Diversified miner First Quantum Minerals achieved its highest ever yearly copper production last year, despite the impact of the Covid-19 pandemic, and the company’s Sentinel copper mine, in Zambia was a significant contributor to the record production.
This is according to the company’s fourth quarter and full-year 2020 results, released in February.
“[The year] 2020 was a very challenging and unprecedented year as a result of the Covid-19 pandemic. Despite the challenges, the company achieved its highest ever yearly copper production. “Sentinel performed exceptionally well, and was a big contributor to that record production,” states First Quantum CEO and chairperson Philip Pascall.
Total copper production for last year was 203171 t in the fourth quarter, and 778 991 t for the full year, as yearly production increased by 11% from 2019.
Sentinel produced 251 216 t of copper for the year, a record for yearly production, and a 14% increase from 2019 was achieved. This record was achieved as a result of a significant increase in yearly throughput to 57-million tonnes. EDITED BY: NADINE JAMES Mining weekly
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