Matt Pascal,First Quantum Minerals, Director Operations
Following the decline in the price of copper, what strategies is First Quantum employing at Kansanshi to ensure profitability?
First Quantum has to remain efficient at Kansanshi. Currently, Kansanshi operates in the lower 40-50 cost percentile. This means that, should the price of copper drop, most of the copper operations worldwide would start feeling severe pressure before Kansanshi does.Continue Reading
Charles Carron Brown COO Tiger SPRL
In May 2014, Tiger commenced copper cathode production at Kipoi. Could you provide us with an overview regarding this project history?
Tiger’s management was looking for projects in Asia, hence the company’s name Tiger, which is appropriate in Asia, and our current Chairman, who at the time was a Consultant to the Board, Neil Ferris had some contacts in DRC. They got wind of the Kipoi project he negotiated, and David Constable, who was Managing Director, came in and drove the exploration programme. Back in 2008 raising finance in DRC was challenging, especially from banks, but we could still receive certain amounts from shareholders.Continue Reading
In 2013, the DRC became the largest copper producing country in Africa. What are your next milestones after this important achievement?Continue Reading
Deon Heins – Barloworld Equipment
“Following early indications of a slowdown in the mining cycle in the final months of 2013, 2014 has confirmed the downward trend on the back of slower growth in China… However, the long-term fundamentals for Zambia remain good and we remain positive on the country’s future outlook.”
“The Barloworld Equipment theme on community development initiatives in Zambia in 2014 is “Let’s grow together”
Didier Tilman, General Manager Katanga, Raw Bank
Rawbank began its commercial operations in the DRC in May 2002 and today you are celebrating your 12th anniversary in the country. Could you provide us with a brief overview to the bank?
Rawbank is a fourth generation privately owned bank that was created 12 years ago by the Rawji family in the DRC. The bank was established at a time when the country’s banking industry was in difficulty and 12 years later we developed in the largest bank in the country in terms of total deposits, loan portfolio and total equity.