first quantum

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…