This information is available only to subscribers.
Start a free trial, to unlock the full potential of a subscription to BNamericas.
Already a subscriber? Please, login.

First Quantum Minerals Ltd.

Company Detail

Description

Canada's First Quantum Minerals is engaged in the production, exploration, development and processing of copper, gold, nickel and acid. The company has operations in Africa and has recently expanded into Finland and Australia. In 2010, it acquired the Haquira copper project in Peru's Apurímac region as part of the takeover of compatriot Antares Minerals. Production is estimated at 230,000t of copper during the first 10 years. Antares also has a 50% interest in the Rio Grande project in Argentina's Salta province, which was spun out into a new exploration company called Regulus Resources in which Antares shareholders own 90.1% and First Quantum 9.9%. The acquisition is part of First Quantum's strategy to move into Latin America. In 2013, First Quantum Minerals Ltd acquired a 14.941% stake in Tsodilo Resources Ltd., as well as completing the US$5.1bn takeover of Canadian company Inmet Mining Corp., which included its main asset, the Cobre Panamá copper and gold project. In 2014, the company agreed to acquire Lumina Copper for Cdn$470mn (US$432mn), gaining control of the Taca Taca project in Argentina. It was first incorporated in 1983 and is based in Vancouver, Canada.

Subscribe to Access Active Companies and Potential Clients
BNamericas subscribers not only have access to the thousands of active companies in Latin American business development, but also key contacts and custom contact look-up services.
  • Privately held, publically traded and state-owned companies
  • International, regional and local firms
  • Shareholders and subsidiaries, JV partners and consortiums
  • Operators, contractors and equipment providers
  • Governmental and regulatory agencies
  • 50,000 published C-level contacts
  • Custom contact research to uncover sales prospects
Already a subscriber? Please, login

Related Projects

Name Stage Sector Country
Locked content
Mining & Metals 
Locked content
Locked content
Mining & Metals 
Locked content
Locked content
Mining & Metals 
Locked content
Locked content
Water & Waste 
Locked content
Dear visitor, this table includes insights that is only available for subscribers

Company Name Sector Country Relation
Locked content
Shareholder 
Locked content
Shareholder 
Locked content
Shareholder 
Locked content
Shareholder 
Dear visitor, this table includes insights that is only available for subscribers

Company Name Sector Country Relation
Locked content
Subsidiary
Locked content
Subsidiary
Locked content
Subsidiary

Related News