Jan 26 (Reuters) - First Quantum Minerals Ltd FM.TO :
* Provides update on power supply to its zambian operations and confirms
expected progress in its strategic initiatives
* Also evaluating a number of options to independently secure power for its
operations both in the near and long term
* Confirms that processes to reduce net debt position by over $1 billion by the
end of Q1 2016, are proceeding as planned
* Source text for Eikon
* Further company coverage FM.TO