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First Quantum Minerals ( (TSE:FM) ) has provided an update.
First Quantum Minerals has announced its preliminary production results for 2024, showcasing a robust performance with copper production surpassing expectations. The company has also provided guidance for 2025 to 2027, indicating a slight reduction in copper production forecasts due to conservative approaches in Zambia and operational adjustments at the Sentinel mine. Notably, the ongoing Cobre Panamá mine situation is under scrutiny, with production halted and awaiting government approvals for environmental audits, which could impact future operations.
More about First Quantum Minerals
First Quantum Minerals Ltd. is a prominent player in the mining industry, focusing on the production of copper, gold, and nickel. The company operates on a global scale with a significant presence in Zambia, where it has been achieving strong operational results.
YTD Price Performance: 3.52%
Average Trading Volume: 226,671
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $11.25B
For detailed information about FM stock, go to TipRanks’ Stock Analysis page.
