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First Quantum makes hay in March quarter

Miner has hedged 35% of expected copper sales over next 12 months at US$3.04/lb

Tom Hoskyns
First Quantum Minerals' Cobre Panama operation, located in Colon Province, 120km west of Panama City

First Quantum Minerals' Cobre Panama operation, located in Colon Province, 120km west of Panama City

EBITDA amounted to US$811 million in Q1, with copper sales up 11% year-on-year to 211,000 tonnes. Net direct cash costs of US$1.15/lb at Cobre Panama in Panama, $1.18/lb at Kansanshi and $1.38/lb at...

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