Venus Metals Corporation Ltd. is pleased to announce the results of surface sampling from the Mangaroon North Base Metals-REE Project in the Gascoyne Region of Western Australia. - Highly anomalous copper and zinc concentrations in rock chips are broadly associated with elevated Co, Ni, Sb and Mo. These anomalies are mostly associated with ironstones of the Kiangi Creek Formation and a dolerite dyke. - High lead of up to [...]
First Quantum Minerals Ltd. will release third quarter 2023 financial and operating results on Tuesday, October 24, 2023 after the close of the Toronto Stock Exchange. The Company will host a conference call and webcast to discuss the results on Wednesday, October 25, 2023 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 [...]
First Quantum Minerals Ltd. 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. Under his leadership, Philip instilled an entrepreneurial and bold culture that saw [...]
First Quantum Minerals Ltd. and Rio Tinto have completed the previously announced transaction to progress the next phase of the La Granja project in Peru, one of the largest undeveloped copper deposits in the world. "La Granja has the potential to be a large, long-life operation and supply the copper that will be needed as the world transitions to the greener economy and where responsible mining will be the only [...]
First Quantum Minerals Ltd. today reports results for the three months ended June 30, 2023 of net earnings attributable to shareholders of the Company of $93 million and adjusted earnings1 of $85 million . "After a challenging start to the year, it is pleasing to see the improvements at our three largest operations. During the second quarter, Sentinel achieved its highest monthly production for the year in May and Cobre [...]
First Quantum Minerals Ltd. today announced that its Board of Directors have approved an interim dividend of $0.08 Canadian dollar per share in respect of the financial year ending December 31, 2023. The dividend will be paid on September 19, 2023 to shareholders of record on August 28, 2023. The Company has established a Dividend Reinvestment and Share Purchase Plan for its Canadian resident shareholders . The Plan [...]
First Quantum Minerals Ltd. will release second quarter 2023 financial and operating results on Tuesday, July 25, 2023 after the close of the Toronto Stock Exchange. The Company will host a conference call and webcast to discuss the results on Wednesday, July 26, 2023 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. today announced that, following completion of the issuance of its $1,300 million aggregate principal amount of 8.625% Senior Notes due 2031, the financing condition with respect to the Company's proposed partial redemption of its outstanding 7.500% Senior Notes due 2025 has been satisfied and the Company will redeem $300 million of the 2025 Notes on May 31, 2023. The information in this [...]
First Quantum Minerals Ltd. today announced that it has successfully completed the pricing of its offering of $1,300 million aggregate principal amount of 8.625% Senior Notes due 2031 . The original offering amount of the Notes of $1,000 million has been increased to $1,300 million. The issue price of the Notes is 100.000%. Interest on the Notes will accrue from the issue date at a rate of 8.625% per annum and will be [...]
First Quantum Minerals Ltd. today announced that it is launching an offering of $1,000 million aggregate principal amount of Senior Notes due 2031 . The Notes will be senior unsecured obligations of the Company and will be guaranteed by certain of the Company's subsidiaries. Interest on the Notes will accrue from the issue date and will be payable semi-annually. The interest rate and offering price of the Notes along with [...]
First Quantum Minerals Ltd. has published its primary sustainability report for 2022. The Environment, Social and Governance Report is the Company's seventh report setting out its sustainability performance. "At First Quantum, we are proud of the contribution that mining makes to our communities and society," commented Tristan Pascall, Chief Executive Officer. "Mining has a fundamental role to play in providing the metals [...]
First Quantum Minerals Ltd. announced that the nominees listed in the Management Information Circular for the 2023 Annual Meeting of Shareholders were elected as directors of First Quantum. In total, 592,646,424 shares were voted at the meeting, representing 85.58% 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 4, 2023 are [...]