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HomeMiningFQM group posts $23 million loss for Q1

FQM group posts $23 million loss for Q1

First Quantum Minerals – FQM, the prarent company to Zambias leading copper mines, Kansanshi Mine at Solwezi and Kalumbila – Trident Mine at Kalumbila, both in North Western Province of Zambia, has today reported results for the three months ended March 31, 2025 (“Q1 2025” or the “first quarter”).The embattled copper and gold miner has reported a net loss attributable to shareholders of the Company of $23 million ($0.03 loss per share) with various reasons among them reduction in production but mostly its battle with the Panama government over the Cobre Panamá mine.Looking at the Zambia production numbers alone, the...

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