| 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 $712 million in cash.
On Behalf of the Board of Directors of First Quantum Minerals Ltd.
G. Clive Newall, President
12g3-2b-82-4461
Listed in Standard and Poor's
For further information visit our website at www.first-quantum.com.
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VanEck Vectors Global Alternative Energy ETF
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PRODUCER |
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CODE : FM.TO |
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ISIN : CA3359341052 |
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Asset profileContact Cpy |
First Quantum is a copper producing company based in Canada. First Quantum produces copper, cobalt and gold in Congo Dem. Rep. of, in Mauritania and in Zambia, develops cobalt, copper and nickel in Congo Dem. Rep. of and in Zambia, and holds various exploration projects in Congo Dem. Rep. of and in Peru. Its main assets in production are BWANA MKUBWA, KANSANSHI and MOPANI in Zambia, FRONTIER and KOLWEZI in Congo Dem. Rep. of and GUELB MOGHREIN in Mauritania, its main assets in development are KOLWESI MUSONOI in Congo Dem. Rep. of and KALUMBILA in Zambia and its main exploration properties are KEVITSA and KEVISTA in Finland, HAQUIRA EAST and CRISTO DE LOS ANDES in Peru and KIPUSHI in Congo Dem. Rep. of. First Quantum is listed in Canada, in Germany, in United Kingdom and in United States of America. Its market capitalisation is 853.0 millions as of today (US$ 611.3 millions, € 575.8 millions). Its stock quote reached its lowest recent point on November 02, 2001 at 0.38, and its highest recent level on November 14, 2024 at 17.98. First Quantum has 47 442 200 shares outstanding. |