RE:****** Help****** First Quantum (TSE:FM) said Tuesday it is temporarily reducing the salary of certain senior staff, including the CEO, by 20%.
The company said it is actively reducing costs while preparing for the possibility of depressed commodity prices well into 2021.
"The company continues to actively manage all site operating costs while focusing on productivity and cost efficiency and is preparing for an extended period of health protocols and travel restrictions, and commodity prices that could remain depressed into 2021