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TORONTO, March 1 (Reuters) – Equinox Minerals’ (EQN.TO) chief executive said on Sunday the company’s Lumwana copper mine in Zambia is ramping up on pace, and that the company is on the lookout to buy copper properties made cheap by the global economic downturn.

 

In an interview on the sidelines of the Prospectors and Developers conference in Toronto, Craig Williams said the mine was on pace to produce 170,000 tones of copper this year, and could exceed that amount in 2010.

 

“The challenge is that the mill is going so well it’s a challenge to the mining team to keep it fed,” he said.

 

(Reporting by Cameron French; Editing by Bernard Orr)

 

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