Analysis of First Quantum Minerals' Mining Operations

This assignment analyzes First Quantum Minerals, a mining and metal firm based in Vancouver, Canada, established in 1983. The company focuses on copper extraction, which accounts for a significant portion of its revenue. The assignment details the company's key goals, including integrating safety, environmental practices, and striving to be a leading copper producer. It highlights the importance of copper in daily life, its uses in plumbing, wiring, and antibacterial applications. The analysis also examines the strategic location of First Quantum Minerals in Canada, emphasizing the country's stable economy and favorable corporate tax rates for business expansion. The assignment aligns with the initial stage of a mining company game, where students define company goals, choose a mineral, and determine the mine's location, encouraging critical thinking about mining operations.

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Name of Student
Institution Affiliation

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Introduction.
First Quantum Minerals is a mining and metal firm based in Vancouver in Canada. It was established in the
year 1983. It is well known for the extraction of copper, and this is where it gets almost 80% of its revenues.

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Extraction of copper
The mineral exploration the First Quantum will major in is copper extraction. Copper is a very important
mineral in our day to day life. Some of its benefits are as follows:
 It is used in plumbing for easy flowing of clean water to keep it from poisonous substances.
Copper is also used in wiring and making of cables which are majorly useful in electronic devices.
Copper is also a very essential mineral since it is a powerful antibacterial that is used in eliminating
harmful bacteria. Copper coated surfaces help in reducing the spread of germs.

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