Kansanshi mine

Kansanshi mine
Location
North-Western Province
CountryZambia
Production
ProductsCopper, Gold
Owner
Company
[1]

Kansanshi mine is a large open-pit copper and gold mine in Solwezi in the North-Western Province of Zambia. The mine is located 10 km north of the town of Solwezi. Kansanshi has one of the largest copper reserves in Zambia, with estimated reserves of 727 million tonnes of ore graded at 0.86% copper.[2][3]

It is owned by First Quantum Minerals (FQM) (80%) and ZCCM Investments Holdings (20%). The mine is operated by Kansanshi Mining Plc.[4]

In May 2022, First Quantum approved a US$ 1.25 billion expansion of the mine following the host government's commitment to a predictable investing environment.[5]

In August 2022, FQM reported a 5.2% decline in Quarter on Quarter (QOQ) copper production at Kansanshi Mine. This was a decrease of 2,180 tonnes to result in copper production of 39,719 tonnes.[6]

See also

References

  1. ^ "Project - Kansanshi Copper Mine". Mining Technology. 24 February 2014. Retrieved 18 April 2022.
  2. ^ "Reserves & Resources". first-quantum.com. 2013. Retrieved 2013-06-21.
  3. ^ https://www.lusakatimes.com/2019/01/14/kansanshi-mine-management-reported-to-police-for-giving-false-information-to-a-publics-officer-over-jobsl/&hl=en-ZM | Zambia : Kansanshi Mine management reported to police for giving false information to a public officer over jobs
  4. ^ Business Excellence (February 2013). "First Quantum Minerals: Kansanshi Mining Plc". bus-ex.com. Retrieved 18 April 2022. {{cite web}}: |last= has generic name (help)
  5. ^ bloomberg (9 May 2022). "first-quantum-approves-1-25-billion-zambia-copper-expansion". bloomberg.com. Retrieved 9 May 2022.
  6. ^ copperbeltkatangamining (4 August 2022). "fqm-records-q2-reduction-in-copper-production-in-zambia". copperbeltkatangamining.com. Retrieved 4 August 2022.