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ZAMBIAN COPPER MINE BAGS USD 1 BILLION CANADIAN CONTRACT
Canada’s First Quantum budgets $1 billion for Zambian copper mine expansion. Canadian miner First Quantum Minerals Ltd is weighing investment of around $1 billion to lift output at Africa’s biggest copper mine in Zambia, despite a feud with state miner Zambia Consolidate Copper Mines Investment Holding (ZCCM-IH) over project funding. The investment would add a decade of life and head off production declines at the Kansanshi copper mine, increasing annual production to 300,000 tonnes over…
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