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Who is the owner of First Quantum Minerals?

Posted on July 31, 2022 by David Darling

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  • Who is the owner of First Quantum Minerals?
  • How many mines are in Solwezi?
  • Who owns the copper mines in Zambia?
  • What is the largest mining company in Zambia?

Who is the owner of First Quantum Minerals?

Philip Pascall
Philip Pascall co-founded First Quantum Minerals in 1996 and has served as its CEO and Chairman ever since. He retires as one of the longest-serving CEOs among the world’s major mining companies.

Is First Quantum a Canadian company?

First Quantum Minerals is a Canadian-based mining and metals company whose principal activities include mineral exploration, development and mining. Its main product is copper, which accounts for 80% of revenues as of 2016.

How many mines are in Solwezi?

three Solwezi mines
Today, with all the three Solwezi mines in their production phase, it seems unlikely that mining is improving livelihoods in the way that the local population expected.

What does Quantum Minerals Corp do?

QMC Quantum Minerals Corp. engages in the acquisition, exploration, and development of natural resource properties. The company’s focus is to create shareholder value through strategic acquisition and development of lithium, silver, gold, nickel, copper, and zinc prospects.

Who owns the copper mines in Zambia?

Mopani Copper Mines PLC (“Mopani”) is a Zambian registered company 100% owned by ZCCM Investment Holdings….Mopani Copper Mines Plc.

Type Public Company
Website N/A

Who owns mines in Zambia?

Kansanshi Mine and Kansanshi Copper Smelter

Year Opened Current Owner(s) Construction / Acquisition Cost
2004* 2015** First Quantum Minerals (FQM) 80% ZCCM Investments Holdings (ZCCM-IH) 20% US$250 million* US$900 million**

What is the largest mining company in Zambia?

Konkola Copper Mines (KCM) is the largest copper mining company in the country. Although based in Chingola, 15% of its operations—namely Nkana Refinery, Nkana Acid Plants and Nkana Smelter (the largest smelter in the nation) — are located in Kitwe.

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