Kansanshi mine

Kansanshi mine is a large copper and gold mine located in Solwezi in the North-Western Province of Zambia. The mine is approximately 14 kilometers north the town of Solwezi. Kansanshi is one of the largest copper reserves in Zambia, with estimated reserves of 727 million tonnes of ore graded at 0.86% copper.[2][3]

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

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.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.