First Quantum Minerals Ltd. has published its sustainability reports for 2023. The Environment, Social and Governance Report is the Company's primary sustainability report, setting out its sustainability performance. The Company has also published its Task Force on Climate-related Financial Discloses aligned Climate Change Report and Tax Transparency and Contributions to Government Report. In 2023, the Company made [...]
First Quantum Minerals Ltd. announced that the nominees listed in the Management Information Circular for the 2024 Annual Meeting of Shareholders were elected as directors of First Quantum. In total, 698,930,219 shares were voted at the meeting, representing 83.85% of the issued and outstanding shares of the Company. Detailed results of the vote for the election of directors held at the Annual Meeting on May 9, 2024 are [...]
First Quantum Minerals Ltd. today reports results for the three months ended March 31, 2024 of a net loss attributable to shareholders of the Company of $159 million and an adjusted loss1 of $154 million . "The successful completion of a comprehensive refinancing package during the first quarter of this year has strengthened the Company's balance sheet significantly and it has unlocked the time and financial headroom [...]
First Quantum Minerals Ltd. will release first quarter 2024 financial and operating results on Tuesday, April 23, 2024 after the close of the Toronto Stock Exchange. The Company will host a conference call and webcast to discuss the results on Wednesday, April 24, 2024 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 or [...]
First Quantum Minerals Ltd. provides notice that the Annual General Meeting of shareholders of the Company will take place on May 9, 2024 at 9:00 am online via audio webcast through the Company's website or directly at https://meetnow.global/MJ5KGCY. ANNUAL DISCLOSURE DOCUMENTS The Company's 2023 Annual Report , Annual Information Form, 2024 Notice & Access Document, Notice of Meeting, Management Information Circular [...]
First Quantum Minerals Ltd. announces that it has completed the previously-announced redemption in full of its $1,050,000,000 aggregate principal amount 7.50% senior notes due 2025 and $1,000,000,000 aggregate principal amount 6.875% senior notes due 2026 . The Company redeemed the Notes at a redemption price of 100.00% of the principal amount, plus accrued and unpaid interest, using the proceeds from its [...]
First Quantum Minerals Ltd. announced today that it has completed the previously-announced bought deal offering of common shares of the Company . First Quantum issued 139,932,000 common shares at a price of C$11.10 per common share for aggregate gross proceeds of C$1,553,245,200. The syndicate of underwriters was led by RBC Capital Markets, BMO Capital Markets and Goldman Sachs as joint bookrunners and included BNP [...]
First Quantum Minerals Ltd. announces that it has successfully completed the pricing of its offering of $1,600 million aggregate principal amount of 9.375% senior secured second lien due 2029 . The issue price of the Notes is 100.000%. Interest on the Notes will accrue from the issue date at a rate of 9.375% per annum and will be payable semiannually. Settlement is expected to take place on or about February 29, 2024 [...]
First Quantum Minerals Ltd. announces that it is launching an offering of $1,600 million aggregate principal amount of senior secured second lien notes due 2029 . The Notes will be senior secured second lien obligations and will rank equally in right of payment with all of the Company's existing and future senior debt and senior in right of payment to all of the Company's existing and future subordinated debt. The Notes [...]
First Quantum Minerals Ltd. announces that it has entered into an agreement with a syndicate of underwriters led by RBC Capital Markets, BMO Capital Markets and Goldman Sachs as joint book-runners pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 121,680,000 common shares of First Quantum at a price of C$11.10 per Common Share , for aggregate gross proceeds of approximately C$1,351 [...]
First Quantum Minerals Ltd. announces four balance sheet strengthening initiatives : $500 million copper prepayment agreement The amendment and extension of its $2.2 billion corporate bank facilities that revises the leverage covenant and extends the maturity profile to April 2027 $1,000 million bought deal offering of common shares $1,600 million senior secured second lien notes offering These transactions will, when [...]
First Quantum Minerals Ltd. today reports results for the three months ended December 31, 2023 of a net loss attributable to shareholders of the Company of $1,447 million and an adjusted loss1 of $259 million . For the year ended December 31, 2023, the Company reported a net loss attributable to shareholders of the Company of $954 million and adjusted earnings1 of $261 million . "2023 closed with the Company facing one of [...]
