first quantum minerals drc

First Quantum Minerals Ltd. - Home

Unique expertise. We unlock value from complex mineral projects through management, technical and operating skills to deliver rewarding jobs for employees, sustainable development for local communities and returns for our shareholders.

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First Quantum Minerals - Wikipedia

First Quantum was founded in 1983 under the name Xenium Resources. It changed its name to Zeal Capital in 1989, First Quantum Ventures in 1993, and First Quantum Minerals in 1996. Its first significant operation was the Bwana Mkubwa mine in Zambia, acquired in 1996. In 2000, First Quantum acquired a partial interest in Mopani copper mines, a Zambian copper company. In 2001, it opened the Lonshi Copper Mine in the Democratic Republic of the Congo. Also in 2001, the company acquired the Kansanshi minei

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First Quantum settles Congo disputes for US$1.25-billion ...

Jan 05, 2012 · First Quantum settles Congo disputes for US$1.25-billion . Canadian miner First Quantum Minerals Ltd. has agreed to settle all its legal claims related to the Democratic Republic of Congo (DRC) in exchange for a massive payment of US$1.25-billion.

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First Quantum Out Of Luck In The DRC - The Northern Miner

A mining official in the Democratic Republic of the Congo (DRC) has stamped out any hope First Quantum Minerals (FM-T, FQVLF-O) may have had that it could bring its Kolwezi tailings project in the central African nation into production.. Deputy mines minister Victor Kasongo told a reporter at Bloomberg news agency in Kinshasa that the government’s decision last month to cancel the mining ...

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Kolwezi tailings project - Wikipedia

Nov 04, 2011 · Coordinates The Kolwezi tailings project is a major project in the Kolwezi mining area of the Democratic Republic of the Congo (DRC) to recover copper from the tailings, or processed ore, from mining in the region since the The project was developed by the Canadian mining companies Adastra Minerals and then First Quantum Minerals between 2004 and 2009, when the DRC government revoked First ...

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First Quantum Out Of Luck In The DRC - The Northern Miner

A mining official in the Democratic Republic of the Congo (DRC) has stamped out any hope First Quantum Minerals (FM-T, FQVLF-O) may have had that it could bring its Kolwezi tailings project in the central African nation into production.. Deputy mines minister Victor Kasongo told a reporter at Bloomberg news agency in Kinshasa that the government’s decision last month to cancel the mining ...

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First Quantum exits DRC with $1.25-billion settlement ...

Jan 05, 2012 · First Quantum Minerals Ltd. is closing a painful chapter of its history in Democratic Republic of the Congo (DRC) by selling its mines and settling all

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First Quantum sees DRC deal soon, cautious on M&A | Reuters

Feb 23, 2009 · First Quantum Minerals is optimistic that it is close to wrapping up talks with the Democratic Republic of Congo on a key mining contract, the

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First Quantum Minerals Ltd. - About Us - At a Glance

We have recorded many significant commercial and technical achievements over the past two decades as First Quantum has grown into one of the world's largest copper producers. From our initial operation reprocessing tailings facilities in Zambia, to the recently completed giant Cobre Panama operation, we have used our skills to discover, develop ...

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First Quantum to sell its DRC assets - The Northern Miner

Jan 05, 2012 · First Quantum Minerals (FM-T, FQM-L) is putting an end to its troubles in the Democratic Republic of the Congo (DRC) by agreeing to sell its DRC assets and drop any related legal claims for US$1.25 billion.. Integrated miner Eurasian Natural Resources (ENRC-L) will buy First Quantum’s Frontier and Lonshi copper mines, along with the Kolwezi tailings project and related

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FIRST QUANTUM MINERALS LTD (FM.TO) Stock Price, News ...

First Quantum Minerals Reports Fourth Quarter and Full Year 2020 Results (In United States dollars, except where noted otherwise) TORONTO, Feb. 16, 2021 (GLOBE NEWSWIRE) -- First Quantum Minerals

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How First Quantum recouped its seized mine - Canadian Business

Jan 19, 2012 · The price Vancouver-based First Quantum Minerals paid for resisting: the forcible seizure and resale of its properties in the country, including two operating mines and another on which construction was nearly complete. The DRC investigated First Quantum for what it called “suspected widescale misconduct.”

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Mining companies clash over Congo copper mine | Business ...

Sep 06, 2010 · Any dispute that First Quantum has is with the appropriate authorities in the DRC." Last month ENRC paid $175m (£113m) for mining assets in the DRC

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Mining industry of the Democratic Republic of the Congo ...

Since 2009, First Quantum Minerals and Heritage Oil plc, have had their mining permits revoked by the DRC government. First Quantum closed all its Congolese operations in 2010, and in concert with other stakeholders initiated international arbitration proceedings against the Congolese government.

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Congo sells share in former First Quantum DRC mines ...

Sep 16, 2011 · Lonshi copper mine in the DRC Kinshasa, DRC — MININGREVIEW.COM — 16 September 2011 – The Democratic Republic of Congo (DRC) state-owned miner has sold shares in the two copper projects formerly run by First Quantum Minerals Limited “’ currently operating the Kansanshi copper-gold mine in Zambia and the Guelb Moghrein copper-gold mine in Mauritania “’ to two British

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Congo seizes First Quantum Minerals’ assets | Financial Times

The Democratic Republic of Congo, the mineral-rich African country, has nationalised one of its largest copper mines and on Tuesday said it would investigate First Quantum Minerals, the Canadian ...

