Kansanshi Operation Reports Gold Production in Zambia Amid Market Shifts
1 report, 1 independent
Updated Sep 23
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
First Quantum Minerals' Kansanshi operation near Solwezi produced approximately 105,000 ounces of gold in 2024 and 116,000 ounces in 2025. Separately, the Ministry of Mines and Minerals Development reported 3,141.81 kilograms of gold production in 2024, which was about 40% higher than the 2023 figure. The government is also considering a reduction to the standard 16% value added tax on domestic gold transactions and plans to list a gold investment fund in Lusaka.
From metal.com
Why it matters
The reported gold output from Kansanshi highlights the role of copper mines in Zambia's gold production. The potential cut to the domestic gold VAT and the planned investment fund reflect a push for a more functional gold market in the country.
From metal.com