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TORONTO, Dec. 01, 2022 (GLOBE NEWSWIRE) - First Quantum Minerals Ltd. ("First Quantum" or "the Company") (TSX: FM) has agreed with its partner, ZCCM Investments Holdings Plc ("ZCCM-IH"), to convert ZCCM-IH's dividend rights to a 3.1% revenue royalty. ZCCM-IH will continue to be represented on the Kansanshi Mining Plc ("KMP") Board …
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P rogress has been the name of the game at Kansanshi copper mine this month, where the first in a fleet of 36 new trucks has just been put into commission. It's a EH4000 (RD170) dump truck, and these beasts mean business! Each truck has a payload capacity of 220 metric tonnes, meaning that it can carry up to around 50 African …
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The success in making Kansanshi work was "exported" to Australia. In 2004 BHP Billiton started construction of a US$2.2 billion nickel mine but quickly closed the plant down in January 2009, after less than a year of operation. The mine was put up for sale later that year and bought by First Quantum for US$340 million.
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Safety Manager · I am currently Safety Manager for Kansanshi Mining PLC, driving a positive safety culture alongside fellow leaders in various teams across the business.I started my professional journey with a degree in Chemical Engineering and gained experience in a range of positions at various mines producing different …
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Kansanshi Mining PLC has announced its upcoming S3 expansion project that is set to significantly increase copper production at the mine. Anthony Mukutuma, General Manager at Kansanshi Mine, has said the expansion will nearly double annual copper production from its current output of 150,000 tonnes to 280,000 tonnes by 2026.
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As part of its 2023 Preliminary Production and 2024-2026 guidance issued on Monday, First Quantum Minerals Ltd has reiterated its commitment to delivering the 'S3 Expansion' project at the Kansanshi mine, near Solwezi, North-Western Province. The announcement was made as part of a stock market announcement providing guidance …
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KANSANSHI MINING ARE LEADING THE WAY . Today, Kansanshi operates in Zambia as Africa's largest copper provider in the region's mining industry. It is the company's forward-thinking and people-centric mentality that stands it apart from others in the sector, leading through a mixture of expertise and perseverance.
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In May 2022 First Quantum reinforced its commitment to Zambia by investing US$1.25 billion in the Kansanshi mine, the largest investment into the Zambian mining industry in recent years. Known as the 'S3 Expansion', this investment expands the pit and the mining fleet that services it. To handle the increased volumes of ore that will be ...
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The smelter played a key role in Kansanshi's excellent 2016 financial results, when the mine produced some of its best quarterly production figures and again emerged as the mining industry's largest taxpayer – contributing $168 million (K1.75 billion) in 2016 in Mineral Royalty Tax and corporate income tax.
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SOLWEZI, ZAMBIA – Anthony Mukutuma has been appointed general manager of First Quantum Minerals' multi-million-dollar Kansanshi Mine in Solwezi District of North Western Province.. He is the first Zambian to hold such a post at Kansanshi, which is the largest copper mine in Africa by production. Mr Mukutuma has 20 years of …
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Processing wise, the Kansanshi S3 expansion project is an expansion to the existing sulphide processing facilities.The expansion includes the construction of a stand-alone copper concentrator capable of treating an additional 25 Mt/y of sulphide ore, and an overland conveyor from a near-mine surface transfer bin receiving crushed ore …
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First Quantum Minerals Announcement in Respect of Kansanshi Mining Plc Back to video "We are pleased to enter into this new arrangement for the benefits flowing from the Kansanshi mine. The updated arrangement ensures alignment between both First Quantum and ZCCM-IH going forward, including the delivery of the S3 Expansion …
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Kansanshi Mining Plc (KMP) had sales revenue of K15.66 billion (US$1.64 billion) [(2016: K 14.51 billion US$1.5 billion)] for the financial year ended 31st December 2017. Gross profit of K6,263.65 million (US$656 million) was higher than that the K1,929.18 million (US$188 million) reported in 2016 on a combination of the increase in sales ...
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FQM's Kansanshi Mining PLC emerged victorious as the 2024 First Aid National Champions after a closely contested competition at the Zambia National Intercompany First Aid Competition. The prestigious event, held under the theme "First Aid for Life", saw participation from 26 mining companies and contractors. Kansanshi Mining PLC …
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From its two open pits, the Kansanshi copper-gold mine, produces more copper than any other mine in Africa. The S3 Expansion project received Board approval in May 2022. The S3 Expansion is expected to transition Kansanshi away from the current, more selective high-grade, medium-scale operation to a medium-grade, larger-scale mining operation.
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