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Deal #4755 Version #69269

Zambia

Created at

2015-08-28

Last update

2016-06-03

Last full update

2017-01-24

Land area

Intended size

7 000 ha

Size under contract (leased or purchased area)

[2001, current] 7000.0 ha

Comment on land area

Mining is carried out in two open pits, Main and Northwest. Four leases governing in excess of 7,000 hectares.

Intention of investment

[current] Mining

Nature of the deal

Exploitation permit / license / concession (for mineral resources)

Comment on nature of the deal

Multi-element soil sampling and geophysics around Kansanshi, including several under option agreements; resource drilling at Kansanshi in the dry season; and reconnaissance mapping and systematic geo-chemical sampling program.

Negotiation status

[2001, current] Concluded (Contract signed)

Comment on negotiation status

80% interest in Kansanshi from Cyprus Amax in August of 2001

Implementation status