FM TSX: Last: $ 23.15 +0.09 +0.39% Volume: 934,396 15-20 min delay 02-22-2012 01:15 PM
Our-Company
Our Company

Overview

First Quantum Minerals Ltd. is a rapidly growing mining and metals company currently operating two mines and developing five projects worldwide. Our aim is to become a globally diversified mining and metals company.

We currently produce LME grade "A" copper cathode, copper in concentrate, gold, nickel and sulphuric acid.

First Quantum’s current operations are the Kansanshi copper-gold mine in Zambia and the Guelb Moghrein copper-gold mine in Mauritania.

Our current copper projects are expected to more than triple our annual copper production capacity to over one million tonnes.

The Company is expected to be among the world's largest nickel producers once its Ravensthorpe and Kevitsa projects are both at steady-state operations in 2012.

Fast Facts

  • First incorporated in 1983
  • Two operating mines – Kanshanshi (80% owned) in Zambia, Guelb Moghrein (100% owned) in Mauritania
  • Five development projects – Ravensthorpe (Australia), Kevitsa (Finland), Sentinel (Zambia), Haquira (Peru), Enterprise (Zambia)
  • 2010 production – 323,017 tonnes of copper, 191,395 ounces of gold
  • Compounded annual return of over 45% since listing on the TSX in 2000
  • Implemented a dividend policy in 2005
  • Stock exchange listings & symbols: TSX: FM; LSE: FQM; LuSE: FQMZ