VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 30, 2014) - (In United States dollars, except where noted otherwise) First Quantum Minerals Ltd. ("First Quantum" or the "Company"), (TSX:FM)(LSE:FQM) today announced comparative net earnings1 of $133.6 million or $0.23 per share for the three months ended June 30, 2014 inclusive of $19.5 million or $0.04 per share of unfavorable, recurring acquisition-related adjustments [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 9, 2014) - First Quantum Minerals Ltd. ("First Quantum" or "the Company") (TSX:FM)(LSE:FQM) today reported that construction activity at its Cobre Panama copper project has resumed. Following discussions with union officials, the site was re-opened on Saturday July 5, 2014 and site activities are ramping up under the new roster of 21 days of work with seven days off. On [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 9, 2014) - First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX:FM)(LSE:FQM) will publish its second quarter 2014 financial and operating results on Wednesday, July 30, 2014 after the close of the TSX. The Company's President, Clive Newall, will host a conference call and webcast to discuss the results on Thursday, July 31, 2014. Conference call and webcast [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 26, 2014) - First Quantum Minerals Ltd. ("First Quantum" or "the Company") (TSX:FM) (LSE:FQM) today reported that it has temporarily halted construction activity at its Cobre Panama project due to an illegal work stoppage by some members of its construction workforce. The illegal stoppage is related to the implementation of a work roster applicable under the individual [...]
First Quantum Minerals and Lumina Copper announced today that they have entered into a definitive agreement pursuant to which First Quantum will acquire, by way of a court-approved plan of arrangement, all of the outstanding securities of Lumina. Based upon the consideration, the total value of 100% of the fully diluted common shares of Lumina is approximately $470 million. First Quantum currently owns 2.5 million of [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 23, 2014) - First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX:FM)(LSE:FQM) today announced that the nominees listed in the Management Information Circular for its 2014 Annual Meeting of Shareholders ("AGM") were elected as directors of the Company. Detailed results of the vote for the election of directors held at the AGM on May 21, 2014 in Toronto are set [...]
First Quantum today announced that it has successfully completed the pricing of its offering of Senior Notes due 2022, which was announced on Tuesday May 6, 2014. The original offering amount of $650 million has been increased to $850 million. Interest on the Notes will accrue at the rate of 7.25% per annum. Closing and funding are expected to take place on or about May 13, 2014, subject to customary conditions precedent [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 8, 2014) - (In United States dollars, except where noted otherwise) Minera Panama ("MPSA") a subsidiary of First Quantum Minerals Ltd. ("First Quantum") (TSX:FM)(LSE:FQM) and Petaquilla Minerals Ltd. (TSX:PTQ) ("PTQ") today announced the execution of an amendment to the Commercial Agreement Term Sheet dated May 23, 2013 (" Second Amendment" ). MPSA is to pay PTQ up to $60 [...]
First Quantum today announced that it is launching an offering of $650 million of Senior Notes due 2022. The Notes will be senior obligations of the Company and will be guaranteed by certain of the Company's subsidiaries. Interest will be payable semi-annually. The interest rate, offering price and other terms will be determined at the time of pricing of the offering, subject to market conditions.
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 5, 2014) - (In United States dollars, except where noted otherwise) First Quantum Minerals Ltd. ("First Quantum" or "the Company") (TSX:FM)(LSE:FQM) today announced that it has completed a syndication of its $2.5 billion Five-Year Term Loan and Revolving Facility (the "Facility") with an up-scaling of the Facility to $3 billion due to oversubscribed syndication demand. The [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 1, 2014) - (In United States dollars, except where noted otherwise) First Quantum Minerals Ltd. ("First Quantum" or "the Company") (TSX:FM)(LSE:FQM) today announced comparative net earnings1 for the three months ended March 31, 2014 of $126.8 million or $0.22 per share inclusive of $26.7 million or $0.05 per share of unfavorable, recurring acquisition-related adjustments [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 22, 2014) - First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX:FM)(LSE:FQM) will publish its first quarter 2014 financial and operating results on Thursday, May 1, 2014 after the close of the TSX. The Company's President, Clive Newall, will host a conference call and webcast to discuss the results on Friday, May 2, 2014. Conference call and webcast details [...]