First Quantum Drives Exploration in Zambia with strategic investment in Prospect Resources

First Quantum Minerals announces a strategic investment in Prospect Resources the Australian-based battery and electrification metals developer.   Prospect’s principal focus is advancing the Mumbezhi Copper Project in north-western Zambia, around 25km south-east of First Quantum’s Trident combined project (Sentinel and...

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KANSANSHI MINING REPORTS STRONG HALF-YEAR PERFORMANCE, DESPITE POWER CHALLENGES 

Higher copper prices and improved ore grades helped boost Kansanshi Mining’s financial performance for the first half of 2024, despite continued electricity challenges.  The company, which is a subsidiary of First Quantum Minerals (FQM), reported a net profit of US$117...

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FQM MAINTAINS PRODUCTION GROWTH IN Q3 

First Quantum Minerals maintained its trend of increasing production in the third quarter of 2023, propelled by the mining firm's execution of new agreements with the Zambian government in the previous year.  During the quarter, FQM marked a significant milestone...

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FQM COMMENCES NICKEL CONCENTRATE PRODUCTION AT ENTERPRISE  

Production of concentrate has begun at First Quantum Minerals’ new Enterprise nickel mine in Kalumbila, North-Western Province.  The first off-take comes a year after President Hakainde Hichilema commissioned the mine, launching Zambia’s journey to becoming a key player in the...

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