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  • First Quantum Minerals Ltd. Home

    Unique expertise. We unlock value from complex mineral projects through management, technical and operating skills to deliver rewarding jobs for employees, sustainable development for local communities and returns for our shareholders.

    First Quantum Minerals Ltd. 2019 Annual Report

    First Quantum is a global mining company primarily producing copper, with secondary production of gold and zinc and inventories of nickel and cobalt. We operate long life mines in several countries and employ approximately 20,000 people worldwide.

    First Quantum Minerals Wikipedia

    First Quantum Minerals Ltd. is a Canadian-based mining and metals company whose principal activities include mineral exploration, development and mining. Its main product is copper, which accounts for 80% of revenues as of 2016. First Quantum's common shares are listed for trading on the Toronto Stock Exchange in Canada (symbol "FM"). Until 2016, First Quantum also maintained a secondary listing on the London Stock Exchange(sy

    Jiangxi Copper sells shares in First Quantum MINING.COM

    Jul 20, 2020· In the first quarter of the year, First Quantum reported consolidated copper production of 195,285 tonnes, a 43% year-on-year increase, including a

    First Quantum eyes stake sale in Cobre Panama copper mine

    Canadian miner First Quantum Minerals is reportedly considering the sale of a minority stake in its flagship Cobre Panama copper mine to reduce the company’s debt.. Reuters, quoting two banking sources familiar with the discussions, reported the miner’s possible move comes at a time when mining firms across the world are struggling to boost finances amid the coronavirus Covid-19 pandemic

    First Quantum Minerals Ltd. Our Operations

    First Quantum acquired 100 per cent of Taca Taca from Lumina Copper Corporation in 2014, through its subsidiary, Corriente Argentina S.A. (CASA). Mining and Processing The Taca Taca copper-gold-molybdenum porphyry deposit is held in a composite package consisting of a number of separate concessions and exploration permits.

    First Quantum to restart operations at Cobre Panama copper

    Cobre Panama, with a 40-year mine life, has proven copper reserves of 3.18 billion tonnes. First Quantum has a 90% stake in the mine. The Canadian miner will implement a reopening plan which provides for a phased increase of on-site staff, while production is increased at an annual throughput rate of 85 million tonnes per annum.

    First Quantum Minerals Ltd. About Us At a Glance

    We have recorded many significant commercial and technical achievements over the past two decades as First Quantum has grown into one of the world's largest copper producers. From our initial operation reprocessing tailings facilities in Zambia, to the recently completed giant Cobre Panama operation, we have used our skills to discover, develop

    First Quantum plans $327m expansion of giant copper mine

    Apr 02, 2019· Canadian miner First Quantum Minerals (TSX:FM) is planning a $327 million expansion of its already massive mining and processing complex in Panama, the largest copper mine

    First Quantum Minerals Ltd. Investors

    In addition to these minerals, we produce gold, zinc and cobalt as commercially important by-products from our copper and nickel extraction. Why Invest. By 2021, the combined output of our mines will be more than 800,000 tonnes of copper per year, making us one of the world's top producers of this metal.

    First Quantum revises guidance for 2020 MINING.COM

    Apr 28, 2020· With its Cobre Panama mine on care and maintenance since April 7, First Quantum Minerals has reduced its copper guidance for the year by

    First Quantum distills New Year vow to two words: cut debt

    Even as copper pierces seven-year highs, First Quantum Minerals is pushing into the new year with plans that hinge on one unsexy goal: cutting debt. The top-ten copper producer is emerging from a

    First Quantum to restart operations at Cobre Panama copper

    Cobre Panama, with a 40-year mine life, has proven copper reserves of 3.18 billion tonnes. First Quantum has a 90% stake in the mine. The Canadian miner will implement a reopening plan which provides for a phased increase of on-site staff, while production is increased at an annual throughput rate of 85 million tonnes per annum.

    First Quantum eyes stake sale in Panama mine sources

    Miner First Quantum Minerals <FM.TO> is considering selling a minority stake in its flagship Cobre Panama copper mine to reduce debt, two banking sources familiar with the discussions said.

    First Quantum Panama Copper Mine Televiewer Training

    Apr 16, 2020· First Quantum Panama is one of the largest copper deposits being developed worldwide within the past decade. The geotechnical greenfield group had recently purchased a set of Optical and Acoustic Televiewers. The First Quantum website gives a great overview of the mine site and reserves as they ramp up their production:

    Canada's First Quantum may team-up with Rio Tinto to

    Canadian miner First Quantum Minerals Ltd is looking for strategic partners to develop new copper projects and a joint venture with Rio Tinto in Peru could be on the cards, First Quantum's chief

    First Quantum’s Cobre Panama Mining Technology

    First Quantum said in a statement that C1 costs in 2022, when the operations at the mine is fully ramped-up, are expected to be $1.20/lb and all-in sustaining costs of $1.50/lb. The company expects to reach annual throughput of 100Mt/y by 2023, resulting in copper production of more than 350,000tpa.

