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, 2019. The dividend will be paid on September 21, 2020 to shareholders of record on August 28, 2020. The Company has established a Dividend Reinvestment and Share Purchase Plan for its Canadian resident shareholders . The Plan enables Eligible [...]
First Quantum Minerals Ltd. will release second quarter 2020 financial and operating results on Tuesday July 28, 2020 after the close of the Toronto Stock Exchange. The Company will host a conference call and webcast to discuss the results on Wednesday July 29, 2020 at 9:00 am . First Quarter conference call and webcast details are as follows: Date: July 29, 2020 Time: 9:00 am ; 2:00 pm ; 6:00 am Webcast [...]
First Quantum Minerals Ltd. announces that Cobre Panama can resume full production. The Company has received notice of Resolution No. 1651, dated July 03, 2020, issued by the Ministry of Health of the Republic of Panama lifting the temporary suspensions at its Panamanian subsidiary, Minera Panama, S.A. Cobre Panama has been in Preservation and Safe Maintenance mode since April 6, 2020. The Company will implement a [...]
First Quantum Minerals Ltd. announced that the nominees listed in the Management Information Circular for the 2020 Annual and Special Meeting of Shareholders were elected as directors of First Quantum. In total, 505,436,164 shares were voted at the meeting, representing 73.32% of the issued and outstanding shares of the Company. Detailed results of the vote for the election of directors held at the Annual and Special [...]
First Quantum Minerals Ltd. today reported for the three months ended March 31, 2020 comparative loss1 of $79 million , net loss attributable to shareholders of the Company1 of $62 million and cash flows from operating activities of $473 million . “The COVID-19 pandemic has brought unprecedented challenges to communities, industries and the global economy. Our priority continues to be the health and safety of all of our [...]
First Quantum Minerals Ltd. today announced that the financial covenants under its senior $2.7 billion Term Loan and Revolving Credit Facility have been amended. The Net Debt to EBITDA Ratio has been increased as follows: to 5.00 for the third and fourth quarters of 2020; to 4.75 for the first and second quarters of 2021; and to 4.50 for the third and fourth quarters of 2021. The Debt Service Cover Ratio has been [...]
First Quantum Minerals Ltd. announces that, due to the ongoing health concerns around the COVID-19 pandemic, it will hold its annual and special meeting of shareholders in a virtual-only format, at the same time and on the same date as planned, being May 7, 2020 at 09:30 a.m. . In response to the recent public health measures enacted by the federal and provincial governments, and to mitigate risks to the health and safety [...]
First Quantum Minerals Ltd. will release first quarter 2020 financial and operating results on Monday, April 27, 2020 after the close of the Toronto Stock Exchange. The Company will host a conference call and webcast to discuss the results on Tuesday, April 28, 2020 at 9:00 am . First Quarter conference call and webcast details are as follows: Date: April 28, 2020 Time: 9:00 am ; 2:00 pm ; 6:00 am Webcast [...]
First Quantum Minerals Ltd. will release first quarter 2020 financial and operating results on Monday, April 27, 2020 after the close of the Toronto Stock Exchange. The Company will host a conference call and webcast to discuss the results on Tuesday, April 28, 2020 at 9:00 am . First Quarter conference call and webcast details are as follows: Date: April 28, 2020 Time: 9:00 am ; 2:00 pm ; 6:00 am Webcast [...]
First Quantum Minerals Ltd. announces that it is in receipt of Resolution No. 11622 dated April 6, 2020 issued by the Director General of Health of the Ministry of Health of the Republic of Panama ordering the temporary suspension of labour activities at its Panamanian subsidiary Minera Panama, S.A., as a sanitary control measure due to COVID-19. The Company has decided to place the Cobre Panama operation onto care and [...]
First Quantum Minerals Ltd. provides notice that the Annual and Special Meeting of Shareholders will take place on May 7 2020, at 09:30 am EDT online through the Company?s website or directly at https://web.lumiagm.com/286180665 and at Vantage Venues, 150 King St. West, 27th Floor, Toronto, ON, M5H 1J9, Canada. ANNUAL DISCLOSURE DOCUMENTS The Company?s 2019 Annual Report and the 2020 Notice & Access Document, Combined [...]
First Quantum Minerals Ltd. today announced that its production and sales remain stable in the current environment and maintains its production guidance for the year. “Our key priorities are the health of our employees and to ensure the business remains robust in the midst of a challenging commodity price environment,” stated Philip Pascall, CEO. “We are doing everything we can to care for our staff, their families and [...]