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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 Montrealcopperon Jun 08, 2016 3:44pm
111 Views
Post# 24947794

HBM 10 %increase proceed with caution

HBM 10 %increase proceed with caution
Zinc is what making HBM surge today , it is a good alternative of FM to be considered, as zinc and copper balanced out, however as zinc increase by 3.13% today the LME inventory data for zinc is at record high +3074 compare to yesterday -800, so proceed cautiously, one can buy little to overnight but it might be wise to wait for tomorrow morning and avoid the Pseudo gap up as BTE did today. Copper will likely go up tomorrow as usd index is pretty low (assumption).
DYODD :)
best of luck
Bullboard Posts