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$5.48bn Panama project on track for 2018 commissioning

The $5.48-billion Cobre Panama copper project, being developed by First Quantum Minerals, is on track for commissioning in 2018.

Speaking at the Paydirt Latin America Downunder conference, in Perth, First Quantum global exploration director Mike Christie said on Thursday that the company was targeting a throughput rate of 60-million tonnes by the end of December, with full capacity of 75-million tonnes a year targeted in 2019, to deliver around 320 000 t/y of copper.