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First Quantum Minerals Ltd T.FM

Alternate Symbol(s):  FQVLF

Metals & Mining Copper
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

First Quantum Minerals Ltd
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Post by TechTargeton Oct 06, 2015 11:18pm
126 Views
Post# 24170035

Did the company have to be so dramatic about job loss?

Did the company have to be so dramatic about job loss?I'm a happy FM shareholder but I'm worried that the massive job loss planned at FM will be counter productive over the medium to long term.

I know this is crisis time within management but are the job losses at this magnitude warranted?

I'm bullish on FM but the recent job loses makes me look elsewhere for captains that have a steady hand on the boat in any sea condition.  Loosing too many crew members too fast is never a good thing.

21% today!  Nice!

Price: $7.49 | Change: +$1.30 | %Change: +21.00% 
Volume: 12.5m | Day High/Low: 7.54/6.81 | 52 Week High/Low: 21.31/4.52
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities