First Quantum Minerals Ltd. today announced its preliminary production and sales for the three months and year ended December 31, 2018, including record total copper production and sales for the year, exceeding the prior year by approximately 6% and 3%, respectively, and exceeding production guidance. Amounts are preliminary and subject to final adjustment. The final amounts and the 2019 to 2021 market guidance will be [...]
First Quantum Minerals Ltd. today reported comparative earnings1 of $128 million , net earnings attributable to shareholders of the Company1 of $61 million and cash flows from operating activities of $439 million for the three months ended September 30, 2018. The results include a $31 million gain realized under the corporate copper sales hedge program. SUMMARY: Operations Continue to Deliver Solid Results; Production [...]
First Quantum Minerals Ltd. will publish its third quarter 2018 financial and operating results on Monday October 29, 2018 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 30, 2018. Conference call and webcast details are as follows: Date: October 30, 2018 Time: 9:00 am ; 2:00 pm ; 6:00 am [...]
First Quantum Minerals Ltd. today noted the following proposed changes to the Zambian mining tax regime that are pertinent to the Company. The proposed changes were included in the country's 2019 budget delivered on September 28, 2018 to the National Assembly and are expected to take effect from January 1, 2019. Mineral Royalty changes: Increase mineral royalty rates by 1.5% at all levels of the existing scale Introduce [...]
First Quantum Minerals Ltd. today addressed the announcement of a Supreme Court ruling in connection to the constitutionality of Law 9 of 1997. Minera Panama, a subsidiary of the Company, understands that the Supreme Court ruling only affects the enactment of Law 9, and does not affect the mining concession contract itself, which remains in effect, and therefore allows continuity of development of the Cobre Panama [...]
TORONTO, Aug. 20, 2018 /CNW/ - First Quantum Minerals Ltd. regrets to announce that a worker at its Cobre Panama project passed away today following a fall whilst constructing an electrical transmission line in the tailings management facility area. A second worker was injured in the same incident and has been transferred to hospital. Cobre Panama has advised the relevant authorities and will assist their investigations [...]
TORONTO, July 30, 2018 /CNW/ - First Quantum Minerals Ltd. today reported comparative earnings1 of $128 million , net earnings attributable to shareholders of the Company1 of $135 million and cash flows from operating activities of $407 million for the three months ended June 30, 2018. The results include a $45 million loss realized under the copper sales hedge program for which no tax credit is available. SUMMARY [...]
TORONTO, July 30, 2018 /CNW/ - 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, 2018. The dividend will be paid on September 19, 2018 to shareholders of record on August 28, 2018. The Company has established a Dividend Reinvestment and Share Purchase Plan for its Canadian resident [...]
TORONTO, July 9, 2018 /CNW/ - First Quantum Minerals Ltd. will publish its second quarter 2018 financial and operating results on Monday July 30, 2018 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 31, 2018. Conference call and webcast details are as follows: Date: July 31, 2018 Time: 9:00 am ; 2:00 pm [...]
First Quantum Minerals announced that the nominees listed in the Management Information Circular for the 2018 Annual General Meeting of Shareholders were elected as directors of First Quantum. In total, 534,959,416 shares were voted at the meeting, representing 77.60% of the issued and outstanding shares of the Company. Detailed results of the vote for the election of directors held at the Annual General Meeting on May [...]
Northern Dynasty Minerals announced today that it has agreed to extend the deadline date of the framework agreement with First Quantum Minerals to May 31, 2018. The entry by First Quantum into the option agreement is contingent upon the completion of due diligence, necessary regulatory approvals being obtained and the successful negotiation of the final form of the option agreement and associated commercial agreements [...]
TORONTO, April 26, 2018 /CNW/ - First Quantum Minerals Ltd. today reported comparative earnings1 of $49 million , net earnings attributable to shareholders of the Company1 of $47 million and cash flows from operating activities of $796 million for the three months ended March 31, 2018. The results include a $121 million loss realized under the copper sales hedge program for which no tax credit is available. SUMMARY [...]