R/€ = 14.08 Change: 0.01
R/$ = 13.12 Change: 0.03
Au 1284.55 $/oz Change: -2.09
Pt 972.50 $/oz Change: -3.50


First Quantum evaluating alternative power options for Zambia mines

By: Samantha Herbst     26th January 2016 Providing an update on power supply to its Zambian operations, dual-listed base metals miner First Quantum Minerals noted on Tuesday that its Kansanshi mine and smelter, as well as its Sentinel project, in the North-Western province, were being consistently provided with a total of about 285 MW,... 

Sentinel development on track, as First Quantum takes steps to maintain financial stability

     6th October 2015 A stabilising electricity supply situation in Zambia is leaving dual-listed First Quantum Minerals hopeful that its Sentinel project will ramp up to commercial production by the end of this year. The project’s ramp-up had been affected by the limited power supply available in the country, as... 

Furnace cooling components supplied to Zambian smelter

By: Mia Breytenbach     11th September 2015 Foundry and engineering company Thos Begbie last month supplied new start-up face equipment to the new smelter of Canada-based First Quantum Minerals’ (FQM’s) Zambia-based Kansanshi copper mine. “The equipment supplied to the Isasmelt furnace includes copper-cooling components, cooling elements... 

Power restored to Zambian copper operation and development projects

     11th September 2015 Zambian State-run power company Zesco last month restored full power supply to base-metals miner First Quantum Minerals’ (FQM’s) Kansanshi copper operation and Sentinel project in Zambia. “This follows the receipt of notice of the declaration of force majeure for the supply of electricity from... 

Opportunities on the horizon for base metals – consultant

By: Ilan Solomons     14th August 2015 There has been a downturn in most base metal prices over the past five years, particularly copper, which is at its lowest level in six years, having traded at about $2.45/lb at the end of January this year. Geological, mining and environmental consulting services company The MSA Group principal... 

Zambia copper mine blast company’s biggest blast to date

By: Dylan Stewart     10th July 2015 Explosives supplier and service provider BME achieved its biggest blast to date in March at Kansanshi copper mine, in the north-west of Zambia, detonating 4 141 electronic delay detonators (EDDs) in a single blast in the operation’s north-west pit. 

Copper smelter refractory installation completed

By: Dylan Stewart     22nd May 2015 South African furnace and industrial service provider Dickinson Group successfully installed  

Infrastructure development to grow Zambia mining sector

     7th November 2014 Mine consultancy SRK Consulting states that the Zambian mining sector is headed for a growth phase owing to planned infrastructure improvements. According to SRK Consulting principal mining engineering consultant Boniface Mwila, mine expansion and new projects in Zambia are already reflected in... 

Zest Weg Group Supplies Generator Sets For Kansanshi Mine

     23rd June 2014 The ability to provide an engineered backup power supply solution that will ensure optimum reliability in a remote mining region secured Zest WEG Group a contract to supply containerised generator sets for First Quantum Mineral Ltd’s Kansanshi mine in Zambia. The contract award, which is for... 

First Quantum to upgrade smelter as Zambian smelting capacity dwindles

By: Henry Lazenby     10th December 2013 Canadian base metals producer First Quantum Minerals on Tuesday said it had decided to design and build an expansion to the 1.2-million-tonnes-a-year copper smelter and to defer completing the Kansanshi sulphide expansion until 2017, when the smelter expansion was expected to be complete. The... 

SA manufacturer delivers water-cooled components for Copperbelt mine

By: Zandile Mavuso     6th December 2013 Furnace component engineering and production company Thos Begbie has completed the manufacturing of water-cooled copper components for the Isasmelt furnace, based at TSX-listed First Quantum Minerals’ (FQM’s) Kansanshi mine on the Central African Copperbelt, in Zambia 

Refractory lining to be completed in June next year

By: Zandile Mavuso     13th September 2013 Mineral processing and mining services company Dickinson Group has been contracted to complete the refractory lining of all the smelting units at Toronto-listed company First Quantum Minerals’ (FQM’s) Kansanshi mine, in Zambia.  

Zambia’s economy set to grow by 8.1% in the next few years

By: Zandile Mavuso     13th September 2013 The completion of major copper mining projects in Zambia next year is expected to contribute to economic growth of 8.1% from 2014 to 2016, advisory firm KPMG states. 

Housing project at copper mine on budget and on time

By: Yolandi Booyens     29th March 2013 Construction company African Modular Building Solutions reports that it aims to complete a housing project for mining company First Quantum Minerals’ Kanshansi mine, by March 25, adding that the project is on budget and on time. The Kansanshi mine, the largest copper mine in Africa, is 80% owned... 

First Quantum approves $840m Zambia expansion projects

     12th December 2012 The board of Toronto-listed First Quantum has approved $840-million worth of expansion projects in Zambia, where it owns the Kansanshi copper/gold mine and Trident project. The company, whose C$4.86-billion offer for base metals miner Inmet was snubbed last month, said its board had approved the... 

Foreign investors welcomed by Zambian government to promote growth

By: Zandile Mavuso     14th September 2012 The Zambian government’s decision to privatise the ownership of mines has proven to be economically beneficial in improving the sustainability of the country’s copper mines, as foreign investments have elevated the recovery of Zambia’s mining sector. 

Power accord in hand, First Quantum green-lights Sentinel

By: Matthew Hill     9th May 2012 Days after warning of delays should they not be forthcoming, copper and nickel producer First Quantum said on Wednesday it reached agreement with the government over power tariffs for its $1.7-billion Sentinel project in Zambia. As a result, the LSE- and TSX-quoted miner’s board gave the copper... 

Lower output, prices knock First Quantum's Q1 profit

By: Matthew Hill     3rd May 2012 First Quantum, the Vancouver-based base metals producer, late on Wednesday reported a 42% drop in first-quarter adjusted profit to $119-million after copper production and prices fell from the levels seen in the same period in 2011. On a per share basis, the company made $0.25 in adjusted... 


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