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First Quantum agrees to royalty at Kansanshi

Toronto-listed First Quantum Minerals has agreed with ZCCM Investments Holdings to convert ZCCM’s dividend rights on First Quantum’s 80%-owned Kansanshi copper-gold mine in Zambia to a 3.1% revenue royalty.

 First Quantum turns to royalty at Kansanshi

First Quantum turns to royalty at Kansanshi

ZCCM's dividends are based on its 20% ownership of the mine, which has been hit by operational setbacks this year. These setbacks led First Quantum last month to reduce its production guidance for this...

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