First Quantum Minerals
| First Quantum Minerals Ltd.
|
|
|---|---|
 |
|
| legal form | Corporation |
| ISIN | CA3359341052 |
| founding | 1996 |
| Seat | Vancouver , Canada |
| management | Philip KR Pascall |
| Number of employees | 14,600 |
| sales | CAD 3.542 billion (2014) EUR 2.52 billion |
| Branch | Mining |
| Website | www.first-quantum.com |
First Quantum Minerals Ltd. is a Canadian mining company based in Vancouver .
activities
The object of the company is the exploration and mining of ores in Africa and Scandinavia . The main products are currently copper and gold.
The company currently operates seven mines :
- the Kansanshi opencast mine in Kansanshi , Zambia (80% share) - main product copper, by-product gold, has been produced since 2005
- Guelb Mohgrein near Akjoujt , Mauritania (100% share) - main product copper, by-product gold, produced since 2006
- Frontier (95%), DR Congo - main product copper, produced since 2007.
- Las Cruces, Spain (100% share)
- Kevitsa (100% share, production since 2013) and Pyhäsalmi (100% share) in Finland ; Nickel and copper
- Ravensthorpe, Australia (100% share)
- Çayeli, Turkey (100% share)
The start of production at Kolwezi (65%, DR Congo. Main product copper, by-product cobalt , processing of overburden) was planned for 2010, but First Quantum lost its license in 2009 after a political dispute with the Congolese government. The Lonshi copper mine in the DR Congo was wiped out in 2008.
With the purchase of Scandinavian Minerals in 2008, the Kevitsa project came to First Quantum.
In addition, First Quantum Minerals has two investments:
- 16.9% in the Mopani Copper Mines (Zambia), which operate a copper mine with a copper smelter,
- 17.3% in Equinox Minerals Ltd. (Zambia), which is developing the Lumwana copper mine.
history
The company was founded in 1996. Adastra Minerals was acquired in 2006 and Scandinavian Minerals in 2008 .
share
First Quantum Minerals' stock is listed on the Toronto Stock Exchange in Canada (symbol "FM") and the London Stock Exchange on the Alternative Investment Market (symbol "FQM"). In Canada, the share is part of the leading S & P / TSX 60 stock index .
Individual evidence
- ↑ a b First Quantum Minerals 2014 Annual Report , accessed February 1, 2016
- ↑ Converted at the rate on the balance sheet date, December 31, 2014
- ↑ Kansanshi. First Quantum Minerals, accessed June 21, 2013 .
- ↑ Guelb Moghrein. First Quantum Minerals, accessed June 21, 2013 .
- ↑ a b Jon A. Nones: First Quantum Reopens Frontier, Lonshi Mine Remains Closed. Resource Investor, December 17, 2007, accessed June 21, 2013 .
- ↑ Matthew McClearn: How First Quantum settled with ENRC for compensation over Congolese mine. Canadian Business, June 5, 2012, accessed June 21, 2013 .