Look at First Quantum's C1 & ASIC = BIG differenceFM'S 3rd Q
Total copper C1 cost was $1.26 per lb during the period while AISC of $1.87 per lb continues to be impacted by higher Zambia royalties due to higher copper prices. Some marginal impact from logistics, shipping, fuel and consumable costs, and labour has been felt on operating costs. C1 cost guidance for the year has been narrowed by $0.05 to $1.25 and $1.35 per lb. However, copper AISC guidance of $1.80 to $1.95 per lb remains unchanged