FM TSX: Last: $ 19.99 -0.81 -3.89% Volume: 1,869,436 15-20 min delay 05-25-2018 04:00 PM
Our-Company
Our Company

History

  • November 1996 Acquired the Bwana Mkubwa mining license, Zambia.
  • March 1998 Completed construction of the Bwana Mkubwa copper cathode SX/EW tailings re-treatment and sulphuric acid plant.
  • 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.
  • 2000 Discovered the Lonshi copper deposit, Democratic Republic of Congo ("DRC").
  • August 2001 Began operations at the Lonshi mine.
  • August 2001 Acquired an 80% interest in the Kansanshi mine, Zambia.
  • May 2004 Discovered the Frontier deposit, DRC.
  • July 2004 Acquired an 80% interest in the Guelb Moghrein deposit, Mauritania.
  • December 2004 Discovered the Fishtie copper deposit, Zambia.
  • April 2005 Reached commercial production at the Kansanshi copper-gold mine.
  • May 2006 Acquired Adastra Minerals Inc which owned the Kolwezi project, DRC.
  • October 2006 Reached commercial production at the Guelb Moghrein mine.
  • November 2007 Reached commercial production at the Frontier mine.
  • June 2008 Acquired Scandinavian Minerals Limited which owned the Kevitsa project, Finland.
  • August 2008 Curtailed open pit mining operations at the Lonshi copper mine in the DRC, due to the exhaustion of its oxide reserves.
  • September 2009 Suspended construction of the Kolwezi copper-cobalt project; initiated international arbitration proceedings against the government of the DRC.
  • November 2009 Began development of the Kevitsa nickel-copper-PGE project.
  • 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. Since renamed Trident, it includes Sentinel, the Enterprise project and Intrepid target.
  • February 2010 Acquired the Ravensthorpe nickel project, Australia.
  • February 2010 Increased ownership of the Guelb Moghrein copper-gold operation to 100%.
  • August 2010 Shut down operations at the Frontier mine; initiated international arbitration proceedings against the government of the DRC.
  • December 2010 Acquired Antares Minerals, which held the 100%-owned Haquira copper project, Peru.
  • August 2011 Implemented a five-for-one stock split.
  • December 2011 Achieved commercial operation at the Ravensthorpe nickel operation.
  • August 2012 Achieved commercial operation at the Kevitsa nickel-copper-PGE min.
  • March 2013 Acquired Inmet Mining Corporation, a Canadian-based global mining company that produced copper and zinc and held an 80% indirect interest in the Cobre Panama project, Panama.
  • August 2014 Acquired Lumina Copper Corporation which owned the Taca Taca copper deposit, Argentina.
  • July 2015 Achieved commercial operations at the Kansanshi copper smelter.
  • May 2016 Ceased trading on the London Stock Exchange.
  • June 2016 Sold the Kevitsa mine.
  • November 2016 Achieved commercial operations at the Sentinel mine.
  • October 2017 Placed the Ravensthorpe operation on care and maintenance due to low nickel prices.
  • November 2017 Increased indirect ownership in Cobre Panama from 80% to 90%.