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Home / Metal News / First Quantum Targets $2 Billion in Mining Project Investment in 2011-2014

First Quantum Targets $2 Billion in Mining Project Investment in 2011-2014

Jan 26, 2011 09:29

Source:SMM

Jan 25 (Bloomberg) --First Quantum Minerals Ltd., the copper producer seeking to diversify after a battle over mining rights in the Democratic Republic of Congo, plans to invest about $2 billion in projects from 2011 through 2014.

That figure excludes the potential development of the Haquira deposit and the building of a copper smelter in Zambia, the Vancouver-based company said today in a statement.

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First Quantum Targets $2 Billion in Mining Project Investment in 2011-2014

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