Sentinel

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

Lufilian Arc · Cu · First Quantum (100%, via Kalumbila Minerals Ltd)

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

Need this asset checked for a live decision? A verified dossier is $1,850, fixed fee: every Sourced figure traced to the document it came from, the gaps listed, signed by the Editor-in-Chief. Ask about Sentinel ›

Hand-maintained under the contract suite (generator retired 7 Sep 2026) · dataset see manifest · record reviewed 2026-05-02 · machine-readable: /api/v1/deposits/sentinel.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 statusOperating; Ball Mill 2 fatigue remediation ongoing Sourced

Reserve scale (P+P)741.2 Mt @ 0.46% Cu Sourced ≈ 3.4 Mt contained Derived

Reserve basis (verbatim)100% project basis

Value anchors

advisory · corporate development — what does the record support?

Resource (M+I)754 Mt @ 0.45% Cu Sourced

Resource basis (verbatim)100% project basis

Primary sourceFirst Quantum 2025 Annual Report (released 31 March 2026); Q1 2026 Operational Results [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 structureWholly owned by FQM via Kalumbila Minerals Ltd. Unlike Kansanshi, no ZCCM-IH stake. Sourced

Recent events (record, newest last — tail shown)… 025); 2026 guidance 190-220 kt Cu (grades improve H2 2026 into Stage 2); FQM acquired 15% stake in Prospect Resources (ASX) Apr 2025 — Mumbezhi 107 Mt @ 0.5% Cu, 20km from Sentinel mill, satellite feed for life-extension 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.