First Quantum Signs Revised Agreement for Zambia Copper Mine

First Quantum Minerals Ltd. and Mimosa Resources signed a revised agreement to develop a copper mine in Zambia and start producing as early as 2026.

• The Fishtie project in Zambia’s Central Province aims to produce 30,000 tons of the metal a year by 2030, according to a joint statement from the two companies
• The partners first agreed on a deal in 2012
• READ: Once-Forsaken Copper Country Is Back in the Spotlight
• Mimosa will lead investment of $200 million in the project

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Taonga Mitimingi in Lusaka at tmitimingi@bloomberg.net

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