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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 agrees to royalty at Kansanshi First Quantum agrees to royalty at Kansanshi First Quantum agrees to royalty at Kansanshi First Quantum agrees to royalty at Kansanshi First Quantum agrees 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.