HomeBase MetalsFirst Quantum copper output up 15%

First Quantum copper output up 15%

The ore pile at
First Quantum’s
Kansanshi operation
in Zambia
Vancouver, Canada — MININGREVIEW.COM — 19 October 2009 – Listed on the Toronto and London Stock Exchanges, First Quantum Minerals Limited “’ a growing mining and metals company engaged in mineral exploration, development and mining “’ has reported a 15% increase in its African copper production in the first nine months of 2009.

In a statement released here, the company confirmed that its total production had reached a total of 275 300 tonnes, of which its Kansanshi mine in north-west Zambia had produced 182 500 tonnes, the Frontier operation in the Democratic Republic of Congo (DRC) 68 000 tonnes and Guelb Moghrein in Mauritania 24 600 tonnes.

The statement added that total company production for the third quarter of 2009 had reached 93 500 tonnes, with Kansanshi at 61 300 tonnes, Frontier at 24 800 and Guelb Moghrein at 7 400 tonnes “’ 14% up on the same period last year. .

It went on to say that stockpiles of copper concentrate at 30 September 2009 had decreased 30% to approximately 25 500 tonnes of copper in concentrate (Kansanshi 21 900 tonnes, Frontier 3 100 tonnes and Guelb Moghrein 500 tonnes), from the 30 June 2009 level.