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Gold/Mining/Energy : Mining News of Note

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To: LoneClone who wrote (26257)	9/22/2008 10:18:41 PM
From: LoneClone	Read Replies (1) of 193893

First Quantum plans to revise production forecast Mon Sep 22, 2008 10:58am EDT reuters.com LONDON, Sept 22 (Reuters) - Miner First Quantum Minerals (FM.TO: Quote, Profile, Research, Stock Buzz) expects to revise its production guidance after rejigging its operations in Zambia to cope with power cuts, President Clive Newall said on Monday. "We should be reguiding shortly," Newall told a mining conference sponsored by RBC Capital Markets, adding that the Kansanshi mine has been rebalanced between mining and processing to adjust for about two thirds of normal power. In August the firm reiterated a production target of 310,000 tonnes of copper for 2008. (Reporting by Eric Onstad; Editing by Greg Mahlich)

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