First Quantum Minerals Ltd.

https://www.first-quantum.com/

First Quantum Minerals Ltd. is a Canadian-based global mining and metals company primarily engaged in mineral exploration, development, and mining operations. The company's mission is to produce metals essential for a sustainable future, delivering superior value to shareholders, employees, and host communities through innovation, technical excellence, and responsible mining. Its headquarters are located in Toronto, Ontario, Canada, with a significant corporate presence also in Vancouver, British Columbia.

First Quantum Minerals' primary product is copper, which constitutes a substantial portion of its revenue. The company also produces nickel, gold, zinc, silver, acid, and pyrite as part of its diversified operations. It operates long-life mines across five continents, including Africa, Australia, Europe, and Latin America, with key operating segments such as Cobre Panama, Kansanshi, and Trident.

Tristan Pascall assumed the role of Chief Executive Officer in May 2022. First Quantum Minerals is recognized as one of the world's top copper producers. In the first quarter of 2026, the company reported a wider net loss, attributed to increased operating costs and reduced copper production, although it subsequently raised its full-year output guidance for 2026. This revised guidance factors in anticipated production from stockpiled ore at the Cobre Panamá mine, following approval from the Panamanian government in April 2026. Additionally, the company announced the sale of its Çayeli Mine in March 2026.

Latest updates

CID: 1261