Mining giant, First Quantum Minerals Ltd has pledged not to fire any worker in the wake of mining tax changes coming into force this year.
FQM said although new tax measures were introduced on January 1st 2019, it would reduce costs associated with the company’s new projects.
FQM stated that it will continue to engage government in order to find an enduring solution that will benefit both parties.
FQM stated that it will continue to grow its operations in Zambia.
FQM said it has committed to maintaining current production levels despite the operational constraint it might face because of the new taxes.
First Quantum Minerals Ltd. is a Canadian based mining and metals company whose principal activities include mineral exploration, development and mining.
Below is the full statement