First Quantum Minerals Ltd. today announced preliminary production for the three months and year ended December 31, 2019, and guidance for production, capital expenditure and costs for the years 2020 to 2022. 2019 PRELIMINARY PRODUCTION The Company achieved its highest ever annual copper production of 702,000 tonnes, an increase of 96kt from 2018 [...]
First Quantum Minerals Ltd. has adopted a shareholder rights plan with Computershare Investor Services Inc. as rights agent effective as of January 6, 2020 . The Company has also adopted an advance notice policy effective as of the Effective Date. Rights Plan The Rights Plan has been adopted with a view to ensure, to the extent possible, that all [...]
First Quantum Minerals Ltd. today reported comparative earnings1 of $32 million or $0.05 per share1, net loss1 attributable to shareholders of the Company of $73 million or $0.11 per share after now deducting depreciation and interest charges for Cobre Panama since commercial production and cash flows from operating activities of $151 million or [...]
First Quantum Minerals Ltd. is pleased to announce that Cobre Panama has achieved commercial production effective September 1, 2019. This accomplishment was achieved one month earlier than previously expected as a result of a rapid and efficient ramp-up of production by the Company’s project construction and operations teams. Cobre Panama is [...]
First Quantum Minerals Ltd. acknowledges the announcement by Pangaea Investment Management regarding its beneficial ownership of shares in the company. PIM is an associate of Jiangxi Copper Company Ltd. , which is a substantial non-controlling shareholder of and lender to PIM. As previously announced the company has in recent months been in [...]
First Quantum Minerals Ltd. will release third quarter 2019 financial and operating results on Monday October 28, 2019 after the close of the Toronto Stock Exchange. The Company’s President, Clive Newall, will host a conference call and webcast to discuss the results on Tuesday October 29, 2019 at 9:00 am . Conference call and webcast details [...]
First Quantum Minerals Ltd. is aware of speculation regarding a potential transaction involving Jiangxi Copper Co. Ltd. The Company confirms that discussions regarding a potential sale of a minority interest in First Quantum’s Zambian copper assets have occurred and are continuing. No transaction has been agreed upon and there is no guarantee [...]
First Quantum Minerals Ltd. today announced that its Board of Directors has approved an interim dividend of CDN$0.005 per share in respect of the financial year ending December 31, 2019. The dividend will be paid on September 19, 2019 to shareholders of record on August 28, 2019. The Company has established a Dividend Reinvestment and Share [...]
First Quantum Minerals Ltd. today reported comparative earnings1 of $87 million or $0.13 per share1, net earnings1 attributable to shareholders of the Company of $78 million or $0.11 per share and cash flows from operating activities of $179 million or $0.26 per share1, for the three months ended June 30, 2019 . Production in the quarter was [...]
First Quantum Minerals Ltd. will release second quarter 2019 financial and operating results on Monday July 29, 2019 after the close of the Toronto Stock Exchange. The Company’s President, Clive Newall, will host a conference call and webcast to discuss the results on Tuesday July 30, 2019 at 9:00 am . Conference call and webcast details are [...]
First Quantum Minerals Ltd. announced today that the first shipment of copper concentrate from Cobre Panama has left port. This shipment is the first from the operation and a significant milestone of the ongoing ramp-up. Cobre Panama is the Company's newest operation located in the district of Donoso, Colon province, in the Republic of Panama [...]
First Quantum Minerals Ltd. announced that the nominees listed in the Management Information Circular for the 2019 Annual General Meeting of Shareholders were elected as directors of First Quantum. In total, 519,806,922 shares were voted at the meeting, representing 75.40% of the issued and outstanding shares of the Company. Detailed results of [...]
