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Canadian miner First Quantum to invest $4bn in Zambia

Posted by admin 292 days ago (http://www.miningweekly.com)
AFRICANEWSWIRE.NET (August, 02 2012) Canada's First Quantum Minerals plans to invest more than $4-billion in a new mine and expansion projects in Zambia - Africa's top copper producer - in the next two to three years, a company official said. Adam Little, head of tax at First Quantum Minerals, told Reuters more than $2-billion would go into upgrading its Kansanshi mine while its new Trident mine would absorb about $1.7-billion.

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