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 Copper-gold miner goes for nickel 

 
Published 12/10/2009 
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First Quantum, the Canadian-based copper-gold miner with its principal operations in Africa and which  is anticipating output this year of 380,000 tons of copper and 205,000 ounces of gold, has been on the boil in the past few weeks, with three announcements that strengthen its position on the continent, and diversify it into nickel production, in Finland and Australia.

The stock already ranks as a premier mid-tier miner, in recognition of its canny management, and its ability to move quickly, even opportunistically, when circumstances permit.

The group owns and operates 80% of the Kansanshi copper-gold mine in Zambia ("a foundation asset"), 95% of Frontier in the Democratic Republic of the Congo, the group's newest mine, and 80% of the Guelb Moghrein gold-copper mine in Mauritania.

Click here for more on First Quantum's nickel ambitions.


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