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First Quantum Minerals sees earnings rise in 2022 despite drop in fourth quarter

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CEO Tristan Pascall says 2022 was challenging for the company and the entire mining industry, with volatile commodity prices and rising costs and interest rates

The company says it is continuing discussions with the Panamá government about its Cobre Panamá mine, at which loading operations were suspended in February in the latest development in the dispute between the government and the company over tax and royalty payments.

 

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First Quantum Minerals sees earnings rise in 2022 despite drop in Q4 - BNN BloombergFirst Quantum Minerals says it earned US$117 million in the fourth quarter of 2022, 52.6 per cent down from US$247 million in the same quarter a year earlier, due to significantly lower cash flows from operating activities.
Source: BNNBloomberg - 🏆 83. / 50 Read more »