TORONTO, March 20, 2018 /CNW/ - First Quantum Minerals Ltd. today responded to a news article about claims made by the Zambia Revenue Authority regarding underpayment of customs duties. The Company confirms that it is in possession of a letter from the ZRA, dated March 19, 2018, noting an assessment for import duties, penalties and interest on consumables and spare parts of 76.5 billion Zambian kwacha. The Company [...]
TORONTO, March 14, 2018 /CNW/ - First Quantum Minerals Ltd. today reported that the Cobre Panama project is currently experiencing industrial action which has reduced the level of work being performed on the project. This action was started by a small number of personnel and their outside union leadership on March 9, 2018. The dominant union, which represents the majority of workers, is not involved in the action [...]
VANCOUVER, Feb. 20, 2018 /CNW/ - First Quantum Minerals Ltd. today announced that it has successfully completed the pricing of its offering of Senior Notes due 2024 and 2026. The original offering amount of $1,500 million has been increased to $1,850 million, comprised of $850 million of Senior Notes due 2024 and $1,000 million of Senior Notes due 2026 . Interest on the 2024 Notes will accrue at a rate of 6.500% per [...]
First Quantum Minerals today announced that it is launching an offering of $1,500 million of Senior Notes due 2024 and Senior Notes due 2026. 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 principal amount of each series of the Notes along with certain other terms will be [...]
TORONTO, Feb. 12, 2018 /CNW/ - First Quantum Minerals Ltd. today announced a comparative loss1 of $36 million , a net loss from continuing operations attributable to shareholders of the Company1 of $115 million and cash flows from continuing operating activities of $203 million for the three months ended December 31, 2017. The results include a $188 million loss realized under the copper sales hedge program for which no [...]
TORONTO, Feb. 12, 2018 /CNW/ - First Quantum Minerals Ltd. today announced that its Board of Directors has approved a final dividend of CDN$0.005 per share in respect of the financial year ended December 31, 2017. The dividend will be paid on May 8, 2018 to shareholders of record on April 17, 2018. This, together with the interim dividend of CDN$0.005, makes a total of CDN$0.01 for the 2017 financial year. The Company [...]
TORONTO, Feb. 12, 2018 /CNW/ - First Quantum Minerals Ltd. today announced that its Board of Directors has approved the expansion of Cobre Panama's throughput capacity, by 15%, to 85 million tonnes per annum and upgrades to certain areas to accommodate a further increase to 100 mtpa after year 2022. The Board has also approved additional initiatives aimed at achieving a smooth and efficient commissioning and ramp-up [...]
TORONTO, Jan. 26, 2018 /CNW/ - First Quantum Minerals Ltd. will publish its fourth quarter and year 2017 financial and operating results on Monday February 12, 2018 followed by a conference call and webcast. Conference call and webcast details are as follows: Date: February 12, 2018 Time: 9:00 am ; 2:00 pm ; 6:00 am Webcast: www.first-quantum.com Dial in: North America [...]
TORONTO, Jan. 26, 2018 /CNW/ - First Quantum Minerals Ltd. today announced its preliminary production and sales for the three months and year ended December 31, 2017. Total copper production and sales for the year exceeded the prior year by approximately 6% and 8%, respectively. Amounts are preliminary and subject to final adjustment. The final amounts and the 2018 to 2020 market guidance will be published in the [...]
In the news release, First Quantum Minerals Enters into a Framework Agreement with Northern Dynasty Minerals, issued 18-Dec-2017 by First Quantum Minerals Ltd. over CISION, the conference call date, should read "December 18, 2017" rather than "December 19, 2017" as incorrectly transmitted by CISION. The complete, corrected release follows: First Quantum Minerals Enters into a Framework Agreement with Northern Dynasty [...]
TORONTO, Dec. 18, 2017 /CNW/ - First Quantum Minerals Ltd. today announced that it has entered into a framework agreement with Northern Dynasty Minerals Ltd. which contemplates that an affiliate of the Company will subsequently execute an option agreement with Northern Dynasty . Within five business days of the execution of the framework agreement, the affiliate of the Company will make a payment of US$37.5 million to [...]
(In United States dollars, except where noted otherwise) TORONTO, Oct. 26, 2017 /CNW/ - First Quantum Minerals Ltd. ("First Quantum" or the "Company", TSX Symbol "FM") today announced a comparative loss1 of $28 million ($0.04 per share1), net loss from continuing operations attributable to shareholders of the Company1 of $52 million ($0.08 per share) and cash flows from continuing operating activities of $267 million [...]
