CAPITAL MARKETS

First Quantum ups output

CANADIAN copper outfit First Quantum Minerals nearly doubled its revenue in 2004 after production increased over 40% from the Bwana Mkubwa plant in Zambia, with the company targeting further increases ahead in 2005.

Rebecca Keenan
First Quantum ups output

Revenue increased to $US113.5 for calendar 2004, up from $US60.4 million in 2003. First Quantum said better copper output of 41,546 tonnes of copper from its production facility was the result of a new...

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