First Quantum Minerals Ltd : First Quantum Minerals Announces Sale of 30% of Ravensthorpe Nickel for $240 Million finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
TORONTO, April 27, 2021 (GLOBE NEWSWIRE)
First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX:FM) today reported for the three months ended March 31, 2021 (“Q1”) comparative earnings
1 of $150 million ($0.22 per share
1), net earnings attributable to shareholders of the Company
1 of $142 million ($0.21 per share
1) and cash flows from operating activities of $743 million ($1.08 per share
1).
“Our operations performed very well with Cobre Panama delivering record quarterly production. Our Zambian business delivered in line with plan despite the heavy rains experienced in the quarter. With our continued low costs and the strong copper price, we generated significant cash flow, which in turn, enabled us to further reduce our debt level,” commented Philip Pascall, Chairman and CEO. “I continue to recognize and be thankful for the dedication and resilience of our entire workforce as the challenges associated with COVID-19 persist. We remain commi
First Quantum Minerals Ltd.: First Quantum Minerals Reports First Quarter 2021 Results
TORONTO, April 27, 2021 (GLOBE NEWSWIRE)
First Quantum Minerals Ltd. ( First Quantum or the Company ) (TSX:FM) today reported for the three months ended March 31, 2021 ( Q1 ) comparative earnings
1 of $150 million ($0.22 per share
1), net earnings attributable to shareholders of the Company
1 of $142 million ($0.21 per share
1) and cash flows from operating activities of $743 million ($1.08 per share
1). Our operations performed very well with Cobre Panama delivering record quarterly production. Our Zambian business delivered in line with plan despite the heavy rains experienced in the quarter. With our continued low costs and the strong copper price, we generated significant cash flow, which in turn, enabled us to further reduce our debt level, commented Philip Pascall, Chairman and CEO. I continue to recognize and be thankful for the dedication and resilience of our entire workfor
1 Comparative earnings (loss) have been adjusted to exclude items from the corresponding IFRS measure, net earnings (loss) attributable to shareholders of the Company, which are not considered by management to be not reflective of underlying performance. Comparative earnings (loss), comparative earnings (loss) per share, comparative EBITDA and cash flows per share are not measures recognized under IFRS and do not have a standardized meaning prescribed by IFRS. The Company has disclosed these measures to assist with the understanding of results and to provide further financial information about the results to investors. Refer to the “Regulatory Disclosures” section in the MD&A for the quarter ended March 31, 2021 for further information. The use of comparative earnings (loss) and comparative EBITDA represents the Company’s adjusted earnings (loss) metrics.
Scientists stumble on a meteor smashing into Jupiter
Stare at this gas giant long enough and you ll eventually have a blast. Listen - 01:54
This color-enhanced image shows a NASA Juno view of Jupiter in late 2020. NASA/JPL-Caltech/SwRI/MSSS; image processing by Tanya Oleksuik
Researchers using NASA s Juno spacecraft to check out Jupiter s auroras say they got lucky last spring and caught a very bright meteoroid explosion in the process.
Such impacts aren t rare for Jupiter, since it s the largest planet in the solar system with some seriously powerful gravity to boot.
CNET Science
From the lab to your inbox. Get the latest science stories from CNET every week.