First Quantum Minerals Reports Q2 2010 Production of 85,400 Tonnes of Copper and 51,400 Ounces of Gold

Gold Investing

First Quantum Minerals Ltd. (TSE:FM)(LSE:FQM) reported second quarter production of 85,400 tonnes of copper and 51,400 ounces of gold. Copper production was lower than planned principally due to management’s decision to cut-back capital investment at the Frontier mine during the quarter.

First Quantum Minerals Ltd. (TSX:FM)(LSE:FQM) reported second quarter production of 85,400 tonnes of copper and 51,400 ounces of gold. Copper production was lower than planned principally due to management’s decision to cut-back capital investment at the Frontier mine during the quarter.

The press release is quoted as saying:

This decision was a consequence of the uncertainty regarding the Frontier mine following the legal proceedings instigated by the Democratic Republic of Congo state-owned mining agency, Societe de Developpement Industriel et Minier du Congo.

Click here to access the entire press release

Click here to access First Quantum Minerals Corporate Site

The Conversation (0)
×