Between prices and protests

First Quantum Minerals Ltd. at a glance.

• Communication Services
• FM CN
• CANADA
• CEO: Anthony Tristan Pascall
• CAD

First Quantum Minerals Ltd. It is engaged in the exploration, mining and production of copper cathode (used in the electrical transmission cable industry), copper concentrate and gold.

Because ores are often found in mixed deposits, the company, while not its primary focus, extracts silver and nickel during its operations at its 8 projects around the world.

Analysis of Financial and Operating Fundamentals

The company's largest assets are Cobre Panama, of which they hold 90% of the project, followed by Kansanshi in Zambia, where they own 80% of the mine.

Among its 8 mining operations, Panama contributes almost 40% of its annual revenues, making it its most important source of production, followed by Sentinel in Zambia with 26%.

The company reported USD 7,626 million in revenues in 2022, USD 2,959 million of which was sourced from Panama. The company's largest customers are China, which purchases 45.6% of such production, followed by India with 14.4%.