FQM, Mimosa sign Kashime deal
Published On December 5, 2023 » 725 Views» By Times Reporter » Business, Stories
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By CHATULA KANGALI –
FIRST Quantum Minerals (FQM) and Mimosa Resources (Mimosa) have signed a revised Kashime Development Agreement, a joint commitment to fast track the development of Fishtie Copper project in Mkushi.
Under the agreement, mining is expected to commence in 2026, ramping up to a maximum production of 30 000 tonnes of copper a year by the end of this decade with the raising of a total investment of $200 million led by local company Mimosa Resources

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