By Derrick Silimina
Kalumbila Minerals Ltd will now operate as FQM Trident Ltd, catering for all projects and programmes while enabling clarity in the FQM group.
Management at Kalumbila Minerals Ltd has proposed to revise its trading name to FQM Trident Limited, a name that incorporates its true identity as a First Quantum Minerals owned company.
According to an internal memorandum issued to all staff and contractors by KML General Manager Sean Egner, the renaming process is expected to be completed during the first quarter of 2022.
“As we intend to seek board approval and bring the enterprise project into operation, management has considered the above and decided to revise our trading name to “FQM Trident Limited,” a name that incorporates our true identity as a First Quantum Minerals owned company and is inclusive of all the trident project operations,” Egner said.
FQM Trident Ltd will remain a fully-owned subsidiary of First Quantum Minerals Ltd as there is no ownership or control structure change.
“You will therefore see a few changes in our branding to reflect this name change. Please note; there will be no changes to conditions of employment or any effect to the day-to-day operations at Sentinel and Enterprise Mines. Please let us all welcome and embrace this new identity that continues to confirm our association to both FQM and our Trident Project operations,” he assured.
Egner disclosed that since inception, the mining operations and project has incorporated three mining licences, namely Sentinel, Enterprise and Intrepid which collectively make up “The Trident Project”.
He further highlighted that the setting up of FQM Trident Mine, formerly known as KML, has created new opportunities for economic growth in Kalumbila District of North-Western Province and beyond.
He said the influx of migrant employees and subsequent increase in population have created a demand for new projects, business activities and infrastructure which has ultimately improved the quality of life for the rural community.
Egner stated that with the existing resourceful environment, businesses have since tapped into the multiplier effects that have been brought about as a result of increased cash flow and skills development after the setting up of FQM Trident Mine and one such business is Nvumabaranda Group of Companies.
“We fully understand that our operation presents a significant conducive socio-economic environment that extends from local to regional scale. The opening of this private hospital symbolises the growth of our town, which has been developed in an environmentally conscious manner fostering green initiatives and responsible environmental management,” Egner said.
Recently, during the official opening of Nvumabaranda Hospital in Kalumbila District, FQM Trident Mine General Manager said when FQM embarked on the audacious vision to establish a green mine and town in the little known part of Zambia, there were many doubts about how the company would develop a town with amenities such as schools, markets and clinics.
Egner has since commended Nvumabaranda Group of Companies for building a hospital and setting up various businesses in Kalumbila and has urged other small and medium enterprises to seize the available opportunities and work with other stakeholders to grow into viable business houses.
He stressed that with support from Government line ministries and through collaboration with the community, FQM Trident Mine through Trident Foundation Limited (TFL), has undertaken various initiatives to promote sustainable development that meets the locally defined social, environmental, and economic goals over the long term.
“The company has invested heavily in education, infrastructure, wildlife, farming and health in order to promote and uplift the living standards of the local people. While some local people are employed to work on the mine; FQM is committed to reduce dependence on the mine alone and has been promoting local business development to enable community members to have sustainable livelihoods at the end of the mining life.”
And Nvumabaranda Group of Companies Chief Executive Officer Kennedy Nduna has appreciated FQM Trident Ltd for creating an enabling environment for other businesses to thrive in Kalumbila District.
Nduna intimated that he has received tremendous support from the mine which has made it possible for him to expand his business in hospitality, cleaning services, catering, conference facilities and health service provision.
He has since called on more businesses to emulate his efforts and contribute to the economic development of Kalumbila District.
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