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.
First Quantum says Cobre Panama costs rise, but output expected to be higher
Read more Business News
- Free rides due to fireSkyTrain - 9:30 am
- Irish vote on gay marriageIreland - 11:32 am
- Pursuit ends in arrestNanaimo - 11:00 am
- Spill could cost big bucksVancouver - 10:45 am
|QHR Technologies Inc||1.46||+0.01|
|Anavex Life Sciences||0.397||+0.025|
|Copper Mountain Mining||1.37||-0.04|
|Sunrise Resources Ltd||0.04||+0.01|
|Mission Ready Services||0.175||-0.010|
|Decisive Dividend Corporation||2.20||+0.60|
Photo: Thinkstock.com“The optimist sees the rose and not its thorns; the pessimist stares at the thorns, oblivious of the rose.” - Kahlil Gibran Good planning is all about managing chan...
Photo: ContributedHas this ever happened to you? You’re in the middle of your second or third “good discussion” with a prospect. Everything’s going great. The prospect seems en...
Photo: Thinkstock.comI have been reading about market segmentation and choice. Howard Moskowitz’s research into tomato sauce as retold by Malcom Gladwell on the TED talks (http://www.ted.com/tal...