Canadian miner First Quantum Minerals, which lost the right to operate its copper mine in Panama last year following protests by environmental groups and a court ruling deeming its contract void, is seeking to speed its copper projects in Peru, a company executive said on Wednesday.
One of the three largest global copper producers, First Quantum in Peru controls the La Granja project, worth at least $2.5-billion, and the $1.86-billion Haquira project.
"These are projects that need to be accelerated," said the mining company's project development director, Steven Lewis, during a speech at a mining forum in Lima.
First Quantum Minerals is intensifying efforts to advance its copper projects in Peru after a setback in Panama, where the company lost the right to operate its copper mine due to protests by environmental activists and a court ruling annulling its contract.
Canadian miner First Quantum
Minerals, which lost the right to operate its copper mine in
Panama last year following protests by environmental groups and
a court ruling deeming its contract void, is.
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