Search

Zambia’s First Quantum $1.25bn expansion to double copper output

Copper mine. Photo by Jandira Sonnendeck @ Unsplash
Copper mine. Photo by Jandira Sonnendeck @ Unsplash
  • First Quantum Minerals launches $1.25bn Kansanshi S3 project to raise annual copper production to 500,000 tonnes
  • Expansion extends mine life by two decades and is set to bolster Zambia’s export earnings

 

LUSAKA, ZAMBIA – Canadian miner First Quantum Minerals has commissioned a $1.25 billion expansion at its Kansanshi mine in Zambia that will nearly double copper production and extend the mine’s lifespan by 20 years.

Recent Business

Rwanda motorists Photo @ Pixabay
Rwanda holds 6.75% key rate as inflation eases
Read More »
Fresh lemons at the market. Photo by Engin Akyurt @ Unsplash
South Africa’s citrus exports soar 22% in record-breaking global season
Read More »
Abiy Ahmed and Vladimir Putin witness the signing of the deal. Image courtesy @ Office of the Prime Minister of Ethiopia.
Ethiopia signs key trade deals as WTO accession bid gathers momentum
Read More »

Recent Politics

Nnamdi Kanu (in trademark white turtle neck shirt) in court | File photo @ The Cable
Nigeria jails separatist leader Nnamdi Kanu for life, deepening tensions
Read More »
Fishing near the Indian Ocean. Photo by Egle Sidaraviciute @ Unsplash
Uganda’s Museveni sparks regional tensions with Indian Ocean claim
Read More »
Kenya's ODM split over age, factions and 2027 political strategy. Photo @ The ODM Party/Facebook
Can Oburu Oginga hold Kenya’s ODM together after Raila Odinga’s death?
Read More »

Latest Posts

Latest news insights