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A subsidiary of Metorex that was among the first mining companies to be privatised in 1997. Metorex acquired 85% of the shares with Zambia Consolidated Copper Mines-Investment Holdings (ZCCM-IH) holding the remaining 15%. The company currently operates its mining and processing activities at the Chibuluma South Mine which is located in Lufwanyama. Metorex is a wholly owned subsidiary company of the Jinchuan Group International Resources Company.
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Founded in 1996, this company's operating platform currently consists of seven mines and one copper smelter across six countries: Kansanshi mine in Zambia, Guelb Moghrein in Mauritania, Las Cruces in Spain, Pyhäsalmi in Finland, Ravensthorpe in Australia and Çayeli in Turkey. First Quantum Minerals is uniquely positioned with a successful exploration program, an industry-leading project development track record, tier-one operating assets, an attractive project pipeline and good investment opportunities.
Not verified
Lumwana Mining Company Limited (LMC), a copper mining company owned by Barrick Gold Corporation is situated in the North Western region of Zambia. The mine is a multi-pit, multi staged operation mining approximately 100 metric tonnes of ore and waste per annum and producing copper concentrates containing an average of 120,000 tonnes of copper metal per year over a twenty (20) year mine life, making Lumwana the largest single open cut copper mine in Africa.
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