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DRC to audit First Quantum | Miningreview

Sep 01, 2010 · First Quantum’s Frontier copper mine in the DRC Kinshasa, DRC — MININGREVIEW.COM — 01 September 2010 – The government of the Democratic Republic of Congo (DRC) plans to begin an audit into the operations of Canadian-based exploration, development and mining company First Quantum Minerals Limited in the country, to examine suspected wide-scale

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First Quantum 'shaken down' in DRC - Miningmx

Jul 08, 2010 · [miningmx] — FIRST Quantum Minerals (First Quantum) has been the victim of a “classic shakedown’ in the Democratic Republic of Congo (DRC), according to UK institution Numis Securities. Despite the legal battles under way, Numis believed First Quantum shares were a buy at current levels of around ₤37.4.

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First Quantum Minerals' woes in the DRC continue | TSE:FQM

First Quantum Minerals (AIM: FQM, TSX-V: FM) said that the Supreme Court of the Democratic Republic of Congo rejected all arguments made by its subsidiaries Comisa SPRL and Frontier SPRL and ruled in favour of Societe de Developpement Industriel et Minister du Congo (SODIMICO), which requested the annulment of a letter of a former minister of mines to withdraw the exploration rights

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Congo sells share in former First Quantum DRC mines ...

Sep 16, 2011 · Lonshi copper mine in the DRC Kinshasa, DRC — MININGREVIEW.COM — 16 September 2011 – The Democratic Republic of Congo (DRC) state-owned miner has sold shares in the two copper projects formerly run by First Quantum Minerals Limited “’ currently operating the Kansanshi copper-gold mine in Zambia and the Guelb Moghrein copper-gold mine in Mauritania “’ to two British

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First Quantum says DRC shipments to Zambia halted | Reuters

Dec 12, 2007 · First Quantum Minerals said on Wednesday that shipments from two of its mines in the Democratic Republic of Congo, destined

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First Quantum Minerals suspends Kolwezi Tailings Copper ...

First Quantum owns and operates 80% of the Kansanshi copper-gold mine in Zambia ("a foundation asset"), 95% of Frontier in the DRC, the group's newest mine, 80% of the Guelb Moghrein gold-copper mine in Mauritania, 65% of the developing Kolwezi copper-cobalt project in the DRC, and, among other interests, exploration assets, including the ...

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First Quantum 'shaken down' in DRC - Miningmx

Jul 08, 2010 · [miningmx] — FIRST Quantum Minerals (First Quantum) has been the victim of a “classic shakedown’ in the Democratic Republic of Congo (DRC), according to UK institution Numis Securities. Despite the legal battles under way, Numis believed First Quantum shares were a buy at current levels of around ₤37.4.

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Mining companies clash over Congo copper mine | Business ...

Sep 06, 2010 · Any dispute that First Quantum has is with the appropriate authorities in the DRC." Last month ENRC paid $175m (£113m) for mining assets in the DRC

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DRC to audit First Quantum | Miningreview

Sep 01, 2010 · First Quantum’s Frontier copper mine in the DRC Kinshasa, DRC — MININGREVIEW.COM — 01 September 2010 – The government of the Democratic Republic of Congo (DRC) plans to begin an audit into the operations of Canadian-based exploration, development and mining company First Quantum Minerals Limited in the country, to examine suspected wide-scale

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DRC blocked copper shipments to Zambia - First Quantum

Democratic Republic of Congo (DRC) focused copper-miner First Quantum Minerals will soon begin transporting copper concentrate from its Frontier mine to smelter facilities in Zambia, after a ...

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First Quantum Minerals - Wikipedia

History. First Quantum was founded in 1983 under the name Xenium Resources.It changed its name to Zeal Capital in 1989, First Quantum Ventures in 1993, and First Quantum Minerals in 1996. Its first significant operation was the Bwana Mkubwa mine in Zambia, acquired in 1996. In 2000, First Quantum acquired a partial interest in Mopani copper mines, a Zambian copper company.

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First Quantum settles mining project dispute with ENRC and DRC

In January 2012, Canadian mining company, First Quantum Minerals (FQM), reached a global settlement with London-based Kazakhstan mining company, Eurasian Natural Resources Corporation Limited (ENRC), over the US$2 billion legal dispute involving Kolwezi copper project in the Democratic Republic of Congo (DRC).

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ENRC acquires First Quantum Minerals' DRC assets for $1.25 ...

Jones Day advised Eurasian Natural Resources Corporation PLC ("ENRC") in its $1.25 billion acquisition of the residual assets and settlement of all claims in relation to the Democratic Republic of Congo operations of First Quantum Minerals Ltd.

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First Quantum Minerals was Zambia’s largest taxpayer in ...

Zambia’s largest taxpayer, First Quantum Minerals (FQM), was responsible for more than a third of government income from the mining sector in 2015, accounting for K3.3 billion of revenue to the State. The company’s contribution to the nation’s coffers is expected to have risen further in 2016 with the increased copper production from its Sentinel ...

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First Quantum sees DRC ruling as retaliation to Kolwezi ...

Copper-miner First Quantum Minerals on Monday defended its mining rights for the Lonshi and Frontier copper mines, in the Democratic Republic of Congo (DRC), describing the latest challenge to its ...

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First Quantum Minerals vs. Eurasian Natural Resources Case ...

The case describes the battle between First Quantum and Eurasian Minerals in the mines in the Democratic Republic of Congo. After FQM operating license was revoked by the Government of the DRC, Eurasian bought the rights to the mines, which were previously under the control FQM in raising questions about the effectiveness of corporate governance in Eurasia.

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Senior Metallurgist- Gold Plant - Job by First Quantum ...

In March 2013, First Quantum Minerals acquired Inmet Mining Corporation, a Canadian-based mining company primarily producing copper and zinc from mines in Finland, Spain and Turkey, with also a major copper deposit under development in Panama, known as Cobre Panama. The combination of the First Quantum and Inmet assets has created one of the ...

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