    First Quantum Minerals Reports Third Quarter 2020 Results

    First Quantum Minerals Ltd. today reported results for the three and nine months ended September 30, 2020. The Company reported, for the three months ended September 30, 2020 comparative earnings

    First Quantum says no expansion at Zambia copper mine

    Canada's First Quantum Minerals Ltd does not require any expansion at its Kansanshi copper mine in Zambia to start operating until the end of 2024, Chief Executive Officer Philip Pascall said on

    First Quantum to boost copper output by up to 25% this year

    Canadian mining company First Quantum on Thursday reported its highest-ever yearly copper production and said that it could increase its output by up to

    COPPER: First Quantum revises guidance for 2020 Canadian

    Apr 28, 2020· With its Cobre Panama mine on care and maintenance since Apr. 7, First Quantum Minerals has reduced its copper guidance for the year by 75,000 tonnes to 755,000-805,000 tonnes, with expected gold production falling by 30,000 oz. to 250,000-270,000 oz. The forecast depends on officials allowing Cobre Panama to reopen by the end of May, with normal production levels being

    First Quantum weighs $1 billion Zambian copper mine

    First Quantum Minerals and the Zambian government: looking to the future of copper mining. TORONTO/LONDON (Reuters) Canadian miner First Quantum Minerals Ltd is

    First Quantum Panama Copper Mine Televiewer Training

    Apr 16, 2020· First Quantum Panama is one of the largest copper deposits being developed worldwide within the past decade. The geotechnical greenfield group had recently purchased a set of Optical and Acoustic Televiewers. The First Quantum website gives a great overview of the mine site and reserves as they ramp up their production:

    First Quantum eyes stake sale in Cobre Panama copper mine

    Canadian miner First Quantum Minerals is reportedly considering the sale of a minority stake in its flagship Cobre Panama copper mine to reduce the company’s debt.. Reuters, quoting two banking sources familiar with the discussions, reported the miner’s possible move comes at a time when mining firms across the world are struggling to boost finances amid the coronavirus Covid-19 pandemic

    Zambia’s central bank to buy gold from First Quantum to

    2 天前· Under an agreement signed between Zambia’s central bank and First Quantum, Zambia will buy gold produced as a by-product of the latter’s Kansanshi mine. Kansanshi is a copper-gold mine located near Solwezi in Zambia. Last year, the mine produced 145,386oz of gold in 2019, according to information available on First Quantum’s website.

    Jiangxi Copper ends First Quantum union Mining Journal

    China’s largest copper producer, Jiangxi Copper, has sold the 1.2 million shares in Canada’s First Quantum Minerals it acquired late last year, more evidence of a troubled relationship between

    First Quantum and locals to develop new Zambia mine

    Aug 07, 2012· First Quantum’s internal mine model for Fishtie, developed by external mining consultants, indicated a preliminary resource of some 500,000t of copper, Kwalela Lamaswala told Reuters. Zambia’s Mimosa Resources Limited and First Quantum were planning further work programmes to advance the development of the project, including drilling and an

    First Quantum to expand operations at big Zambia copper mine

    Sep 14, 2020· First Quantum Minerals (OTCPK:FQVLF) says it plans to expand operations at the Kansanshi mine in Zambia, Africa's biggest copper mine.The company says it plans to expand the sulfide ore processing

    First Quantum Minerals' Global Operations and the Fate of

    Aug 23, 2017· Overview of First Quantum Minerals’ Zambian Operations. The flagship of FQM’s operations in Zambia is the Sentinel Mine in Kalumbila which accounts for much of Zambia’s 800,000 MT of copper production. FQM produced more than 70% of its copper last year in Zambia; and was responsible for more than a third of government income from the

    First Quantum unveils Taca Taca maiden resource estimate

    First Quantum is a diversified mining company that is engaged in the production of copper, nickel, gold and zinc. It has operating mines in Zambia, Finland, Turkey, Spain and Mauritania. The company’s portfolio of assets includes the Kansanshi mine in Zambia, which ranks as the largest copper mine

    First Quantum eyes operations expansion at Zambia mine

    Sep 15, 2020· C anadian miner First Quantum Minerals Ltd. said on Monday it plans to expand operations at the Kansanshi mine in Zambia, Africa’s biggest copper mine.. In a technical report, the company said it plans to expand the sulphide ore processing facility at the Kansanshi mine by 25 million tonnes per annum (mtpa), which will boost annual throughout to 52 mtpa.

