First Quantum profit rises on copper price

Copper miner First Quantum Minerals increased first-quarter profit by 37%, after higher copper prices more than made up for lower production during the period. Copper production and sales were lower year-over-year, after the government of the...

First Quantum sees output rising in 2010, starts Ravensthorpe modifications

Toronto- and London-listed First Quantum Minerals expects to produce 385 000 t of copper and 240 000 oz of gold this year, compared with 373 940 to of copper and 193 288 gold ounces in 2009, the firm said on Tuesday. First Quantum has mines in...