First Quantum Minerals Ltd. today announced that its Board of Directors have approved a final dividend of $0.13 Canadian dollar per share in respect of the financial year ending December 31, 2022. This, together with the interim dividend of CDN$0.16, makes a total of CDN$0.29 for the 2022 financial year. The dividend will be paid on May 8, 2023 to shareholders of record on April 17, 2023. The Company has established a [...]
First Quantum Minerals Ltd. announces that on January 26, 2023, Minera Panamá, S.A. received Resolution No. 007-2023 . The Resolution was issued by the Panamá Maritime Authority and requires the suspension of concentrate loading operations at the Cobre Panamá port, Punta Rincón, until evidence is provided that the process of certification of the calibration of the scales by an accredited company has been initiated. MPSA [...]
First Quantum Minerals Ltd. is deeply saddened to announce that a worker at its Trident operation passed away following a traffic accident in the Sentinel open pit, involving a dump truck and a light vehicle. The site emergency response team attended immediately. One other person was severely injured and medically evacuated. Trident has advised the relevant local authorities and will assist the Mine Safety Department in [...]
First Quantum Minerals Ltd. will release fourth quarter and year-end 2022 financial and operating results on Tuesday, February 14, 2023 after the close of the Toronto Stock Exchange. The Company will host a conference call and webcast to discuss the results on Wednesday, February 15, 2023 at 9:00 am . Conference call and webcast details: Toll-free North America: 1-800-319-4610 Toll-free International: +1-604-638-5340 [...]
In a release issued under the same headline earlier today by First Quantum Minerals Ltd. , please note that in the "Gold" table of the "Production guidance by operation" section, the numbers on the "Cobre Panamá" line under "2023" should read "140 - 160" instead of "140 - 160 150". The corrected release follows: First Quantum Minerals Ltd. announces preliminary production for the three months and year ended December 31 [...]
First Quantum Minerals Ltd. announces preliminary production for the three months and year ended December 31, 2022 and guidance for production, capital expenditure and costs for the years 2023 to 2025. "It is pleasing to see that the focus on operational improvements has resulted in a strong end to 2022. We continue to monitor the macroeconomic conditions closely and debt reduction remains a priority," commented Tristan [...]
First Quantum Minerals Ltd. today issued the following update regarding the status of the Cobre Panamá mine operated by its subsidiary Minera Panamá, S.A. . Engagement between First Quantum, MPSA and the Government of Panamá continues regarding the long-term future of the Cobre Panamá mine. The Company remains ready to reach an agreement that is fair and equitable to both parties. First Quantum and MPSA are prepared to [...]
First Quantum Minerals Ltd. today announced that it will host a conference call and webcast on Tuesday, January 10, 2023, at 8:30 a.m. to discuss developments in Panamá regarding the status of the Cobre Panamá mine operated by its subsidiary Minera Panamá, S.A. Conference call and webcast details: Toll-free North America: 1-800-319-4610 Toll-free International: +1-604-638-5340 Webcast: www.first-quantum.com A replay of [...]
First Quantum Minerals Ltd. today issued the following update regarding the status of the Cobre Panamá mine operated by its subsidiary Minera Panamá, S.A. . Formal discussions between First Quantum, MPSA and the Government of Panamá resumed on December 26, 2022 regarding the long-term future of the Cobre Panamá mine. The talks continued on December 27 and are ongoing. The Company remains committed to seeking a mutually [...]
First Quantum Minerals Ltd. issued the following statement today in response to the latest developments regarding the Cobre Panamá mine operated by its subsidiary Minera Panamá, S.A. . "MPSA made significant progress in negotiations with the Government of Panamá over the past several weeks and came very close to an agreement to secure the long-term future of the Cobre Panamá mine before the Government halted discussions [...]
First Quantum Minerals Ltd. issues the following statement today on the status of its negotiations with the Government of Panamá on a framework governing the operation of the Cobre Panamá mine by its subsidiary Minera Panamá, S.A. . The Government of Panamá and MPSA were unable to reach an agreement by the December 14 deadline imposed by the government. The economic package MPSA has proposed would make Cobre Panamá one of [...]
First Quantum Minerals Ltd. has agreed with its partner, ZCCM Investments Holdings Plc , to convert ZCCM-IH's dividend rights to a 3.1% revenue royalty. ZCCM-IH will continue to be represented on the Kansanshi Mining Plc Board to ensure full visibility and transparency in respect to KMP's future operations. "We are pleased to enter into this new arrangement for the benefits flowing from the Kansanshi mine. The updated [...]