Jiangxi Copper sees higher prices as it plans to raise output
Jiangxi Copper Co., China’s largest producer, said it expects prices to rise in the second half once the Federal Reserve cuts interest rates, while pledging to maintain double-digit growth in output despite calls to rein in production.
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First Quantum inks $500 million copper deal with Jiangxi amid Panama mine struggles
First Quantum Minerals (TSX: FM) said on Wednesday it would get a $500 million injection from Jiangxi Copper, the Canadian miner’s largest shareholder, that will help it to shore up finances.
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First Quantum said to be in talks with Jiangxi over Zambian mines
Mining News Pro - Canadian miner First Quantum Minerals (TSX: FM), which is reeling from the forced closure of its flagship copper mine in Panama, is said to be in talks to sell a stake in its Zambian operations to help shore its finances.
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Jiangxi Copper boosts stake in First Quantum
Mining News Pro - Jiangxi Copper, First Quantum’s largest shareholder, has increased its stake in the Canadian miner, which is still reeling from the heavy losses caused by uncertainty regarding the future of its flagship copper mine in Panama.
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Jiangxi Copper to invest $1.8bn in making foil for batteries
Mining News Pro - Jiangxi Copper Co, one of China’s biggest copper producers, said it would invest 11.4 billion yuan ($1.76 billion) in a project to make 100,000 tonnes per year of copper foil for lithium batteries.
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Jiangxi Copper sells shares in First Quantum
Mining News Pro - Jiangxi Copper sold 1.2 million shares in First Quantum Minerals last week according to SEDI filings, BMO reports.
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First Quantum quashes Rio rumor, says Jiangxi no threat
Mining News Pro - First Quantum Minerals Ltd. says it hasn’t received any takeover approaches — including from Rio Tinto Group — since it last refuted “speculation” it had been in talks about a bid in September.
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