First Quantum Minerals is on course to deliver the S3 Expansion project at the Kansanshi mine near Solwezi, Zambia.
The S3 Expansion project extends the pit and mining fleet.
To meet the increasing ore levels, the development comprises a new processing plant and a $115-million smelter expansion to promote Zambia's goal of adding value to minerals.
The project will restore the mine to peak production and extend Kansanshi's lifespan to the 2040s by mid-2025.
First Quantum invested $1.25-billion in the Kansanshi mine in May 2022, which demonstrated its commitment to Zambia.
In 2022, First Quantum pledged to finish the Enterprise nickel mine near Kalumbila, North-Western province.
First Quantum predicts that the Enterprise mine will be a top-ten worldwide nickel mine, producing 30,000 tonnes per year of nickel in concentrate, making Zambia Africa's top nickel producer.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished
