First Quantum sees DRC ruling as retaliation to Kolwezi arbitration

Copper-miner First Quantum Minerals on Monday defended its mining rights for the Lonshi and Frontier copper mines, in the Democratic Republic of Congo (DRC), describing the latest challenge to its licences as an “orchestrated attack” in...

First Quantum 'hopeful' DRC will reopen border soon

Vancouver-based First Quantum Minerals remained “hopeful” that the Democratic Republic of Congo (DRC) would reopen the border to exports of ore from its Lonshi mine in the country, president and CEO Clive Newall said on Wednesday. The...

First Quantum sets its sights on Finnish nickel project

Vancouver-based First Quantum Minerals has agreed to buy Scandinavian Minerals for C$281-million in cash and shares, the firm said on Monday.

First Quantum earnings jump as output, copper prices rise

TSX- and LSE-listed First Quantum Minerals more than doubled its fourth quarter net earnings, to $135,3-million, from $60,9-million a year earlier, the company said on Thursday. Net sales increased 105%, to $443,3-million, due to record copper...

First Quantum resumes production at DRC mine

DRC-focused copper miner First Quantum Minerals has resumed production at its Frontier copper mine in the Democratic Republic of Congo, corporate relations manager Geoff Chater confirmed on Monday.

DRC blocked copper shipments to Zambia - First Quantum

Democratic Republic of Congo (DRC) focused copper-miner First Quantum Minerals will soon begin transporting copper concentrate from its Frontier mine to smelter facilities in Zambia, after a government order halted the shipments last month, the...

Kansanshi shows its mettle

One of the recent success stories in Zambia’s copper industry has been First Quantum Minerals’ (FQM) involvement in the Copperbelt operations.

Canadian miner to develop Mauritanian gold project

FIRST Quantum Minerals is to develop the Guelb Moghrein copper-gold deposit in Mauritania with production expected by the fourth quarter of 2005.

Bwana Mkubwa expected to meet targets

Zambia's Bwana Mkubwa mine will meet its 2003 production target 28 700 t of copper by raising production in the last quarter of the year, the mine's owners said on Tuesday.

Zambian copper operation seeks to enlarge

Listed Canadian mining company First Quantum Minerals announced yesterday that its 100% owned Bwana Mkubwa facility produced 2 656 t of LME Grade "A" copper cathode in July.

First Quantum raises copper output at Zambia mine

First Quantum Minerals said yesterday that copper cathode output at its Bwana Mkubwa operation in Zambia more than doubled to 4 359 t in the first quarter from 2 080 t in the year-ago period.

First Quantum revises 2003 output for Zambia mine

Canada's First Quantum Minerals said yesterday its Bwana Mkubwa copper mine in Zambia would reach full capacity in May, but the mine's 2003 output would be lower than expected.