FQM to spend $1.2bn on capital projects
Published On January 19, 2022 » 718 Views» By Times Reporter » Business, Stories
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By KENNEDY MUPESENI –
FIRST Quantum Minerals (FQM) is set to spend up to $1.25 billion in capital expenditure in the next three years, 30 per cent more than earlier projected.
Of the total three-year capex guidance, $1.48 billion has been earmarked for project capital over the next three years, with the Kansanshi S3 project, in Zambia, accounting for about half of the capex.
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