HomeBase MetalsKansanshi production up nearly 20%

Kansanshi production up nearly 20%

The ore pile at
Solwezi, Zambia — MININGREVIEW.COM — 02 December 2009 – Kansanshi copper mine in north-western Zambia “’ 80%-owned by Toronto and London-listed First Quantum Minerals Limited “’ says it has raised production by 19% in the year to date.

The mine says in the third quarter of the year from July to September, it recorded a 15 per cent increase in production benefiting from increase copper concentrates and tolled cathodes output.

Kansanshi environmental manager, Richard Zyambo told a stakeholders meeting here that the mine had recorded a 61 300 tonnes production in the third quarter, compared to 53 400 tonnes. the same period last year. He added that the company envisaged the current levels of production would help the mine reach its expected 244 000 tonnage for this year.

“In the period under review, the average cost of production decreased by 28% in comparison to the third quarter of 2008. This can be attributed to the cost saving initiatives implemented in the fourth quarter of 2008, and lower oil and sulphur prices,” he said.

Zyambo said Kansanshi was undertaking monthly monitoring of major streams and rivers and that results were sent to the water affairs department in Solwezi, while monitoring in air quality was done to ensure control of emissions. He added Kansanshi would continue to adhere to its employment policy which did not discriminate on gender, creed, race or origin.

A total of 1 294 Zambians were employed at the mine, 511 of them from North-Western Province.