First Quantum cuts 2010 output target, warns of drop next year

摘要

First Quantum has lowered its full-year copper production forecastand expects output to fall again nextyearon a string of disruptions in its African mining operations.rnThe news came as the company said it will start nickel production at its Ravensthorpe project next year, with the commissioning planned forthe second half of the year.rnFirst Quantum expects to produce 322,000 tonnes of copperrnin 2010, which is some 10.5% lower than the 360,000-tonne forecast the company gave in July.rnIt is also significantly below output of 373,940 tonnes in 2009.