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History
History
December 2011
Achieved commercial operation at the Ravensthorpe nickel operation.
August 2011
Implemented a five-for-one stock split.
December 2010
Acquired Antares Minerals, which held the 100%-owned Haquira copper project in southern Peru.
August 2010
Shut down operations at the Frontier mine in the Democratic Republic of Congo ("DRC");initiated international arbitration proceedings against the government of the DRC.
February 2010
Acquired the Ravensthorpe nickel project, Australia.
February 2010
Increased ownership of the Guelb Moghrein copper-gold operation, Mauritania to 100%.
January 2010
Acquired Kiwara PLC which owned a controlling interest in mineral prospecting licenses on the periphery of the Kabombo Dome in the North Western Province, Zambia. Renamed the Trident project which comprises the Sentinel deposit and the Enterprise and Intrepid targets.
November 2009
Began development of the Kevitsa nickel-copper-PGE project, Finland.
September 2009
Suspended construction of the Kolwezi copper-cobalt project, DRC; initiated international arbitration proceedings against the government of the DRC.
August 2008
Curtailed open pit mining operations at the Lonshi copper mine in the DRC, due to the exhaustion of its oxide reserves.
June 2008
Acquired Scandinavian Minerals Limited which owned the Kevitsa project.
November 2007
Reached commercial production at the Frontier mine.
October 2006
Reached commercial production at the Guelb Moghrein mine.
May 2006
Acquired Adastra Minerals Inc which owned the Kolwezi project.
April 2005
Reached commercial production at the Kansanshi copper-gold mine, Zambia.
December 2004
Discovered the Fishtie copper deposit, Zambia.
July 2004
Acquired an 80% interest in the Guelb Moghrein deposit.
May 2004
Discovered the Frontier deposit.
August 2001
Acquired an 80% interest in the Kansanshi mine.
August 2001
Began operations at the Lonshi mine.
2000
Discovered the Lonshi copper deposit, DRC.
April 2000
Acquired, with Glencore, a 90% interest in Mopani Copper Mines, Zambia. Mopani's main assets are the Mufulira Division and the Nkana mine, concentrator and cobalt plant. The Company currently holds a 16.9% in Mopani Copper Mines.
March 1998
Completed construction of the Bwana copper cathode SX/EW tailings re-treatment and sulphuric acid plant, Zambia.
November 1996
Acquired the Bwana facility, Zambia.
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