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Canada's First Quantum Minerals to lay off 1,480 workers in Zambia

Published 2015-08-02, 09:17 a/m
Canada's First Quantum Minerals to lay off 1,480 workers in Zambia
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By Chris Mfula
LUSAKA, Aug 2 (Reuters) - Canada's First Quantum Minerals
FM.TO will lay off around 1,480 workers at one of its Zambian
copper projects after a reduction in its power supply curbed
production, its local subsidiary said on Sunday.
"Regrettably a reduction of approximately 1,480 construction
jobs will be brought forward at the Trident Project within the
first weeks of August," Kalumbila Minerals Limited (KML) said in
a statement.
Zambian power utility Zesco Ltd is limiting supplies after
water levels at its hydro-electric plants dropped due to
drought. ID:nL8N0ZN2LD

(Editing by Andrew Heavens)

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