Articles Tagged "Quantum"

First Quantum Minerals raised bond issue, acquisition forecasted

First Quantum Minerals has raised its bond issue to as much as $500 million from $400 million on Wednesday, and markets speculated the company could use the funds to try to acquire oft-rumored target Equinox Minerals. George Topping, an analyst at Blackmont Capital in Toronto, stated: Everybody knows they own almost 20 percent of Equinox [...]

First Quantum paid a steep payment

First Quantum Minerals reported to have paid a steep price to raise cash Tuesday, a total of $300-million share sale at a 12 per cent discount to where its stock was trading before the financing. For full story, click here

First Quantum to touch copper output level to 500,000 tons

Among leading miners focused on copper production, First Quantum can lay claim to being among the best relative stock price performers. First Quantum’s primary focus that is copper could reach group output levels close to 500,000 tons in 2011, including production from Kolwezi and Kashime, also in the DRC. For full story, click here