A high-level overview of First Quantum Minerals Ltd. (FQVLF) stock. But it’s unclear how the cash-strapped government, which last week defaulted on a Eurobond interest payment, would finance a deal. A mining conference later this year will seek to address that issue, Mulenga said.Zambia, Africa’s No. By providing your email address below, you are providing consent to First Quantum Minerals Ltd. to send you the requested Investor Email Alert updates. © 2020 Verizon Media. Find the latest news headlines from First Quantum Minerals Ltd. (FQVLF) at Nasdaq.com. Currency in CAD, Stock Market Alert: Move Your Money Before 2021. First Quantum Minerals Ltd. (FM.TO) (TSE:FM) Reaches New 1-Year High at $17.80 americanbankingnews.com - November 20 at 12:02 PM: Zambia Sees Deal With Glencore Over Mopani Within a Month msn.com - November 17 at 12:42 AM: First Quantum Minerals Ltd. (FM.TO) (TSE:FM) Senior Officer Sells C$534,995.00 in Stock Zambia won’t have trouble raising finance for the deal, according to Mulenga, even though no money will come from the Treasury.Zambia Says Glencore, First Quantum Willing to Sell Mopani“The resource attracts money, so the issue of financing is the least of the worries for the Zambian government,” Mulenga said in an interview on Thursday, referring to Mopani’s copper-mining operations. You must click the activation link in order to complete your subscription. After submitting your request, you will receive an activation email to the requested email address. He didn’t give further details.A spokesman for Glencore declined to comment. All rights reserved. Discover new investment ideas by accessing unbiased, in-depth investment research, Toronto - Toronto Real Time Price. Here’s what to do now. The company reported $0.34 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.36 by $0.02. View First Quantum Minerals' Earnings History. First Quantum Minerals Limited (TSE:FM) issued its quarterly earnings data on Thursday, February, 14th. The clock just started on the biggest financial event in 20 years. Subscribe to Premium to view Fair Value for FM.TO. The government is also in arbitration over mining assets it seized last year from billionaire Anil Agarwal’s Vedanta Resources Ltd.Other copper miners have halted $2 billion of planned investments because of a dispute over a royalty tax. Ravensthorpe Nickel Operation in Australia re-opened in 2020, producing Nickel MHP. If you experience any issues with this process, please contact us for further assistance. ZCCM-IH currently has 10% of Mopani, with Glencore holding 73.1% and Vancouver-based First Quantum Minerals Ltd. 16.9%.Zambia wants to raise its holding after clashing with Glencore earlier this year over the company’s plan to mothball Mopani’s operations. If you experience any issues with this process, please contact us for further assistance. The firm earned $1.39 billion during the quarter, compared to analysts' expectations of $1.29 billion. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. Raymond James upped their price target on First Quantum Minerals from $17.00 to $18.00 and gave the company a “market perform” rating in a research report on Thursday, September 24th. The impact of the coronavirus pandemic is forecast to cut output this year to about 764,188 tons, far short of the nation’s target of 1 million tons, according to Zambia Chamber of Mines.“Hopefully we will come to some consensus to what should this tax regime look like,” Mulenga said. At First Quantum Minerals Ltd., we promise to treat your data with respect and will not share your information with any third party. First Quantum Minerals Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. More information on our historical performance is available via the Interactive Analytic Centre link on this page. Copies of announcements prior to 2014 can be obtained from the Toronto Stock Exchange (TSX) or by contacting our Investor Relations team. You can sign up for additional alert options at any time. And the next 2 months could decide your wealth in 2021. First Quantum Minerals Ltd.’s Cobre Panama is only just beginning a reopening plan. (Bloomberg) -- Zambia expects to conclude talks over buying Glencore Plc’s stake in Mopani Copper Mines Plc within a month, according to Barnaby Mulenga, permanent secretary in the Ministry of Mines.Mulenga declined to disclose the size of the stake that state-owned ZCCM Investments Holdings is trying to acquire. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Environment Health and Safety, and Corporate Social Responsibility Committee. (Updates with copper output in penultimate paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P. The government strategy is driven by a need to safeguard jobs at Mopani, rather than any desire to raise its shareholding, said Mulenga.Zambia’s increasingly tense relations with investors in the key copper-mining industry may partly reflect maneuvering by President Edgar Lungu ahead of next year’s elections. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. At First Quantum Minerals Ltd., we promise to treat your data with respect and will not share your information with any third party. First Quantum Minerals Blogs, Comments and Archive News on Economictimes.com 2 copper producer, relies on the metal for about 70% of its export earnings. First Quantum spokesman John Gladston also declined to comment.Mining DisputesGlencore shelved its plans to place the operations under care and maintenance for 90 days, after Zambia threatened to revoke its mining license in April. Barclays lowered First Quantum Minerals from an “overweight” rating to an “equal weight” rating in a research note on Monday, July 20th. Latest Reports Unique expertise We unlock value from complex mineral projects through management, technical and operating skills to deliver rewarding jobs for employees, sustainable development for local communities and returns for our shareholders. While impairments of $1.14 billion at Mopani contributed to Glencore posting a first-half loss, the Switzerland-based commodity giant still assigned a value of $704 million to the operations.Mulenga expects a deal to be announced in the coming weeks by Mines Minister Richard Musukwa, who said in September that both companies were prepared to sell their entire holding in Mopani.