| First Quantum Announces Completion of the Sale of Kevitsa | |
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TORONTO, ONTARIO--(Marketwired - June 1, 2016) -
(In United States dollars, except where noted otherwise)
First Quantum Minerals Ltd. ('First Quantum' or the 'Company') (TSX:FM)(LSE:FQM) today announced the completion of the sale of the Kevitsa nickel-copper-platinum group elements mine to Boliden AB.
Total proceeds from the sale, excluding working capital adjustments, amounts to $712 million in cash.
On Behalf of the Board of Directors of First Quantum Minerals Ltd.
G. Clive Newall, President
12g3-2b-82-4461
Listed in Standard and Poor's
For further information visit our website at www.first-quantum.com.
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First Quantum Minerals Ltd.
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PRODUCER |
CODE : FM.TO |
ISIN : CA3359341052 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
First Quantum is a copper producing company based in Canada. First Quantum produces copper, cobalt and gold in Congo Dem. Rep. of, in Mauritania and in Zambia, develops cobalt, copper and nickel in Congo Dem. Rep. of and in Zambia, and holds various exploration projects in Peru. Its main assets in production are BWANA MKUBWA, KANSANSHI and MOPANI in Zambia, FRONTIER and KOLWEZI in Congo Dem. Rep. of and GUELB MOGHREIN in Mauritania, its main assets in development are KALUMBILA in Zambia and KOLWESI MUSONOI in Congo Dem. Rep. of and its main exploration properties are KEVITSA and KEVISTA in Finland, KIPUSHI in Congo Dem. Rep. of and HAQUIRA EAST and CRISTO DE LOS ANDES in Peru. First Quantum is listed in Canada, in Germany, in United Kingdom and in United States of America. Its market capitalisation is CA$ 10.7 billions as of today (US$ 7.8 billions, € 7.3 billions). Its stock quote reached its lowest recent point on November 02, 2001 at CA$ 0.38, and its highest recent level on April 23, 2024 at CA$ 15.52. First Quantum has 689 369 984 shares outstanding. |