Lithium Americas (Argentina) (NYSE:LAAC – Get Free Report) and First Quantum Minerals (OTCMKTS:FQVLF – Get Free Report) are both basic materials companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, earnings, risk, institutional ownership, valuation, analyst recommendations and dividends. Profitability This table compares Lithium […]
Canadian miner First Quantum Minerals, which lost the right to operate its copper mine in Panama last year following protests by environmental groups and a court ruling deeming its contract void, is seeking to speed its copper projects in Peru, a company executive said on Wednesday.
One of the three largest global copper producers, First Quantum in Peru controls the La Granja project, worth at least $2.5-billion, and the $1.86-billion Haquira project.
"These are projects that need to be accelerated," said the mining company's project development director, Steven Lewis, during a speech at a mining forum in Lima.
First Quantum Minerals is intensifying efforts to advance its copper projects in Peru after a setback in Panama, where the company lost the right to operate its copper mine due to protests by environmental activists and a court ruling annulling its contract.
Record Prices of Gold and Copper Are Also a Boon for Illegal Mining in Peru bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Canadian miner First Quantum
Minerals, which lost the right to operate its copper mine in
Panama last year following protests by environmental groups and
a court ruling deeming its contract void, is.