Last C$21.61 CAD
Change Today -0.90 / -4.00%
Volume 5.6M
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As of 4:42 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

first quantum minerals ltd (FM) Snapshot

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52 Week High
07/30/14 - C$27.29
52 Week Low
11/27/13 - C$16.43
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first quantum minerals ltd (FM) Details

First Quantum Minerals Ltd. is engaged in mineral exploration, mine engineering and construction, development, and mining activities. It produces copper, nickel, gold, zinc, and platinum group metals. The company is involved in seven mines and developing five projects. Its operations and development projects are located in Zambia, Mauritania, Spain, Turkey, Finland, Australia, Panama, Serbia, and Peru. The company was formerly known as First Quantum Ventures Ltd. and changed its name to First Quantum Minerals Ltd. in July 1996. First Quantum Minerals Ltd. was founded in 1983 and is headquartered in Vancouver, Canada.

Founded in 1983

first quantum minerals ltd (FM) Top Compensated Officers

Executive Chairman and Chief Executive Office...
Total Annual Compensation: $1.1M
President and Executive Director
Total Annual Compensation: $593.5K
Chief Financial Officer
Total Annual Compensation: $542.5K
General Counsel and Corporate Secretary
Total Annual Compensation: $401.2K
Executive Director of Business Development, E...
Total Annual Compensation: $757.0K
Compensation as of Fiscal Year 2013.

first quantum minerals ltd (FM) Key Developments

First Quantum Minerals Ltd. Suspends Operations at its Guelb Moghrein Mine

First Quantum Minerals Ltd. announced that it has temporarily suspended normal operations at its Guelb Moghrein copper-gold mine in Mauritania due to strike action by some unionized employees. The company has sought a negotiated resolution. While these efforts continue, steps are now being undertaken to further scale back management resources at site until a decision to restart normal operations is made. The company will provide further updates as warranted.

First Quantum Minerals Ltd. Presents at Africa Down Under Conference, Sep-03-2014 09:05 AM

First Quantum Minerals Ltd. Presents at Africa Down Under Conference, Sep-03-2014 09:05 AM. Venue: Pan Pacific Perth & Novotel Perth Langley, Perth, Western Australia, Australia. Speakers: Philip K. R. Pascall, Executive Chairman and Chief Executive Officer, Zenon Wozniak, Director Projects.

Mirasol Resources Ltd. Signs Definitive Option and Joint Venture Agreement with First Quantum Minerals Ltd

Mirasol Resources Ltd. announced that on the August 14, 2014 it signed the definitive option and joint venture agreement with its partner, First Quantum Minerals Ltd. for the exploration and development of its 100%- owned, 13,659 hectare Rubi Property, located in the El Salvador copper-gold mining district of Region III, northern Chile. The Definitive Agreement requires First Quantum to make an exploration expenditure commitment of at least USD 1.5 million by the first year anniversary of the signing of this agreement, with a minimum exploration commitment which includes a project-wide magnetic geophysical survey and 3,000 m of core drilling on the Rubi Property. The Definitive Agreement provides for First Quantum to earn a 55% interest in the Rubi Property upon completion of a USD 6.5 million investment in exploration over four years from the date of signing the Definitive Agreement including at least USD 1.0 million in annual staged cash payments following the first year. After the initial earn-in, First Quantum's participating interest may be increased to 65% on completing, within an additional two years, a NI 43-101 compliant technical report, including an indicated resource estimate and Preliminary Economic Assessment (PEA) of more than 1.0 million tonnes of contained Cu metal, using a 0.20% cut-off grade.


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