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First Quantum Minerals Ltd (FM.TO)

FM.TO on Toronto Stock Exchange

12.94CAD
18 Oct 2018
Change (% chg)

$-0.64 (-4.71%)
Prev Close
$13.58
Open
$13.46
Day's High
$13.52
Day's Low
$12.92
Volume
3,344,992
Avg. Vol
2,725,593
52-wk High
$23.05
52-wk Low
$12.92

Latest Key Developments (Source: Significant Developments)

Highland Copper Says Period To Complete White Pine Project Acquisition Extended
Friday, 31 Aug 2018 

Aug 31 (Reuters) - Highland Copper Company Inc ::HIGHLAND COPPER PROVIDES AN UPDATE ON WHITE PINE CLOSING.HIGHLAND COPPER - CO, COPPER RANGE CO AGREED TO EXTEND PERIOD TO COMPLETE ACQUISITION OF WHITE PINE PROJECT TO NOVEMBER 30, 2018.HIGHLAND COPPER COMPANY - IN DISCUSSION WITH MICHIGAN AUTHORITIES TO FINALIZE DOCUMENTATION REQUIRED FOR TRANSFER OF ENVIRONMENTAL OBLIGATIONS.  Full Article

First Quantum Minerals Qtrly Earnings Per Share $0.20
Monday, 30 Jul 2018 

July 30 (Reuters) - First Quantum Minerals Ltd ::FIRST QUANTUM MINERALS REPORTS SECOND QUARTER 2018 RESULTS.QTRLY COMPARATIVE EARNINGS PER SHARE $0.19.QTRLY EARNINGS PER SHARE $0.20.Q2 EARNINGS PER SHARE VIEW $0.21, REVENUE VIEW $1.03 BILLION -- THOMSON REUTERS I/B/E/S.QTRLY SALES REVENUES $1,049 MILLION VERSUS $782 MILLION.FIRST QUANTUM MINERALS - "WHILE METAL PRICES ARE BEING NEGATIVELY AFFECTED BY GLOBAL POLITICAL CONCERNS, DEMAND FOR COPPER REMAINS ROBUST".QTRLY RESULTS INCLUDE A $45 MILLION LOSS REALIZED UNDER COPPER SALES HEDGE PROGRAM FOR WHICH NO TAX CREDIT IS AVAILABLE.  Full Article

First Quantum Minerals reports Q3 loss $0.04/shr
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - First Quantum Minerals Ltd :First Quantum Minerals reports third quarter 2017 results.Q3 loss per share $0.08 from continuing operations.Q3 loss per share $0.04.Q3 earnings per share view $0.00 -- Thomson Reuters I/B/E/S.First Quantum Minerals Ltd qtrly gold ‍production 47,213 ounces versus 52,957​ ounces.  Full Article

First Quantum Minerals signs new term loan and revolving credit facility
Friday, 20 Oct 2017 

Oct 20 (Reuters) - First Quantum Minerals Ltd :First Quantum Minerals Ltd says has signed a new term loan and revolving credit facility with its core relationship banks​.New facility comprises a $700 million term loan facility, and a $1.5 billion revolving credit facility, maturing on December 31, 2020​.New facility replaces existing $1.875 billion facility​.  Full Article

First Quantum Minerals provides an update on its Zambian operations
Friday, 15 Sep 2017 

Sept 14 (Reuters) - First Quantum Minerals Ltd - :First Quantum Minerals provides an update on its zambian operations.First Quantum Minerals - Agreement reached between zesco, government of republic of zambia and first quantum.First Quantum Minerals - Agrees to tariff increase to about $0.09 per kilowatt hour.First Quantum Minerals - Tariff increase on conditona that Kansanshi and Sentinel can each import portion of their total power requirements from alternative suppliers.  Full Article

UPDATE 1-Zambia's finance minister says new mining taxes will not hit operations

LUSAKA, Oct 17 Mining companies operating in Zambia will still meet their operational costs even after the government imposes higher taxes in Africa's No.2 copper producer, its finance minister said on Wednesday.