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First Quantum narrows Q4 profit on higher costs, lower prices

Base metals producer First Quantum Minerals has narrowed its profit for the three months ended December, reporting profit of $12-million, or $0.02 a share, as higher costs and lower metals prices weighed on the bottom line.
For the year, the Toronto-based company reported that its loss narrowed to $45-million, or $0.07 a share.