First Quantum Minerals cuts debt by over $1 billion in first quarter

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Debt News

First Quantum Minerals,Capital Restructuring

The company in February had announced a series of capital restructuring measures that would strengthen its balance sheet and cut debt, a move that will help ...

- Canadian miner First Quantum Minerals said on Tuesday that it has cut its debt by $1.14 billion in the first quarter.

The company's total debt as of March 31 stands at $5.99 billion, down from its previous debt of $7.38 billion. The price of gold continues to hit the headlines, but this material is also making waves and should continue to climb for investors. The post Forget Gold: This Other Metal Is Sure to Soar Higher! appeared first on The Motley Fool Canada.Here are four stocks that you can buy and hold for decades in your TFSA. The post TFSA: 4 Canadian Stocks to Buy and Hold Forever appeared first on The Motley Fool Canada.

 

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