First Quantum is a global mining company primarily producing copper, with secondary production in gold, nickel, zinc and cobalt.We operate long life mines in several countries and employ approximately 20,000 people worldwide.
(In United States dollars, except where noted otherwise) TORONTO, April 23, 2024 (GLOBE NEWSWIRE) - First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX: FM) today reports results for the three months ended March 31, 2024 ("Q1 2024" or the "first quarter") of a net loss attributable to shareholders of the Company of $159 …
A portfolio of world-class copper deposits. Highly skilled management, technical and operations teams. After more than 20 years as a growing, global mining company, we …
Panama had provided First Quantum a 20-year mining right with an option to extend for another 20 years, in return for $375 million in annual revenue to Panama. Sign Up for the Copper Digest.
In a surprise move late last year, Panama ordered the closure of Cobre Panama mine, one of the biggest and the newest copper mines in the world, which accounted for about 40% of First Quantum's ...
The Supreme Court of Panama began deliberations on Friday that will decide the fate of First Quantum Minerals' (TSX: FM) giant Cobre Panama copper mine, the only mining operation in the Central ...
First Quantum Minerals said it remains committed to Panama and its flagship mine, even as it follows orders to shutter the site. Read more. ... The Cobre Panama mine — one of the world's largest …
The top court's ruling capped six weeks of protests and official announcements over a contract that gave First Quantum 20 years of mining rights over the giant copper asset, with an option to ...
(In United States dollars, except where noted otherwise) TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) - First Quantum Minerals Ltd. ("First Quantum" or "the Company") (TSX: FM) announces preliminary production for the three months ("Q4") and year ended December 31, 2023, guidance for production, capital expenditures and costs …
Canadian mining company First Quantum Minerals discussed the start of construction on the $3.5bn ($4.75bn) Taca Taca project during Argentina Mining 2024, an international mining sector event at the Province of Salta Convention Centre.. The Taca Taca project, a top-tier copper mine located 230km west of Salta, foresees a multibillion …
After months of negotiations, Canada's biggest pure copper player First Quantum Minerals (TSX:FM)(LON:FQM) has acquired the 85.5% of the outstanding shares in Inmet Mining Corp. (TSX:IMN) and ...
First Quantum Minerals 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 ...
Kansanshi, pictured, is the largest copper mine by output in Zambia and is 20% owned by ZCCM-IH, with the balance owned by First Quantum Minerals.Image courtesy of
First Quantum is a global copper company. We produce copper in the form of concentrate, cathode and anode, and have inventories of nickel, gold and cobalt. We …
For First Quantum, which had borrowed heavily to construct a mine in the dense Panamanian jungle, it simply had to succeed. Philip Pascall was unmoved. A swashbuckling Zimbabwean who had built First Quantum from scratch by making bold bets that few others had the stomach for, he brushed aside the president's warning and …
First Quantum Minerals Ltd., together with its subsidiaries, engages in the exploration, development, and production of mineral properties. It primarily explores for copper, nickel, pyrite, silver, gold, …
Without mining, we wouldn't have many of the things we take for granted in our daily lives. Find out more. See how modern mining works. Many people have the wrong image of mining. It's a high-tech industry full of innovative engineering, with lots of intelligent people ensuring that the materials we need are extracted with care ...
First Quantum is a global mining company primarily producing copper, with secondary production in gold, nickel, zinc and cobalt. We operate long life mines in several …
First Quantum Minerals, opens new tab on Tuesday offered voluntary retirement to more than 1,500 employees at its key Panama mine, a day after announcing a major restructuring to conserve cash ...
First Quantum Minerals 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.
(In United States dollars, except where noted otherwise) TORONTO, Oct. 22, 2023 (GLOBE NEWSWIRE) - First Quantum Minerals Ltd. ("First Quantum" or "the Company") (TSX: FM) announced today that Law 406, which approves the refreshed mining concession contract ("Concession Contract") for the Cobre Panamá mine, was …
The mine also plays a key role for the country's economy since it accounts for about five per cent of Panama's gross domestic product. In addition, Cobre Panama employs about 7,000 people, with another 33,000 individuals dependent on the mine indirectly, First Quantum said.
The contract in dispute was agreed last month by Panama's government and provided First Quantum a 20-year mining right with an option to extend for another 20 years, in return for $375 million in ...
First Quantum Minerals Ltd (FQM) is re-shuffling top-tier personnel at its Zambian operations in a bid to tackle production and safety shortfalls in the South African country, an internal memo ...
The Ravensthorpe mine has always been viewed as relatively high cost operation, and was previously suspended in 2017-19. ... In 2021, First Quantum sold a 30% stake in the Ravensthorpe mine for ...
Mining and Processing. Cobre Panama comprises a series of copper porphyry deposits The main deposits are Balboa, Botija, Colina and Valle Grande. There are also a …
Uncertainty around its flagship mine in Panama had already wiped about C$10 billion off First Quantum's market value, almost 50% of it, since Cortizo decided to call a referendum on the contract ...
Canadian mining company First Quantum Minerals discussed the start of construction on the $3.5bn ($4.75bn) Taca Taca project during Argentina Mining 2024, an international mining sector event at ...
Canadian mining company First Quantum Minerals is in discussions to divest a stake in its copper mines in Zambia to one of its shareholders, Jiangxi Copper, Reuters reported. In Zambia, First Quantum fully owns the Sentinel mine and holds an 80% stake in the Kansanshi mine, while the remaining 20% stake is held by the …
06 September 2024. First Quantum Minerals has met with authorities of the Argentine government about the start of construction of the US$3.5 billion Taca Taca copper-molybdenum project in Salta ...
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 ...
(in United States dollars, tabular amounts in millions, except where noted) TORONTO, May 08, 2022 (GLOBE NEWSWIRE) - First Quantum Minerals Ltd. ("First Quantum" or "the Company") (TSX: FM) is pleased to announce that the Company's Board of Directors has approved the S3 Expansion at the Kansanshi mine and the Enterprise nickel project.
Cobalt is a strategically imporant mineral with most global supplies being produced in Africa as a by-product of copper mining. Cobalt is primarily used in lithium-ion batteries, and in the manufacture of magnetic, wear-resistant and high-strength alloys.
(In United States dollars, except where noted otherwise) TORONTO, Nov. 20, 2023 (GLOBE NEWSWIRE) - First Quantum Minerals Ltd. ("First Quantum" or "the Company") (TSX: FM) today announced that its subsidiary, Minera Panamá S.A. ("MPSA"), has further ramped down operations at Cobre Panama to one remaining ore processing …
