TSX slips as gold stumbles, July 23-27
Canada’s benchmark index fell 0.25% to 16,393.95. The S&P/TSX Global Mining Index rose 0.98% to 72.68, while the S&P/TSX Global Gold Index fell 3.58% to 182.08. The gold price fell…
First Quantum Minerals Ltd.
TNM Panel: Argentina a ‘playground for geologists’
Industry experts weighed in on Argentina’s Deseado Massif region, Barrick Gold’s (TSX: ABX; NYSE: ABX) recent spill at the Veladero gold mine, and the country’s nuclear capabilities during a panel…
African Copperbelt: still risky after all these years
The African Copperbelt running through Zambia and the Democratic Republic of the Congo (DRC) hosts some of the world’s richest copper and copper-cobalt deposits, and has attracted dozens of junior companies over the years. But like moths to a…
First Quantum to expand Kansanshi
Already one of the largest copper-producing companies, First Quantum Minerals’ (FM-T, FQM-L) plan to expand production capacity in Zambia at its Kansanshi copper-gold mine by 60% to about 400,000 tonnes of copper per year by 2015 and advance…
TSX up on growing exports, while China attempts to rein in inflation
The TSX composite index was up 60.52 points, or 0.5%, to finish the Dec. 6-10 report period at 13,239.47, marking the second consecutive weekly gain as both Canada and the U.S. posted better than expected trade data. Statistics Canada reported…
More setbacks for First Quantum in the DRC
VANCOUVER — The situation in the Democratic Republic of the Congo (DRC) has gone from bad to worse for First Quantum (FM-T, FQM-L) after the country’s Supreme Court made a ruling that seemingly inval…
First Quantum sees major spike in annual, quarterly earnings (April 05, 2010)
VANCOUVER — After riding out a rough start to 2009, First Quantum (FM-T, FQM-L) has seen a strong recovery in quarterly and annual earnings thanks to a resurgent copper price.The company reported net earnings of US$227.2 million for the last…