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Mining & Energy
In 2010 Equinox was involved in a couple major
transactions. It first acquired the Jabal Sayid cop-
per-gold-silver project 350 km from Jeddah, Saudi
Arabia, capable of producing 2.6 million tons of
ore per year. It also recently launched a 4.8 bil-
lion USD hostile takeover bid for copper producer
Lundin Mining.
In April 2011, Equinox rejected a takeover offer by
China Minmetals, but later accepted a bid by Bar-
rick Gold. On April 25, 2011, Barrick Gold Corpora-
tion announced the acquisition of Equinox for 7.69
billion USD.
Currently, the region contains one of the world’s
largest copper-cobalt deposits. Through Liontown
Resources Limited and Alturas Minerals Corp., the
company has gold and copper-gold exploration in-
terests in Peru and Australia.
The Lumwana project, which has enough reserves
to be productive for 37 years, cost the company
one billion dollars to develop. In Zambia it has
been credited with supporting social development
through projects which aim to build schools, at-
tracting professionals to areas around its mine
sites.
First Q
uantum
Mineral
s Limited
General Chinkuli
Chairman of the Board
P.O. Box 71785, Ndola
Tel: +260 211 265 940
Fax: +260 211 655 399
A
c
tiv
ity: M
ining
&
M
etal
s
F
ounded in: 1
9
8
3
First Quantum Minerals Ltd. is an established
and rapidly growing mining and metals company
producing copper, nickel, gold, zinc, and platinum
group elements.
The company’s assets are located in Zambia,
Spain, Mauritania, Australia, Finland, Turkey, Pan-
ama, Peru, and Argentina.
In 2014, First Quantum produced 427,655 tonnes
of copper, 45,879 tonnes of nickel, 229,813 ounc-
es of gold, 55,980 tonnes of zinc, and 60,080
ounces of platinum group elements.
Following its acquisition of Inmet Mining in March
2013, the company now operates seven mines,
namely the Kansanshi copper-gold mine, the
Guelb Moghrein copper-gold mine, the Las Cruces
copper mine, the Kevitsa nickel-copper-PGE mine,
the Pyhä
salmi copper-zinc mine, the Ravensthor-
pe nickel-cobalt mine, and the Ç
ayeli copper-zinc
mine.
Gemfiel
ds Pl
c.
Sean Gilbertson
Executive Officer
Tel: +260 212 251 179
A
c
tiv
ity: M
ineral
s
F
ounded in: 2
0
0
5
Gemfields is the world’s leading supplier of respon-
sibly sourced, colored gemstones. The company
specializes in high-quality emeralds and amethysts
from Zambia and, more recently, rubies from Mo-
zambique.
Its assets in Zambia include a 75 percent interest
in the Kagem emerald mine, which covers an area
of almost 41 square kilometers.
High-quality Zambian emeralds are its specialty,
although the company also produces Zambian am-
ethysts and rubies from Mozambique. Gemfields
does so ethically, sustainably, and transparently.
Its direct involvement in each step of the process
from mine to market is unique and allows them to
guarantee the provenance of every one of its gem-
stones.
Gemfields oversees the mining and marketing of
gemstones from some of the world’s finest gem-
stone deposits. The company is actively examin-
ing opportunities in other key gemstone countries
around the globe.
G
emf
iel
ds has b
een doing
real
l
y w
el
l
and has
supported the g
ov
ernment of
Z
amb
ia to div
ersif
y
the mining
industry to a c
ertain ex
tent.
Sean Gilbertson
Executive Officer
