Sentinel mine
Location
North-Western Province
CountryZambia
Production
ProductsCopper
Production300,000 tons/year
History
Opened2015
Owner
CompanyFirst Quantum Minerals

The Sentinel mine is a large copper mine located in north-west Zambia in North-Western Province, part of FQM Trident Ltd.[1]

The mine is owned and operated by Canadian-based First Quantum Minerals, which purchased the rights to the project in 2010,[2] Construction began in June 2012, and the first product was extracted in August 2015, though full-scale production did not begin until November 2016.[3][4] The mine cost about $2.3 billion to build, and employs about 6,000 people.[4][3]

Sentinel mine has a single reserve of copper ore, measuring an estimated 1.03 billion tons of ore with a copper content of 0.51%, or about 5.2 million tons of pure copper.[2] It is expected to yield about 300,000 tons of copper concentrate annually over a 15-year productive lifespan.[2]

References

  1. ↑ "Reserves & Resources". first-quantum.com. 2013. Retrieved 2013-06-21.
  2. 1 2 3 "First Quantum says new Zambia mine, smelter to cost $2.4bn". Mining Weekly. 26 March 2012. Retrieved 19 November 2018.
  3. 1 2 "First Quantum Minerals launches $2.1 bln Zambia copper mine". Reuters. 28 August 2015. Archived from the original on August 31, 2015. Retrieved 19 November 2018.
  4. 1 2 "Countries Push to Extract More Cash from Big Mining Companies". The Wall Street Journal. 18 November 2018. Retrieved 19 November 2018.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.