228million in interest on $2.3 billion of loans that ZCCM-IH claimed FQM wrongly borrowed from Kansanshi Copper mine and used the money as cheap finance for other ...
