First Quantum Minerals Ltd. today announced that its Board of Directors has approved a final dividend of $0.005 Canadian dollar per share in respect of the financial year ending December 31, 2021. This, together with the interim dividend of CDN$0.005, makes a total of CDN$0.01 for the 2021 financial year. The dividend will be paid on May 6, 2022 to shareholders of record on April 14, 2022. The Company has established a [...]
First Quantum Minerals Ltd. today reported results for the three months and year-ended December 31, 2021. For the three months ended December 31, 2021 , the Company reported net earnings attributable to shareholders of the Company of $247 million , adjusted earnings1 of $306 million , and cash flows from operating activities of $760 million . For the year-ended 2021, the Company reported net earnings attributable to [...]
First Quantum Minerals Ltd. will release fourth quarter and year-end 2021 financial and operating results on Tuesday, February 15, 2022 after the close of the Toronto Stock Exchange. The Company will host a conference call and webcast to discuss the results on Wednesday, February 16 at 9:00 am . Conference call and webcast details: Toll-free North America: 1-800-952-5114 Toronto Local and International: 1-416-406-0743 [...]
First Quantum Minerals Ltd. today announced preliminary production for the three months and year ended December 31, 2021, and guidance for production, capital expenditures and costs for the years 2022 to 2024. In addition, the Company has released its targets for reductions in greenhouse gas emissions and a financial policy that includes a new performance-based dividend payout policy. The Company has released an updated [...]
First Quantum Minerals Ltd. announces that it will be hosting a virtual Capital Markets Day on January 18, 2022. This virtual event will feature presentations by Chief Operating Officer, Tristan Pascall, and members of senior management outlining the company's strategy, three-year guidance, organic growth profile, ESG initiatives and capital allocation approach. The three-hour virtual capital markets event will commence [...]
First Quantum Minerals Ltd. today announced that it has issued a notice of partial redemption for $600 million of its outstanding 7.250% Senior Notes due April, 2023 for December 7, 2021 . As specified in the notice of partial redemption relating to the redemption of the 2023 Notes, the portion of the outstanding 2023 Notes to be redeemed will be allocated on a lottery drawing basis at a redemption price of 101.813% of [...]
First Quantum Minerals Ltd. today announced that the Board of Directors will appoint Tristan Pascall, currently the Company's Chief Operating Officer , to the role of Chief Executive Officer . The appointment will take effect at the Annual General Meeting to be held in early May 2022, at which time Philip Pascall, the Company's current Chairman and CEO, will retire from the CEO role and will continue to serve as Chairman [...]
First Quantum Minerals Ltd. today reported results for the three and nine months ended September 30, 2021. The Company reported, for the three months ended September 30, 2021 , comparative earnings1 of $197 million , net earnings attributable to shareholders of the Company1 of $303 million and cash flows from operating activities of $703 million . "In the third quarter, we delivered continued strong operational [...]
Venus Metals Corporation Ltd. is pleased to provide an update on its recent field exploration activities in the Mangaroon North project area that abuts Dreadnought Resources Ltd's tenure in the Gascoyne Region of Western Australia and is prospective for Ni-Cu-Pt-Pd, Au and rare earth mineralization. - An initial soil geochemical survey totalling c. 1,500 samples was completed across E 09/2422, E 08/3229 and ELA 08/3375 [...]
First Quantum Minerals Ltd. today announced that it has signed a new $2.925 billion Term Loan and Revolving Credit Facility . This new Facility replaces the existing $2.7 billion Term Loan and Revolving Credit Facility due to mature December 2022. The new $2.925 billion Facility comprises a $1.625 billion Term Loan Facility and a $1.3 billion Revolving Credit Facility, maturing in September 2025. The Facility is [...]
First Quantum Minerals Ltd. will release third quarter 2021 financial and operating results on Tuesday, October 26, 2021 after the close of the Toronto Stock Exchange. The Company will host a conference call and webcast to discuss the results on Wednesday, October 27, 2021 at 9:00 am . Conference call and webcast details: Toll-free North America: 1-800-952-5114 Toronto Local and International: 416-406-0743 Toll-free UK [...]
First Quantum Minerals Ltd. today reported results for the three and six months ended June 30, 2021. The Company reported, for the three months ended June 30, 2021 , comparative earnings1 of $173 million , net earnings attributable to shareholders of the Company1 of $140 million and cash flows from operating activities of $679 million , which represent a significant improvement on the same quarter of 2020. "The second [...]
