First Quantum Minerals Ltd.

First Quantum Minerals Ltd. today announced that its subsidiary, Minera Panama S.A. , has begun to reduce ore processing operations at the Cobre Panama mine. Cobre Panama has reduced its processing operations by ramping down one ore processing train while two remain operational. This disruption to operations is due to an illegal blockade of small boats at the mine's Punta Rincón port. The illegal actions at the port have [...]

First Quantum Minerals Ltd. notes that during the week commencing October 30, 2023, the National Assembly of Panama held ordinary and extraordinary sessions concerning Bill 1109 and Bill 1110. Bill 1109 relates to the initially proposed popular consultation regarding Law 406. Law 406, enacted on October 20, 2023 by the National Assembly of Panama, approved the revised contract for the Cobre Panama mine agreed between the [...]

First Quantum Minerals Ltd. notes the October 29 announcement by President Laurentino Cortizo of the Panamanian government's intention to hold a popular consultation on December 17 concerning Law 406. Law 406, recently enacted by the National Assembly of Panama, approved the Company's Panamanian subsidiary's, Minera Panama S.A , revised contract for the Cobre Panama mine. First Quantum has contacted the government in [...]

First Quantum Minerals Ltd. today reports results for the three months ended September 30, 2023 of net earnings attributable to shareholders of the Company of $325 million and adjusted earnings1 of $359 million . "It was pleasing that production continued to improve during the third quarter at each of our three main copper operations. The ramp-up of the CP100 Expansion project is progressing well, allowing the Cobre [...]

First Quantum Minerals Ltd. announced today that Law 406, which approves the refreshed mining concession contract for the Cobre Panamá mine, was published in the Official Gazette of Panamá on October 20, 2023. On October 20, 2023, the National Assembly in Panamá approved Bill 1100, being the proposal for approval of the Concession Contract for the Cobre Panamá mine, in the third debate of the plenary session with a vote [...]

Venus Metals Corporation Ltd. is pleased to announce the results of surface sampling from the Mangaroon North Base Metals-REE Project in the Gascoyne Region of Western Australia. - Highly anomalous copper and zinc concentrations in rock chips are broadly associated with elevated Co, Ni, Sb and Mo. These anomalies are mostly associated with ironstones of the Kiangi Creek Formation and a dolerite dyke. - High lead of up to [...]

First Quantum Minerals Ltd. will release third quarter 2023 financial and operating results on Tuesday, October 24, 2023 after the close of the Toronto Stock Exchange. The Company will host a conference call and webcast to discuss the results on Wednesday, October 25, 2023 at 9:00 am . Conference call and webcast details: Toll-free North America: 1-800-319-4610 Toll-free International: +1-604-638-5340 Webcast: Direct link [...]

First Quantum Minerals Ltd. is deeply saddened to announce the passing of one of its founders and Chairman, Philip Pascall, on September 19, 2023. Philip passed away peacefully at home in Perth, Western Australia. Philip co-founded First Quantum in 1996, serving as the Chairman since its inception and Chief Executive Officer until 2022. Under his leadership, Philip instilled an entrepreneurial and bold culture that saw [...]

First Quantum Minerals Ltd. and Rio Tinto have completed the previously announced transaction to progress the next phase of the La Granja project in Peru, one of the largest undeveloped copper deposits in the world. "La Granja has the potential to be a large, long-life operation and supply the copper that will be needed as the world transitions to the greener economy and where responsible mining will be the only [...]

First Quantum Minerals Ltd. today reports results for the three months ended June 30, 2023 of net earnings attributable to shareholders of the Company of $93 million and adjusted earnings1 of $85 million . "After a challenging start to the year, it is pleasing to see the improvements at our three largest operations. During the second quarter, Sentinel achieved its highest monthly production for the year in May and Cobre [...]