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First Quantum Minerals Ltd T.FM

Alternate Symbol(s):  FQVLF

First Quantum Minerals Ltd. is a Canada-based global copper company. The Company produces copper in the form of concentrate, cathode and anode and has inventories of nickel, gold and cobalt. It is engaged in the production of copper, nickel, gold and silver, and related activities including exploration and development. The Company's operating mines include Cobre Panama, Kansanshi, Sentinel, Cobre Las Cruces, Cayeli, Guelb Moghrein, Ravensthorpe and Pyhasalmi. Its development projects include Enterprise, Haquira, Taca Taca and La Granja. Its operating segments include Cobre Panama, Kansanshi, Trident and Ravensthorpe. The Cobre Panama project comprises a series of copper porphyry deposits with main deposits, such as Balboa, Botija, Colina and Valle Grande. The Trident segment includes the Sentinel copper mine and the Enterprise Nickel development project. Its Ravensthorpe Nickel Operation is an open pit mine and primary processing plant located in the southwest of Western Australia.


TSX:FM - Post by User

Bullboard Posts
Post by Spicoli420on Nov 10, 2015 12:50pm
129 Views
Post# 24277599

Copper supply

Copper supplyIf you listen to the webcast, you'll hear management reiterate what we have read here. Copper supply is tight and will require new supply to meet demand in 2016. The hedge funds and shorters are taking advantage of the fear that China is collapsing. There's more to the copper story than China. The US economy is doing well. This is not oil where there is major over supply. A turn in copper and 30 million shares shorted could result in a very nice rebound.
Bullboard Posts