Cashu Logo
HomeWatchlistNewsSignalsPicks
DJI
+0.89%
SPX
+0.96%
IXIC
+0.94%
FTSE
-0.19%
N225
+1.10%
AXJO
+0.97%
Cashu Logo
Log In
HomeWatchlistNewsSignalsPicks

First Quantum Minerals Ltd. Drives Zambia's Mining Future at AMW 2025 Conference

publisher logo
Cashu
2 days ago
Cashu TLDR
  • First Quantum Minerals will participate in AMW 2025 to discuss enhancing Zambia’s mining landscape and global partnerships.
  • The company aims to produce 190,000 tons of copper and 110,000 ounces of gold in 2025.
  • Ongoing expansion projects will strengthen First Quantum's role in meeting Zambia's ambitious copper production goals by 2031.
fm.to Logo
FM.TO
First Quantum Minerals Ltd
2.25%

First Quantum Minerals Shapes Zambia’s Mining Future at AMW 2025

First Quantum Minerals Ltd continues to assert its leadership in the mining sector as it prepares for its participation in the African Mining Week (AMW) 2025 conference, scheduled for October 1-3 in Cape Town, South Africa. Godwin Beene, the company's Zambian Country Manager, is set to join a pivotal panel discussion titled "Zambia: Accelerating Exploration and Development Through License Allocation and Global Partnerships." This forum provides a strategic platform for First Quantum to articulate its vision and strategies for fortifying Zambia's mining landscape, especially in light of the country's ambitious goal to elevate copper production to three million tons annually by 2031.

Beene's insights at AMW 2025 will be particularly relevant as Zambia seeks to attract global investments necessary for this growth. First Quantum is already making significant strides in production, reporting an impressive 46,544 tons of copper from its Kansanshi Mine in the first quarter of 2025. The company aims for a full-year production target of 190,000 tons of copper and 110,000 ounces of gold. Moreover, the ongoing Kansanshi S3 Expansion Project is expected to enhance production capabilities, introducing an expanded mining fleet and a new processing plant, and extending the mine's operational lifespan until 2040. This expansion not only positions First Quantum as a key player in meeting Zambia’s production goals but also reflects its commitment to sustainable mining practices.

Additionally, the Sentinel Mine is on track to bolster its output, having produced 46,361 tons of copper in the same quarter, with aspirations to reach 230,000 tons by year-end. The Enterprise Nickel Mine has also shown promising growth, increasing nickel production by 25% to 4,649 tons in Q1 2025 and targeting 25,000 tons by the end of the year. Beene’s participation in the AMW conference will facilitate vital discussions among industry leaders, government officials, and potential investors, highlighting First Quantum’s role in not just advancing its own production capabilities but also in contributing to the overall growth of Zambia’s mining industry.

In line with the conference’s theme, "From Extraction to Beneficiation: Unlocking Africa's Mineral Wealth," First Quantum's commitment to fostering global partnerships and enhancing exploration and development in Zambia is crucial. The company's ongoing projects and production targets underscore its integral role in driving both economic growth and sustainable development within the region's mining sector. First Quantum Minerals is poised to lead the charge in transforming Zambia into a mining powerhouse.

The content provided here is for informational purposes only and should not be considered financial or investment advice. Investing in stocks carries risks, including potential loss of principal. Always do your own research and consult with a licensed financial advisor before making any investment decisions. We are not responsible for any losses or damages resulting from your use of this information.

More News

Feature in Progress
This section is under development. Check back soon for updates!
Join our newsletter to keep up to date with us!
Cashu Logo Alt
Cashu is the #1 way to stay ahead of the markets, know why your favourite stocks are moving and access valuation signals that smash the market.

Company

  • About Us
  • Careers
  • Blog
  • News

Help & Support

  • Help Center
  • Contact Us
  • Pro Support

Legal

  • Privacy Policy
  • Terms of Use
InstagramYouTube

© 2024 Cashu PTY LTD.