First Quantum Minerals
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First Quantum Minerals Ltd. is a growing mining and metals company whose principle activities include mineral exploration, development and mining. The Company produces LME grade "A" copper cathode, copper in concentrate, gold and sulphuric acid.
The Company's operations in Zambia include the 100% owned Bwana Mkubwa SX/EW facility and sulphuric acid plants and the 80% owned Kansanshi open pit copper-gold mine. First Quantum also holds strategic investments in the Nkana underground copper mine and cobalt refinery (16.9%); and the Mufulira underground copper mine, smelter and copper refinery (16.9%) in Zambia.
In the Democratic Republic of Congo, First Quantum operates the 100% owned Lonshi open pit copper mine which provides oxide copper ore for processing at Bwana Mkubwa, a 95% interest in the Frontier copper deposit, and a 65% interest in the Kolwezi copper-cobalt tailings project.
In Mauritania, First Quantum operates the 80% owned Guelb Moghrein copper gold mine.
First Quantum's common shares are listed for trading on the Toronto Stock Exchange in Canada (symbol "FM"), the London Stock Exchange's Alternative Investment Market (symbol "FQM") in the United Kingdom.
[edit] Recent acquisitions
- In 2006 First Quantum acquired London-based Adastra Minerals for $245m in cash and stock.
[edit] External link
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