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.

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First Quantum Minerals Ltd

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Comment by Squash11on Jul 19, 2016 11:53am

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Post# 25065323

RE:RE:Equities are pretty chancy

Prices are under pressure because earnings season is here and earnings are expected to be poor in general. Bad luck for FM holders. At another time we would be past $11.00. Still, this copper price bodes well for FM and other producers. Of course FM earnings are going to be an issue, but soaring copper prices will be a bigger one.

Other opinions?

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