First Quantum swings to headline Q2 loss despite red metal ramp-up

July 27, 2017

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Canadian miner First Quantum Minerals has reported a comparative loss of $18-million, or $0.03 a share for the three months ended June, despite an 8% year-on-year improvement of copper output.
This contrasted the Toronto-based company’s comparative earnings of $38-million, or $0.06 a share, for the same period in 2016. The net loss attributable to shareholders was $35-million, compared with net earnings of $125-million a year earlier.

Category: General