First Quantum Minerals: Full Power Restored to Zambian Operations

First Quantum Minerals (TSX:FM) reported on Thursday that power supply was restored to its Kansanshi operation and Sentinel project in Zambia.
As quoted in the press release:

First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX:FM)(LSE:FQM) today reported that, on August 6, 2015, full power supply was restored to its Kansanshi operation and Sentinel project by ZESCO, Zambia’s state-run power company. This follows the receipt of notice of the declaration of Force Majeure for the supply of electricity from ZESCO to Kansanshi and the subsequent reduction in electricity supply to both Kansanshi and Sentinel as reported on July 27, 2015.
While the Company believes some restrictions may be re-imposed during the remainder of 2015, ZESCO has stated that it has contracted independent power producers such as Maamba Collieries Limited and Itezhi Tezhi Power Corporationthrough the signing of Power Purchase Agreements to procure more electricity by the end of 2015.

Click here for the full press release.