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First Quantum Minerals

First Quantum Minerals is a Canadian mining and metals company focused on copper production, with significant operations across Africa and other regions. The company is headquartered in Vancouver, British Columbia, and is listed on the Toronto Stock Exchange. First Quantum operates large-scale copper mines and has established a substantial presence in Zambia and the Democratic Republic of Congo, where it runs major mining complexes including the Kansanshi and Sentinel copper mines in Zambia. The company also produces gold, nickel and other metals as by-products of its copper operations. First Quantum has grown to become one of the world's largest copper producers, with annual production exceeding 800 000 tonnes of copper. The company employs tens of thousands of people across its operations and has invested billions of dollars in African mining infrastructure. Its Zambian operations represent some of the country's most significant mining investments and contribute substantially to the national economy. First Quantum has faced regulatory challenges in some jurisdictions, including disputes over mining licences and tax arrangements. The company was founded in 1983 and has expanded through exploration, development and strategic acquisitions to build its current portfolio of operating mines and development projects.

First Quantum Minerals News


Raw copper produced in Zambia
Zambia extends duty-free copper concentrate export duty waiver amid smelter outages
3rd June 2026 By: Reuters

Zambia has extended the suspension of a 10% duty on copper concentrate exports to September 30, to help clear stockpiles of unprocessed material as the country's major smelters undergo extended... 


First Quantum discloses $3.46bn economic contribution in Zambia for 2025
First Quantum discloses $3.46bn economic contribution in Zambia for 2025
25th May 2026 By: Sabrina Jardim

Canadian miner First Quantum Minerals (FQM) has reported that it contributed $3.46-billion to the Zambian economy during 2025. The company’s latest yearly ‘Tax Transparency and Economic... 


An image of a mining operation
Strategic measures support Zambian mining evolution
8th May 2026

Supported by political will, robust legislation and increased investment, Zambia’s mining sector is experiencing significant growth, expanding its profile from a traditional mineral producer to... 


A Hitachi EH 4000 AC3 battery-electric haul truck drives up an incline
Zambian copper major eyes electric truck expansion
8th May 2026 By: Donna Slater

Following trials of a prototype battery-electric, ultra-class rigid-frame dump truck that started in June 2024, copper major First Quantum Minerals (FQM) is targeting having the first commercial... 


Raw copper produced in Zambia
KoBold starts work on Zambian copper mine
30th April 2026 By: Bloomberg

KoBold Metals, the exploration company backed by billionaires including Bill Gates and Sam Altman, officially broke ground on what will be Zambia’s biggest copper mine as the global hunt for... 


An image of Shuka CEO Richard Lloyd
Shuka appoints drilling contractor, starts exploration programme at Kabwe
29th April 2026 By: Tasneem Bulbulia

Aim- and JSE-listed Shuka Minerals has appointed Ox Drilling as the drilling contractor for the Phase 1 drilling programme at the Kabwe zinc mine, which is managed by Shuka’s Zambian operating... 


First Quantum Minerals CEO Tristan Pascall
First Quantum posts Q1 loss, increases full-year copper guidance
29th April 2026 By: Marleny Arnoldi

TSX-listed First Quantum Minerals has posted a net attributable loss to shareholders of $196-million, or $0.24 apiece, for the three months ended March 31. On an adjusted basis, the company... 


Image of Argentina flag and periodic table for copper and gold
Taca Taca copper/gold project, Argentina
24th April 2026 By: Sheila Barradas

Global copper company First Quantum Minerals has described Taca Taca as one of the world’s premier undeveloped copper assets. The project has an estimated mineral reserve of 1.99-billion tonnes at... 


Copper smelting
Zambia's copper smelters plan extended shutdowns, squeezing output and chemical supplies
20th April 2026 By: Reuters

Two of Zambia’s largest copper smelters and sulphuric acid producers will shut for extended maintenance later this year, two industry sources said, further squeezing copper output and supplies of... 


First Quantum, Hitachi launch world’s first battery-electric mining truck in Zambia mine
First Quantum, Hitachi launch world’s first battery-electric mining truck in Zambia mine
16th April 2026 By: Sabrina Jardim

Canadian miner First Quantum Minerals (FQM) has partnered with Hitachi Construction Machinery to commission the world’s first ultralarge battery-electric mining truck at its Kansanshi copper and... 


Barrick CEO Mark Hill
Barrick willing to shuffle assets as it eyes North American spinoff
9th April 2026 By: Bloomberg

Global miner Barrick Mining Corporation plans to reduce its exposure to higher-risk jurisdictions and signaled openness to top-tier acquisitions, as it prepares to spin off its prized North... 


First Quantum's Cobre Panamá mine
Panama govt greenlights 38Mt stockpile movement from suspended First Quantum mine
8th April 2026 By: Marleny Arnoldi

The government of Panama has formally approved the removal, processing and export of stockpiled ore from First Quantum Minerals’ Cobre Panamá copper mine that was extracted prior to the suspension... 


Panama to authorise removal of material from First Quantum copper mine
Panama to authorise removal of material from First Quantum copper mine
7th April 2026 By: Reuters

Panama's government aims to finalize a resolution by Tuesday authorizing the removal of material from First Quantum Minerals' shuttered copper mine known as Cobre Panama, the country's Trade... 


First Quantum to sell Türkiye mine for $340m
First Quantum to sell Türkiye mine for $340m
12th March 2026 By: Mariaan Webb

Canada-based First Quantum Minerals will sell the Çayeli mine in Türkiye to Cengiz Holding for $340-million in cash, as part of its portfolio optimisation strategy. The buyer, through its... 


Zambian Mines Minister Paul Kabuswe
Zambia seeking global investors to help triple copper output by 2031
11th March 2026 By: Reuters

Zambia is courting global investors, including from the US, as it aims to more than triple its copper output to three-million metric tons by 2031, its mines minister said on Tuesday. Africa's... 


First Quantum Minerals eyes $5bn Argentina copper mine
First Quantum Minerals eyes $5bn Argentina copper mine
23rd February 2026 By: Mariaan Webb

Canadian miner First Quantum Minerals has outlined plans for a potential $5-billion development at its 100%-owned Taca Taca project, positioning the asset as its next major copper growth project as... 


FQM's Kansanshi mine, in Zambia
FQM, Anzana Electric Group partner to build up to 50 MW of baseload hydropower in Zambia
12th February 2026 By: Sabrina Jardim

Canadian miner First Quantum Minerals (FQM) and electric utility company Anzana Electric Group have announced a strategic collaboration to develop new hydropower generation projects in northern... 


First Quantum backs Panama's plan to allow stockpile processing at shut copper mine
First Quantum backs Panama's plan to allow stockpile processing at shut copper mine
16th January 2026 By: Reuters

Canadian miner First Quantum Minerals on Thursday welcomed Panama President Jose Raul Mulino's plan, announced early this month, to allow the removal and processing of stockpiled ore at its... 


An image of the Sentinel mine
First Quantum introduces automated drilling technology to Zambian operation
18th December 2025 By: Tasneem Bulbulia

Metals and mining company First Quantum Minerals is introducing new automated drilling technology at its Sentinel mine, in Kalumbila, marking the deployment of this advanced system in Zambia. The... 


An image of the Kansanshi operation
First Quantum backs measures to up local participation in Zambia’s mining sector
17th December 2025 By: Tasneem Bulbulia

TSX-listed copper, nickel and gold producer First Quantum Minerals has expressed its support for newly gazetted regulations aimed at increasing local participation in Zambia’s mining sector,... 


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pqt: 0.023s - ct: 0.064s - 105pq - 2rq
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