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BRIEF-First Quantum Minerals to increase its ownership in Minera Panama S.A.
August 31, 2017 / 12:42 PM / 23 days ago

BRIEF-First Quantum Minerals to increase its ownership in Minera Panama S.A.

Aug 31 (Reuters) - First Quantum Minerals Ltd

* First Quantum Minerals to increase its ownership in Minera Panama S.A. To 90%

* First Quantum Minerals Ltd - ‍acquisition’s headline value is $635 million payable in six installments over a five-year period​

* First Quantum Minerals Ltd - ‍acquisition’s headline value is $635 million payable in six installments over a five-year period​

* First Quantum Minerals Ltd - co will acquire ls-nikko copper’s 50% interest in korea panama mining corporation, which holds a 20% interest in mpsa​

* First Quantum Minerals-finance entire first instalment for deal from proceeds of additional precious metals stream linked to acquired 10% interest​‍​ Source text for Eikon: Further company coverage:

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