| First Quantum Minerals Announces Start of Re-Commissioning of the Atmospheric Leach Circuit at Its Ravensthorpe Nickel Operation | |
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TORONTO, ONTARIO--(Marketwired - Jul 22, 2015) - First Quantum Minerals Ltd. ("First Quantum" or the "Company") (FM.TO)(FQM.L) today reported that, on July 19, the atmospheric leach circuit at its Ravensthorpe nickel operation in Western Australia started re-commissioning after being shut down due to a tank failure in December 2014. Steady-state production is expected by July 31, at which point the circuit should operate at 50% of production capacity, with throughput of 80 tonnes per hour. It is planned that this capacity will continue for the next six months, while out of service leach tanks are progressively refurbished. On Behalf of the Board of Directors of First Quantum Minerals Ltd. G. Clive Newall, President 12g3-2b-82-4461 Listed in Standard and Poor's
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First Quantum Minerals Ltd.
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PRODUCER |
CODE : FM.TO |
ISIN : CA3359341052 |
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First Quantum is a copper producing company based in Canada. First Quantum produces copper, cobalt and gold in Congo Dem. Rep. of, in Mauritania and in Zambia, develops cobalt, copper and nickel in Congo Dem. Rep. of and in Zambia, and holds various exploration projects in Congo Dem. Rep. of and in Peru. Its main assets in production are BWANA MKUBWA, KANSANSHI and MOPANI in Zambia, FRONTIER and KOLWEZI in Congo Dem. Rep. of and GUELB MOGHREIN in Mauritania, its main assets in development are KOLWESI MUSONOI in Congo Dem. Rep. of and KALUMBILA in Zambia and its main exploration properties are KEVITSA and KEVISTA in Finland, HAQUIRA EAST and CRISTO DE LOS ANDES in Peru and KIPUSHI in Congo Dem. Rep. of. First Quantum is listed in Canada, in Germany, in United Kingdom and in United States of America. Its market capitalisation is CA$ 10.7 billions as of today (US$ 7.8 billions, € 7.3 billions). Its stock quote reached its lowest recent point on November 02, 2001 at CA$ 0.38, and its highest recent level on April 23, 2024 at CA$ 15.52. First Quantum has 689 369 984 shares outstanding. |