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09 May
14:45

COPPER, NICKEL: First Quantum FIDs $1.35 billion in Zambian projects

First Quantum said Monday it will go ahead with copper and nickel projects in Zambia after it reached a number of agreements with the local government, Kallanish reports. The Canadian miner announced final investment decisions (FIDs) for the $1.25 billion S3 Expansion project and for the $100 million Enterprise nickel project. Zambia has been reforming its mining sector with a view to attract foreign investment and increase its copper production. This will inclu…
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