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Reserves & Resources
Kansanshi Reserves & Resources Home Our Operations Operating Mines Kansanshi Reserves & Resources TSX:FM 27.96 -0.02 (-0.07%) Mineral Resources The …
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First Quantum looks to long term renewable wind and solar …
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 …
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Plant Mechanical Engineer | Mining Career at FQM, Kansanshi…
Requisition Number: JR195 | Country: Zambia | Contract Type: On-going | Location: Solwezi | Categories: Engineering Apply now. Overall Job Purpose: This role will be responsible for assisting in establishing of preventative and responsive Mechanical maintenance and development within the process area and across the Process Plant …
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First Quantum Minerals Consolidates Operations at …
First Quantum Minerals has announced a merger of the services currently provided by its own mining division (FQMO) and that of Kansanshi Mining Plc (KMP) …
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Zambia-FQM: Swapping dividend rights for royalties fuels …
ZCCM-IH, Zambia's holding company that holds stakes in privately-owned large-scale copper mines, says it has agreed to convert its dividend rights in Kansanshi Mine – majority-owned by First Quantum Minerals (FQM) – to a 3.1% revenue royalty. The move is expected to end a years-long dispute with the Vancouver-based mining giant.
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FQM's Kansanshi S3 mine expansion back on track
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 …
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FQM consolidates its Kansanshi mining operations
First Quantum Minerals (FQM) has announced intentions to consolidate the company's road and earthworks division, mining divisions and related supporting services …
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First Quantum Minerals Ltd.
1133 Melville Street Suite 3500, The Stack Vancouver, BC Canada, V6E 4E5. Tel: +1 416 361 6400 Toll Free: +1 877 961 6400 Fax: +1 416 368 4692
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Zambia : FQM consolidates ts Kansanshi mining …
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)...
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Construction Machinery and First Quantum Minerals …
A proof of concept ("POC") will be implemented as part of the LOI; Construction Machinery supplying the first of its full battery, rigid frame dump trucks ("battery dump truck") fitted with an ABB Ltd ("ABB") battery, on-board charger and associated infrastructure by the end of FY2023 for technological feasibility trials at First Quantum's …
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BUSINESS REVIEW —Privatization 2.0: Why ZCCM-IH Royalty deal with FQM
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.
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First Quantum Minerals Ltd.
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.
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Kansanshi Mining : Copper Leading the Way | Mining Outlook
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 …
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FQM's Kansanshi Set for Season 3 Expansion Works
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 Kansanshi Operations located in the North West Province, Zambia (the "Kansanshi Technical Report").The updated Kansanshi …
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First Quantum Minerals Ltd.
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 …
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First Quantum Minerals Ltd.
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 …
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Zambia : Police inaction seriously harms the interests of …
Through its subsidiary Kansanshi Holdings Limited, First Quantum Minerals Ltd is the majority shareholder in Kansanshi Mining Plc."(1) – January 4, 2020, we learned that ZCCM-IH's complaint ...
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Zambia: First Quantum Minerals wins arbitration award …
Financial statements from Canadian-based First Quantum Minerals (FQM) show that Zambia's largest miner was issued an arbitration award for its Kansanshi mine subsidiary in a case against national utility Z.. The arbitral award was made in November by a court in the United Kingdom, FQM revealed in its 2021 consolidated …
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Zambia : FQM consolidates ts Kansanshi mining …
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 ...
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First Quantum to move ahead with $1.2bn Kansanshi mine …
First Quantum Minerals gets board approval for S3 expansion and Enterprise project. (Credit: swm/Freeimages) First Quantum Minerals said that its board of directors has sanctioned the $1.25bn S3 expansion at the Kansanshi copper-gold mine as well as the $100m Enterprise nickel project, both located in Zambia.
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Fitch Upgrades First Quantum to 'B+'; Outlook Positive
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'.
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First Quantum Minerals approves $1.25 billion mine …
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 ...
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First Quantum plans to expand operations at …
Canadian company First Quantum Minerals (FQM) has announced its plans to expand operations at the Kansanshi mine in Zambia. The Kansanshi mine is one of the largest copper mines in the …
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Kansanshi Mining Plc : Copper Leading the Way
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 …
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Why ZCCM-IH Royalty deal with FQM is not in Zambia's…
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.
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First Quantum Minerals : Files Updated NI 43-101 for Kansanshi
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 …
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First Quantum Minerals Files Updated NI 43-101 for Kansanshi
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 ...
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First Quantum Minerals Ltd (FQM) Jobs in Zambia Jobs
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 ...
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Zambia : Privatization 2.0: Why ZCCM-IH Royalty deal with FQM …
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 ...
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Zambia's Advanced, World-Class Copper Smelter in Action
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.
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