Kansanshi mine
Copper and gold mine in North-Western, Zambia
From Wikipedia, the free encyclopedia
Kansanshi mine is a large open-pit copper and gold mine in Solwezi in the North-Western Province of Zambia. The mine is located 10 km north of the town of Solwezi. Kansanshi has one of the largest copper reserves in Zambia, with estimated reserves of 727 million tonnes of ore graded at 0.86% copper.[2][3]
- Kansanshi Mining Plc a JV between First Quantum Minerals and ZCCM Investments Holdings
| Location | |
|---|---|
| North-Western Province | |
| Country | Zambia |
| Production | |
| Products | Copper, Gold |
| Owner | |
| Company |
|
It is owned by First Quantum Minerals (FQM) (80%) and ZCCM Investments Holdings (20%). The mine is operated by Kansanshi Mining Plc.[4]
In May 2022, First Quantum approved a US$ 1.25 billion expansion of the mine following the host government's commitment to a predictable investing environment.[5]
In August 2022, FQM reported a 5.2% decline in Quarter on Quarter (QOQ) copper production at Kansanshi Mine. This was a decrease of 2,180 tonnes to result in copper production of 39,719 tonnes.[6]