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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 …

Canadian mining giant First Quantum Minerals (FQM) has received expressions of interest from multiple parties seeking a minority stake in its Zambian copper operations, according to a recent Bloomberg report. This development comes as FQM seeks to bolster its finances following the closure of its flagship mine in Panama. “We’ve …

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 …

First Quantum Minerals (FQM), Zambia’s leading taxpayer, has expressed strong support for the Bank of Zambia’s Export Proceeds Tracking Framework. This initiative aims to ensure transparency in tracking foreign exchange earned from exports through local bank accounts. Implemented in January 2024, the framework requires exporters to link their export records …

Africa’s largest gold mine, Kibali, and the Autorite de Regulation de la Sous-Traisance dans le Secteur Prive (ARSP), the body which oversees the DRC’s sub-contracting sector, have agreed to collaborate on a range of local content initiatives. The partnership has been designed to increase the mine’s already extensive use of …