Latest news with #FirstQuantumMineralsLtd
Toronto Star
3 days ago
- Business
- Toronto Star
First Quantum Minerals Announces Extension of the Expiration Date, Guaranteed Delivery Date and Settlement Date of Cash Tender Offer to Purchase Any and All of Its Outstanding 6.875% Senior Notes Due 2027
(In United States dollars, except where noted otherwise) TORONTO, Aug. 06, 2025 (GLOBE NEWSWIRE) — First Quantum Minerals Ltd. ('First Quantum' or the 'Company') (TSX: FM), in connection with the offer to purchase for cash (the 'Tender Offer') any and all of its outstanding 6.875% Senior Notes due 2027 (the 'Notes') from holders of the Notes ('Holders'), as further described in the offer to purchase (the 'Offer to Purchase') and the related Notice of Guaranteed Delivery, each dated August 6, 2025, and as previously announced on August 6, 2025, hereby announces that, following the upsizing and pricing of the New Notes (as announced separately by the Company on the date hereof), the Company is extending (i) the Price Determination Date from 2:00 p.m., New York City time, on August 12, 2025 to 2:00 p.m., New York City time, on August 18, 2025, (ii) the Expiration Date from 5:00 p.m., New York City time, on August 12, 2025 to 5:00 p.m., New York City time, on August 18, 2025, (iii) the Guaranteed Delivery Date from 5:00 p.m., New York City time, on August 14, 2025 to 5:00 p.m., New York City time, on August 20, 2025 and (iv) the expected Settlement Date from August 15, 2025 to August 21, 2025.
Toronto Star
3 days ago
- Business
- Toronto Star
First Quantum Minerals Announces Cash Tender Offer To Purchase Its Outstanding 9.375% Senior Secured Second Lien Notes Due 2029 In A Maximum Aggregate Principal Amount Of Up To $250 Million
(In United States dollars, except where noted otherwise) TORONTO, Aug. 06, 2025 (GLOBE NEWSWIRE) — First Quantum Minerals Ltd. ('First Quantum' or the 'Company') (TSX: FM) today announced that it has commenced an offer to purchase for cash (the 'Tender Offer') its outstanding 9.375% Senior Secured Second Lien Notes due 2029 (the 'Notes') in a maximum aggregate principal amount of up to $250,000,000, as further described in the offer to purchase dated the date hereof (the 'Offer to Purchase').
Toronto Star
3 days ago
- Business
- Toronto Star
First Quantum Announces $750 Million Senior Notes Offering
(In United States dollars, except where noted otherwise) TORONTO, Aug. 06, 2025 (GLOBE NEWSWIRE) — First Quantum Minerals Ltd. ('First Quantum' or the 'Company') (TSX: FM) announces that it is launching an offering of $750 million aggregate principal amount of senior notes (the 'Notes').
Winnipeg Free Press
23-07-2025
- Business
- Winnipeg Free Press
First Quantum reports progress at Panama copper mine, posts profit
TORONTO – First Quantum Minerals Ltd. says shipments of copper concentrate have begun leaving a contentious mine in Panama that had been shuttered, boosting its second-quarter results. The Toronto-based miner posted $18 million in net earnings attributable to shareholders during the second-quarter, reversing a year-earlier loss of $46 million. That amounted to diluted net earnings of two cents per share compared to a loss of six cents per share a year earlier. Sales revenues were $1.23 billion during the three months ended June 30, about the same as the same quarter a year earlier. First Quantum suspended production at the Cobre Panama mine in November 2023 following widespread protests and a court ruling that found the agreement with the government covering the mine was unconstitutional. In May, the Panamanian government approved a 'preservation and safe management plan' for the open-pit mine and last month, the company began exporting copper concentrate that had been on site since the mine's closure. Monday Mornings The latest local business news and a lookahead to the coming week. This report by The Canadian Press was first published July 23, 2025. Companies in this story: (TSX: FM)
Toronto Star
23-07-2025
- Business
- Toronto Star
First Quantum reports progress at Panama copper mine, posts profit
TORONTO - First Quantum Minerals Ltd. says shipments of copper concentrate have begun leaving a contentious mine in Panama that had been shuttered, boosting its second-quarter results. The Toronto-based miner posted $18 million in net earnings attributable to shareholders during the second-quarter, reversing a year-earlier loss of $46 million.
