First Quantum, Barrick hit by Zambia load-shedding

[miningmx.com] – MINES owned by First Quantum Minerals and Barrick Gold had been affected by power cuts in north-western Zambia, said Reuters citing an industry body in the southern African country.

“Power was reduced to both First Quantum Minerals and Lumwana over the weekend,” Jackson Sikamo, President of the Zambian Chamber of Mines said. Lumwana is Barrick’s open-pit copper mine, said Reuters.

Zambian power utility Zesco is limiting power it supplies to customers, including mining companies, after water levels at its hydro-electric plants dropped due to drought. First Quantum said its Kansanshi mine, smelter and its greenfield Sentinel project were running at reduced capacities.

“Various options to alleviate the effect on production are being evaluated,” the company said in a statement released on Monday.

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