17.02.2012

Kevitsa mine in northern Finland to start production in summer 2012

First Quantum Minerals Ltd is also continuing exploration activities near the Kevitsa resource.

At this rate, Kevitsa is expected to produce 10,000 tonnes of nickel and 20,000 tonnes of copper annually. First Quantum Minerals Ltd is currently pursuing approval from the Finnish authorities to increase the throughput rate to 7.5 million tonnes per year. Exploration activities are also continuing on promising geophysical targets on the fringe of the Kevitsa resource.

Andrew Reid has been named as the new director of the Kevitsa mine, which currently employs 146 people, and is located approximately 142 kilometres north-northeast of Rovaniemi, the capital of Finnish Lapland. The ore will be transported to the ports of Kemi or Oulu or by truck to Sweden.

Sources: Lapin Kansa, First Quantum Minerals Ltd