First Quantum says Cobre Panama costs rise, but output expected to be higher

January 28, 2014 - 6:06 AM

TORONTO - First Quantum Minerals (TSX:FM) said Tuesday it expects its Cobre Panama project will cost more to build, but produce more copper annually. The miner said it now expects the mine to cost about US$6.4 billion, up from an earlier estimate of US$6.2 billion, however said it will produce about 320,000 tonnes of copper annually over the life of the mine, up about 20 per cent.

News from © The Canadian Press, 2014

More News ...

iN RESPONSE: Readers have their say
Following are emailed reader responses to stories or letters to the editor for the third week of April 2024. They have been edited slightly for readability. Got something you want to add? Send an email to editor Marshall Jones at mjo

Kelowna winery says accountant took almost a half-million dollars
The owners of a Kelowna winery and golf course allege their former controller took nearly $450,000 in just 30 months on the job. The Turton Group, which owns The View winery as well as Orchard Greens golf course and a rental business, is su

Copenhagen’s hippie oasis wants to rebuild without its illegal hashish market
COPENHAGEN, Denmark (AP) — The now-aging hippies who took over a derelict naval base in Copenhagen more than 50 years ago and turned it into a freewheeling community known as Christiania want to boot out criminals who control the community&

B.C. home sales slide almost 10 per cent in March despite mortgage rate drop
VANCOUVER - Home sales in British Columbia fell by almost 10 per cent in March compared with the same period last year, in a slowdown an analyst says could be buyers waiting for lower interest rates. The B.C. Real Estate Association says th

Popular kamloops News

Kelowna winery says accountant took almost a half-million dollars
The owners of a Kelowna winery and golf course allege their former controller took nearly $450,000 in just 30 months on the job. The Turton Group, which owns The View winery as well as Orcha
April 15, 2024 6:00 PM
UPDATE: Lumby RCMP ask for public’s help to locate a missing woman, partner reports she was abducted
Lumby RCMP asked the public to help locate a missing woman, her partner took to social media to provide more information. Tatjana Stefanski, 44, was last seen around 8:15 a.m. yesterday gett
April 14, 2024 10:11 AM
Kamloops man sues, says wife died when prescribed wrong medicine
A Kamloops man is suing two doctors, a pharmacist, Interior Health and Royal Inland Hospital because he says his common-law wife died after being prescribed the wrong dose of medicine. Chris
April 15, 2024 7:00 AM
Body of abducted woman found in Lumby area
The RCMP Major Crime Unit is investigating the death of a woman in the North Okanagan who was reported missing by police over the weekend. Tatjana Stefanski, 44, was last seen getting into a
April 15, 2024 3:57 PM
iN VIDEO: Stray tire makes for wheeley weird morning in West Kelowna
A stray tire bounced its way down Highway 97 in West Kelowna this morning but an RCMP officer was able to avert a potential collision. INFOnews editor Marshall Jones captured a video of the
April 14, 2024 1:00 PM

Trending Now

TRENDING NOW: Cat and turtle struggle to snuggle

View Site in: Desktop | Mobile

First Quantum says Cobre Panama costs rise, but output expected to be higher

Trending Now

Kamloops

Kelowna

Penticton

Vernon