wiredinUSA May 2019

Copper proposal

First Quantum Minerals has released a technical report that lays out the company’s plans for expanding its Cobre Panama copper development project by 15 million tonnes per year. The company has made slow but steady progress at the Central American facility, with the first introduction of ore to the project’s processing plant in February. However, as First Quantum continues to increase efforts it is also looking to the future with new expansion plans.

At an estimated cost of $327 million, the proposed expansion will involve an earlier development of the Colina pit, one of the project’s three main zones alongside Botijla and Valle Grande. It will also follow the addition of a ninth mill, an expanded mining equipment fleet, additional conveyors, an in-pit crusher and other infrastructure related to accessing Colina.

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wiredInUSA - May 2019