Deal #4755

Zambia
Created at
2015-08-28
Last update
2017-01-24
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

Intention of investment
  • [current] Mining

Nature of the deal

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

Negotiation status
  • [2001, current] Concluded (Contract signed)
Comment on negotiation status
80% interest in Kansanshi from Cyprus Amax in August of 2001

Implementation status

Implementation status
  • [2005, current] In operation (production)

Contract farming

Contract farming
No