FIRST Quantum Minerals Limited has announced the death of one of its founders and Chairman, Philip Pascall.
Philip passed away peacefully today at his home in Perth, Western Australia.
He co-founded First Quantum in 1996, serving as the Chairman since its inception and Chief Executive Officer until 2022.
Under his leadership, Philip instilled an entrepreneurial and bold culture that saw the Company grow from a 10,000 tonnes tailings re-processor with the Bwana Mkubwa project in Zambia to one of the world’s largest copper producers with operations spanning five continents and employing more than 20,000 people globally.
Amongst the many legacies he leaves behind, the greatest source of Philip’s pride were the many programs for the local communities in which First Quantum Minerals operates bringing improved standards of health and education in often remote places.
The Board of Directors have voted to elect Robert Harding, Lead Independent Director, as the Company’s Interim Chairman.
Mr Harding has been a Director of the Company since 2013 and has a full understanding of the Company’s operations and unique culture.
In his role as Chair of the Nominating and Governance Committee, Mr Harding oversaw the Company’s succession planning process that led to the appointment of Tristan Pascall to the role of Chief Executive Officer in May 2022.
“On behalf of the Board of Directors, we extend our sincerest condolences to the Pascall family and friends,” Harding said.
He said the company is indebted to Phillip for his extraordinary leadership at First Quantum, setting it firmly on the path to the modern, multi-national mining company it is today.
“Philip was a friend and mentor and his passing will be profoundly felt across the Company and the many people and lives he impacted as a result of his vision,” he said.
And Chief Executive Officer Tristan Pascall the company will continue to build on Philip’s legacy.
“Whilst this is an enormous loss for all of us at First Quantum, Philip would not want us to dwell too long on his passing. He was always looking forward and was excited by the trajectory of the Company.
Philip drove First Quantum’s focus on project execution, operational excellence and social responsibility and we intend to continue to build on his substantial legacy,” he said.
(Mwebantu, Tuesday, 19th September, 2023)
MultiChoice launches GOtv Stream in Zambia. A new way to experience the best of sports and entertainment!
NO stranger to bringing entertainment into homes across the nation, MultiChoice is expanding its online offering, by introducing GOtv Stream to GOtv customers across Zambia.
“It is no secret that more and more people are leaning toward streaming services to experience uninterrupted entertainment that’s uninhibited by infomercials and ads. GOtv Stream is just another way MultiChoice Zambia is continuing our trend of upward innovation, as we strive to evolve with our audiences and their viewing needs.”, says Leah Kooma, Managing Director, MultiChoice Zambia
MultiChoice and DStv have already made their presence in the digital space with their online platform – DStv Stream, and now GOtv customers can enjoy the same user-friendly, and personalized streaming at their fingertips. The new feature allows viewers to seamlessly watch their favourite programmes and other content on electronic devices, keeping them connected at any time and from anywhere.
Ms Kooma reiterates that, “You may recall, GOtv was officially launched in Zambia on 5th September 2011, and now with the introduction of GOtv Stream customers will enjoy a great online service. What drives innovation for us, is providing our customers with the content they love, in the way that best suits them. As the home of the best sports and entertainment we will continue to deliver unrivalled value and choice for our customers”.
She adds: “GOtv Stream is an online service that will allow all GOtv customers take a subscription and enjoy our content anywhere and at any time. The launch of GOtv will allow us to expand our online offering and bring more great entertainment closure to the customers”.
Some of the functionality available are; Live TV, TV guide, CatchUp, use on up to four devices, downloading content to devices, and Live Chat. All paid up GOtv customers, with an internet connection can download and use GOtv Stream for free – available on Google Play Store or the Apple App Store.
(Mwebantu, Saturday, 2nd December, 2023)
Government secures an equity partner for Mopani Copper Mines
FOLLOWING the ongoing negotiations to revamp operations at Mopani Copper Mines on the Copperbelt, Government has finally secured an equity partner.
The Equity partner being International Resources Holdings (IRH) an affiliate of Abu Dhabi Conglomerate International holding was selected after an extensive process.
The process was undertaken by ZCCM-IH, together with Rose Child and Company, a company based in South Africa.
In carrying out the process of revamping the mine, which started last year in June, the process focussed on assessing Mopani’s balance sheet due to high level indebtedness and also finding a suitable partner for sustainable development.
Announcing the development, Mines and Minerals Development Minister Paul Kabuswe said the selection of an equity partner will help restore life back into Mopani.
“I wish to announce and I am so glad and exited to announce that after extensive and thorough process, Government through the directors of ZCCM-IH have appointed a strategic equity partner for Mopani. The preferred partner selected is International Resource Holding Limited an affiliate of Abu Dhabi Conglomerate International holding company,” he said.
He said the partner selected is expected to inject funds into Mopani to stabilise short term work requirements, completion of the mine projects and unlock its potential.
Mr Kabuswe also stated that the equity partner will also reset the existing relationship with Glencore.
He further added that other details of the development at Mopani will be announced in due course when signing of the deal is being made.
(Mwebantu, Friday, 1st December, 2023)
Over 30 people trapped after a mine accident in Chingola
MORE than 30 people are believed to be trapped in an open pit mine in Chingola district on the Copperbelt after a mining accident.
Minister of Home Affairs and Internal Security Jack Mwiimbu said the affected are trapped as a result of earth collapsing and has since asked the nation at large to put the affected in prayer.
Mr Mwiimbu speaking in Parliament said more than 30 people are trapped and the rescue team is on site
“May I just inform the nation that we have a tragedy that is brewing in Chingola where a number of our people have been affected by a collapse of the open pit in Chingola. We have more than 30 people under the rubble and we are struggling to retrieve them. We would like to ask all of us to put our citizens in prayer,” he said.
(Mwebantu, Friday, 1st December, 2023)