In Africa, copper production comes primarily from Zambia, South Africa and the Democratic Republic of the Congo's Katanga Province.
Articles Tagged "First Quantum Minerals"
Copper climbed to a four-week high Thursday following the US Federal Reserve’s surprise decision not to taper its economic stimulus program.
Mirasol Resources Ltd. (TSXV:MRZ) announced that it has signed a binding Letter Agreement with First Quantum Minerals Ltd. (TSX:FM,LSE:FQM). Together, the companies will explore and develop Mirasol's Chile-based Rubi property, which is located within a porphyry belt that hosts "many world class porphyry copper deposits."
Copper mining has been taking place in Africa for thousands of years and still occurs today. Here's a look at three companies that are currently mining the red metal on the continent.
Mining Weekly reported that First Quantum Minerals announced that their adjusted headline earnings for Q1 rose 30%, year-over-year, lifted in part by stronger sales
Amid dismal economic data out of Europe, copper made slight gains from an eight-month low as Chile’s port strike caused a supply squeeze.
First Quantum’s successful campaign to win over Inmet’s shareholders could be a sign that smaller mining companies may be starting to recognize the benefits of being part of a bigger group.
Reuters reported that First Quantum Minerals announced that they have been given enough support from shareholders to win their $1.5 million hostile battle for Inmet Mining, which will give them access to one of the largest untapped copper deposits in the world, Cobre Panama
Inmet Mining Corporation (TSX:IMN) is urging shareholders to reject First Quantum Minerals' offer.
Mining Weekly reported that First Quantum Minerals, the company currently engaged in a hostile takeover bid for Inmet Mining, has reported a 146% rise in quarterly profits, mostly due to a jump in copper and gold sales.