Recent News

FQM royalties, dividends and taxes surge

First Quantum Minerals (FQM) has reaffirmed its commitment to transparency and sustainable development by announcing US$727.8 million of contributions to the nation in 2023. According to the company’s latest Tax Transparency and Contributions to Government Report, FQM’s contributions to the economy and local communities through its Kansanshi copper mine in …

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FQM heeds Presidential skills development call

First Quantum Minerals (FQM) has pledged its support for President Hakainde Hichilema’s call to advance skills development in mining communities to combat unemployment. President Hichilema urged mining companies like FQM, which operates Kansanshi mine in Solwezi and FQM Trident in Kalumbila, North-Western Province, to prioritise skilled locals for employment opportunities …

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Rich rewards result from investing in WearCheck’s training

Ensuring that condition monitoring customers whose maintenance staff undergo ongoing technical skills training earn significant returns from their investment into the training courses, is a priority for condition monitoring specialist company, WearCheck. Maintenance crew members can choose from more than 15 courses that are conducted by WearCheck’s experts in various …

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FQM CEO inspects progress of S3 expansion at Kansanshi

First Quantum Minerals Chief Executive, Tristan Pascall, has been on the ground at Kansanshi to inspect the progress the company is making with its S3 expansion project. Of a total investment commitment of US$1.25 billion, the majority of this is being spent this year to ensure the entire project is …

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FQM boost Solwezi cooperatives with K2.6M

First Quantum Minerals (FQM) has doubled the number of small business cooperatives it supports under its Tujipamo Community Project to empower entrepreneurs in the areas around its Kansanshi mine in Solwezi.  Some K2.6 million has been disbursed to 12 cooperatives this year, building on the support for six cooperatives last …

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Jubilee’s Strategic Copper Expansion in Zambia

A prominent player in metals processing across Africa, Jubilee, has shared the latest developments in its copper operations in Zambia. The company is strategically pursuing a significant expansion to achieve an initial target of 25,000 tonnes of copper per annum. This expansion encompasses both augmenting Jubilee’s copper resource base and …

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Winder Controls celebrates 50 years of innovation

Supporting innovation and focusing on agile provision of solutions to its clients has ensured the ongoing success of shaft-hoisting specialist Winder Controls. This has led to a large installed base in multiple countries, with significant growth from our humble beginnings 50 years ago, says MD Tim Keegan. Winder Controls is …

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CEC kick off key power infrastructure projects

CEC has announced that the company’s blueprint should deliver steady growth for the business over the coming years. Owen Silavwe, CEC Managing Director said government efforts to create a private sector-lead economy supports the company’s effective and efficient execution of its strategy. “The Group is in a much better position …

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$145 million investment set to strengthen CEC’s leadership in the African decarbonisation programme

Private equity firm Affirma Capital, development finance institution Norfund, and Norwegian pension fund Kommunal Landspensjonskasse (KLP) have invested $145 million in Zambian independent power producer and transmission company Copperbelt Energy Corporation (CEC). The aim is to build on CEC’s success by strengthening its leadership in the African decarbonisation programme, building …

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Commonwealth action group launched to help African countries cut methane emissions

A new action group intends to help Commonwealth countries, including African member states, rapidly cut emissions of the potent greenhouse gas methane as part of wider efforts to keep rising global temperatures within liveable limits. The country-led coalition was announced at a ministerial event on the margins of the United …

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