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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 1crisisatatimeon Apr 21, 2016 11:29am
54 Views
Post# 24793908

Why the tie to oil?

Why the tie to oil?I am confused why FM continue to trade in line with crude? I wonder if some people believe we are an oil producer??? Our sp continues to be partnered with oil, and I cannot understand why? I would think oil costs rising would affect our bottom line negatively, whereas with the low oil prices of recent times, would be great for business? I admit I don't understand the reason at all? Any help is appreciated!
Bullboard Posts