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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 coolcoalon Sep 07, 2016 3:29pm
147 Views
Post# 25215068

Just like with coal

Just like with coalI suspect we will suddenly find that there is a huge demand uptick and supply shortage of copper due to infrastructure projects and other yet to be seen events.  We aren't there yet but copper is the last commodity to be manipulated.  I think China is in the process of manipulating copper price by dumping their stocks on the lme which I think will cause shortages in China smelters and drive up prices soon.  

But then again maybe not!  Ha

cc


Bullboard Posts