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 Spicoli420on Oct 08, 2019 5:56pm

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Post# 30209320

RE:RE:RE:Positive article

I disagree. The rumour was that Jiangxi has taken a 9.9% interest in FM. FM acknowledged that they are in discussions to sell a minority interest in the Zambian assets. If Jiangxi feels that it would be a better deal to buy all of FM, they'll make an unsolicited bid if FM doesn't want to negotiate. If they simply buy a minority interest., FM's balance sheet will be strengthened which should have a positive impact on the valuation.

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