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Deal #4763 Version #69312

Zambia

Created at

2015-09-09

Last update

2017-01-24

Last full update

2017-02-03

Land area

Intended size

230 000 ha

Size under contract (leased or purchased area)

[2011, current] 230000.0 ha

Comment on land area

Five large prospecting licenses.

Intention of investment

[current] Mining

Nature of the deal

Exploitation permit / license / concession (for mineral resources)

Comment on nature of the deal

Mining licenses for the Trident project were granted in April 2011

Negotiation status

[2010, current] Concluded (Contract signed)

Comment on negotiation status

The project has an estimated capital cost of $2bn. First Quantum acquired the project through the purchase of Kiwara in January 2010.

Implementation status

[2012] Startup phase (no production)
[2015, current] In operation (production)

Comment on implementation status