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First Quantum’s Kansanshi mine in Zambia. (Image from First Quantum Minerals)
First Quantum Minerals will not rush into a deal to sell a minority stake in its Zambian copper mines, CFO Ryan MacWilliam told analysts on Wednesday after the miner’s fourth-quarter results.
The Canadian miner wants to secure a long-term partner at its Zambian mines and there are no “specific timelines” for the sale, he said.
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