First Quantum Minerals Resumes Activity At Cobre Panama Copper
9th Jul 2014 16:06
LONDON (Alliance News) - First Quantum Minerals Ltd said Tuesday that it had agreed to acquire all outstanding shares in Lumina Copper Corp in a cash and shares offer, a deal that values Lumina at about CAD470 Million. First Quantum currently own 2.5 million shares in Lumina. Lumina shareho Read More
LONDON (Alliance News) - First Quantum Minerals Ltd said Monday that President Clive Newall had sold 50,000 shares May 29 at prices ranging between CAD22.64 to CAD22.86. Newall's subsequent shareholding is 0.4%. Shares in First Quantum Minerals were trading up 2.9% at 1,266.00 pence M Read More
LONDON (Alliance News) - Base metals miner First Quantum Minerals Ltd Friday said it has struck a deal with Petaquilla Minerals Ltd to provide up to USD60 million, in return for assets and property rights. The agreement was set up to completely separate First Quantum's subsidiary Minera Pan Read More
LONDON (Alliance News) - Two profit warnings and continued worries about Ukraine and Russia have depressed UK share prices at the open Friday.<br /><br />Both<strong> Petrofac</strong> and <strong>Drax Group </strong>issued profit warnings prior to the open. Petrofac is down 15% at the open, w Read More
LONDON (Alliance News) - First Quantum Minerals Ltd Tuesday said it is launching an offering of USD650.0 million of senior notes, with the proceeds intended to be used to partially pay down, without cancelling, its completed five-year revolving credit facility and to pay fees of the offering. Read More
LONDON (Alliance News) - UK shares have opened marginally higher Tuesday despite growing tensions in Ukraine but following a modestly positive lead from Wall Street on Monday.<br /><br />Several major UK companies have provided quarterly updates early Tuesday.<br /><br /><strong>Barclays</stro Read More
LONDON (Alliance News) - First Quantum Minerals Ltd Friday maintained its full-year production and cost guidance for 2014, despite seeing gross profit for the quarter to end-March decline, as it increased production across of all its product lines. Gross profit dropped to USD281.6 million, Read More
LONDON (Alliance News) - First Quantum Minerals Ltd said Tuesday that it had signed and drawn down on its USD2.5 billion five-year term loan and revolving facility. The facility consisted of a USD1 billion term loan facility with a margin of 2.75%, available to April 8, 2016, and a USD1.5 b Read More
LONDON (Alliance News) - First Quantum Minerals LTD Wednesday said General Counsel Christopher Lemon sold 14,800 shares at a price of CAD21.00 Tuesday. Following this transaction, Lemon now holds 53,130 shares. Shares in the mining company closed at 1,156.00 pence Wednesday. By Read More
LONDON (Alliance News) - Royal Bank Of Scotland Group is one of the top gainers early Friday on a report that it will shrink dramatically, while GlaxoSmithKline is off to a good start after one of its new drugs was recommended for approval in Europe.<br /><br />The London equity markets are hi Read More
LONDON (Alliance News) - First Quantum Minerals Ltd Friday said its gross profit, revenues and production all improved in 2013, and it forecast higher copper production but lower nickel and gold output in 2014. The multi-metal miner with operations in Zambia, Mauritania, Spain, Finland, Tur Read More
LONDON (Alliance News) - First Quantum Minerals Ltd Tuesday said it is conducting a review of the measured and indicated estimate used for the Cobre Panama project in Panama. The copper producer said that, following its acquisition of Inmet Mining Corp in March 2013, it has decided to revie Read More
LONDON (Alliance News) - Shares have opened higher Tuesday ahead of UK GDP figures at 0930 GMT.<br /><br />A day after confirming an approach by Bank of Montreal, <strong>F&C Asset Management</strong> said Tuesday it has agreed to be taken over by the Canadian bank in a GBP708 million deal Read More
LONDON (Alliance News) - Copper firm First Quantum Minerals PLC Thursday said total copper production in the fourth quarter increased 35% to 114,791 tonnes compared with the same period in 2012. The company, which, reported a record quarter production of coal at its Kansanshi mine in Zambia Read More