Kansanshi

Name: Kansanshi — Afrimintel decision view
Creator: Afrimintel
License: https://afrimintel.com/terms

Lufilian Arc · Cu · First Quantum (80%) / ZCCM-IH (20%)

Evidence depth: operating-markers
Operating-disclosure markers; no study-level economics carried.
Afrimintel states the evidence depth of all 159 assets on its bankability roster. 2 are fully-worked DCFs and 4 carry a complete study-level marker set; a further 9 carry headline study-grade markers only. 6 assets have their source documents preserved on this site, where 106 numeric figures verify against the document text and 9 are excluded and named because they cite a document not in the archive. See the full roster and what each tier means.

dossier-gradeproducing

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Hand-maintained under the contract suite (generator retired 7 Sep 2026) · dataset see manifest · record reviewed 2026-05-02 · machine-readable: /api/v1/deposits/kansanshi.json · ⎙ print / save as PDF

Stage and status

DFI · investment house — what stage is the asset at, and what does its record hold?

Life-cycle stageproducing Derived

Operating statusS3 Steady State post-mid-2025 commissioning Sourced

Reserve scale (P+P)838.4 Mt @ 0.64% Cu Sourced ≈ 5.4 Mt contained Derived

Reserve basis (verbatim)100% project basis

Value anchors

advisory · corporate development — what does the record support?

Resource (M+I+I)942.2 Mt @ 0.67% Cu Sourced

Resource basis (verbatim)100% project basis

Primary sourceFirst Quantum 2024 Annual MRMR (released March 2025); Q1 2026 S3 Commissioning Update [Sourced 2026-05-02] Sourced

Comparables (Cu-matched)5 African M&A · 1 intl · 1 financing/benchmark — set spans, not market curves · deals · compare assets · data freshness Sourced

Risk read

mining major · insurer — what is the exposure?

Ownership structureHeld via Kansanshi Mining; ZCCM-IH (Zambian state) holds 20% fixed structural component Sourced

Recent events (record, newest last — tail shown)… roduction lifted to 280 ktpa nameplate from ~170 kt 2024; 2026 guidance 255-275 kt Cu; mine life to 2046 (stockpile to 2049); Franco-Nevada gold stream re-acquired Aug 2025 for $625M (reduces C1 cash cost ~$0.15-0.20/lb) Sourced

What this record does not yet support — disclosed, not estimated

Discount rate — not published. Afrimintel publishes no discount rate or risk premium of its own (withdrawn 12 Oct 2026); the issuer’s study states the rate its NPV is reported at. To test another rate, set it yourself in the project economics estimator.