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Phelps Dodge may join Equinox copper venture

THE world's second-largest copper producer, Phelps Dodge, is reportedly considering joining a US$540 million joint venture with Perth-based junior Equinox Resources to build the first new copper mine in Zambia in 25 years, Equinox reportedly said.

Greg Tubby
Phelps Dodge may join Equinox copper venture

Equinox is currently undertaking a US$14 million feasibility study on its Lumwana project, about 65km from Sowezi in northwest Zambia, which should be finished in mid-2003. Lumwana is targeted to produce...

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