The vision is bold: three million tonnes of copper a year by 2032. But as Zambia’s mining sector races toward this target, First Quantum Minerals (FQM) Country Director Anthony Mukutuma warns that ambition must be matched by strategy. At...
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First Quantum Minerals (FQM) is investing in Zambia’s energy infrastructure to help the nation achieve its ambitious target of 3 million tonnes of annual copper production. The company emphasised that expanding generation capacity and modernising transmission systems are essential not...
President Hakainde Hichilema has officially commissioned the S3 Expansion Project at First Quantum Minerals’ subsidiary, Kansanshi Mining PLC, marking a pivotal moment for Zambia’s mining sector and its broader economic recovery, anchored by a US$1.25 billion investment, the largest...
The development of First Quantum Minerals’ Kansanshi S3 expansion project in North-Western Province is nearing completion, with first copper production forecast for the second half of this year. The update comes as FQM announced its global financial and operating results...
First Quantum Minerals (FQM) has been recognised as Zambia’s best mining investor at the landmark Invest Zambia International Conference (IZIC). The award recognises the company's significant and sustained investment in Zambia's mining sector and its commitment to the nation's...
After more than 15 years of anticipation, the Kashime Copper Mine project, located in the Upper Lusemfwa area of Mkushi District, has officially received authorisation to commence mining operations. The milestone marks a significant step forward for Zambia's mining...
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...
First Quantum Minerals (FQM) joined mining industry leaders from around the globe in Cape Town this week to reinforce its commitment to Zambia and support the government’s vision of producing 3 million tonnes of copper a year.
First Quantum Minerals (FQM) has reported a 13 percent increase in copper production for the third quarter of this year, accompanied by a doubling of income tax payments globally. Production at the company’s Kansanshi mine in Solwezi rose to...
A strong and vibrant local capital market is essential to attract foreign institutional investors to Zambia's mining sector, said Norman Mbazima, senior Anglo American executive for the last 20 years and Chairman of Anglo American Platinum.