    First Quantum marches to 800,000 copper goal Kitco News

    Feb 13, 2020· First Quantum plans to mine more nickel. In the first quarter of 2020, the company’s Ravensthorpe nickel mine is planned to restart operations. Production of between 15,000 to 20,000 tonnes of nickel is expected for the full year 2020 increasing to between 25,000 to 28,000 for the following two years. Jiangxi Copper has been circling First

    First Quantum reports record Q3 2020 copper production and

    First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX:FM) today reported results for the three and nine months ended September 30, 2020.The Company reported, for the three months ended September 30, 2020 (“Q3”), comparative earnings 1 of $64 million ($0.09 per share 1), net earnings attributable to shareholders of the Company 1 of $29 million ($0.04 per share 1) and

    First Quantum eyes stake sale in Panama mine sources

    Miner First Quantum Minerals <FM.TO> is considering selling a minority stake in its flagship Cobre Panama copper mine to reduce debt, two banking sources familiar with the discussions said.

    First Quantum cuts Cobre Panama copper guidance

    First Quantum realised a copper price of $2.56/lb, which was 8% lower than the same period of 2019. The LME average copper price fell by 9% in the quarter, on the economic fallout of Covid-19.

    First Quantum weighs $1bn copper mine expansion in Zambia

    Jan 07, 2020· First Quantum weighs $1bn copper mine expansion in Zambia By The Mast (Editorial) on January 7, 2020 CANADIAN miner First Quantum Minerals Ltd. is weighing investment of around US$1 billion to lift output at Africa’s biggest copper mine in Zambia, a company document seen by Reuters showed.

    First Quantum to boost copper output by up to 25% this year

    Canadian mining company First Quantum on Thursday reported its highest-ever yearly copper production and said that it could increase its output by up to 25% this year. The miner, which in October declared commercial production at its new Cobre Panama mine, produced 702 000 t of copper in 2019, an increase of 96 000 t from 2018 production.

    First Quantum will produce more nickel and a little less

    Overall copper production guidance for 2020 is between 830,000 to 880,000 tonnes. By 2022 production will drop to between 800,000 and 850,000 tonnes. First Quantum sees copper production dropping off at its Spanish open-pit mine, Las Cruces. Other mining operations--Cobre Panama and Sentinel--show slight production gains.

    First Quantum ships copper from Cobre Panama mine

    Canadian miner First Quantum celebrated a significant milestone at its newest copper mine last week with the first shipment of 31 200 t of concentrate leaving the Punta Rincon port under a

    First Quantum and locals to develop new Zambia mine

    Aug 07, 2012· First Quantum’s internal mine model for Fishtie, developed by external mining consultants, indicated a preliminary resource of some 500,000t of copper, Kwalela Lamaswala told Reuters. Zambia’s Mimosa Resources Limited and First Quantum were planning further work programmes to advance the development of the project, including drilling and an

    First Quantum defends copper hedging amid rising prices

    Aug 21, 2017· VANCOUVER — First Quantum Minerals (TSX: FM; LON: FQM) met expectations during the second quarter by most production metrics, but it finds itself in an interesting position due to a copper hedging program it instituted over the past two years. The company reported a comparative net loss of US$97 million on its hedge book during the quarter, which contributed to a US$35 million, or

    First Quantum to expand operations at big Zambia copper mine

    Sep 14, 2020· First Quantum Minerals (OTCPK:FQVLF) says it plans to expand operations at the Kansanshi mine in Zambia, Africa's biggest copper mine.The company says it plans to expand the sulfide ore processing

    First Quantum eyes operations expansion at Zambia mine

    Sep 15, 2020· C anadian miner First Quantum Minerals Ltd. said on Monday it plans to expand operations at the Kansanshi mine in Zambia, Africa’s biggest copper mine.. In a technical report, the company said it plans to expand the sulphide ore processing facility at the Kansanshi mine by 25 million tonnes per annum (mtpa), which will boost annual throughout to 52 mtpa.

    First Quantum Minerals Reports Third Quarter 2020 Results

    First Quantum Minerals Ltd. today reported results for the three and nine months ended September 30, 2020. The Company reported, for the three months ended September 30, 2020 comparative earnings

    First Quantum ups copper production 10% Kitco News

    The company produced 211,396 tonnes of total copper in the quarter, 10% higher than the same period in 2019, due to record production at both Sentine and Cobre Panama. The all-in sustaining cost was $1.48 per lb and cash cost of copper production of $1.07 per lb for the third quarter of 2020, a $0.38 per lb and $0.29 per lb decrease

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