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Frontier Mine
Frontier Mine

First Quantum Q2 output falls

First Quantum Minerals produced 64 500 t of copper in the second quarter, a 24% decline compared with a year earlier, after both operating mines suffered maintenance interruptions and the company's Kansanshi mine processed lower-grade oxide ore...
7th July 2011

First Quantum plans 5-for-1 stock split

TSX- and LSE-listed First Quantum Minerals will ask shareholder to vote on a proposed five-for-one share split, the company said on Friday. The split has been approved by the board, and First Quantum plans to hold a special meeting of...
17th June 2011
Mining Services

Latest pump offering proves itself

The latest pump offering from slurry equipment solutions provider Weir Minerals, the Warman Mill Circuit (MC) slurry pump, has been trialled at a number of mines in West and Central Africa and has recorded significant success in increasing mill...
10th June 2011

First Quantum profit rises on copper price

Copper miner First Quantum Minerals increased first-quarter profit by 37%, after higher copper prices more than made up for lower production during the period. Copper production and sales were lower year-over-year, after the government of the...
9th May 2011

First Quantum Q1 copper output slides on DRC woes

First Quantum Minerals produced 12% less copper in the first quarter of 2011 than the same period the year before, mainly because of the Democratic Republic of Congo’s government closure of the Frontier mine, the TSX-listed company said on...
19th April 2011

First Quantum rises after updating projects, growth plans

Shares in Canada's second-biggest publicly traded copper producer, First Quantum Minerals, rose 6,8% on Wednesday, a day after the firm published an update on its expansion and development projects, including plans for a new 250 000 t/y mine in...
26th January 2011

First Quantum reports lower copper and gold output

TSX- and LSE-listed First Quantum Minerals on Thursday reported decrease in full-year output, with copper production amounting to 322 700 t and gold output to 191 400 oz. In 2009, the company produced 373 940 t of copper and 193 288 oz of gold...
13th January 2011

First Quantum raises capex for Ravensthorpe revamp, restart

Base-metals producer First Quantum Minerals now expects to spend $190-million to refurbish and restart the Ravensthorpe nickel mine in Australia, president Clive Newall said on Wednesday. The company had previously forecast capital for the...
10th November 2010

First Quantum reviews arbitration orders

Reports that First Quantum Minerals lost an arbitration case against the Democratic Republic of Congo over its Kolwezi tailings project are "completely untrue", a First Quantum spokesperson said on Tuesday. First Quantum has filed for two...
26th October 2010

First Quantum Q3 copper output falls

Vancouver-based First Quantum Minerals produced 18% less copper in the third quarter compared with a year earlier, after the DRC government told the company to withdraw from its Frontier mine. Output was also affected by a four-day shutdown of...
19th October 2010

DRC threatens probe as First Quantum dispute escalates

Democratic Republic of Congo (DRC) Minister of Mines Martin Kabwelulu Labilo said on Tuesday that the government planned to investigate suspected financial misconduct by Canada-based First Quantum Minerals. Spokesperson for the DRC government,...
31st August 2010

DRC withdraws permit for First Quantum's Frontier mine

Base-metals-miner First Quantum has suspended operations at its Frontier mine, in the Democratic Republic of Congo (DRC), after the DRC mining registry withdrew the mine’s exploitation permit. Further, the miner had also received a letter stating...
30th August 2010
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