The price of copper has seemingly moved in only one direction recently, and that trend continued on Tuesday. As of this writing, the metal decreased by nearly 5% on the day, and now trades below US$2.60, its lowest level since August 2009.
First Quantum Minerals Limited logo Analysts at Scotiabank set a C$20.50 price objective on shares of First Quantum Minerals Limited (TSE:FM) stock in a research report issued to clients and investors on Wednesday. The firm currently has a a �sector ...
First Quantum Minerals Limited (TSX: FM), Canada's largest pure copper company, now controls the massive Cobre Panama open-pit copper development project following its hostile acquisition of Inmet Mining in April 2013.
First Quantum Minerals Ltd. is starting up a Zambian copper mine to feed an $850-million smelter the Canadian producer began operating last weekend amid friction between the mining industry and government over tax changes.
With no sign of compromise from Zambia on a controversial royalty tax regime, First Quantum Minerals Ltd. says it will prolong its suspension of more than $1-billion in mining investment plans in the African country.