Miner First Quantum’s fourth-quarter profit dips

By Thomson Reuters Feb 20, 2024 | 5:59 PM

(Reuters) – Copper miner First Quantum Minerals reported a net loss for the fourth quarter on Tuesday, as production was hit by the closure of its Cobre Panama mine.

The company reported a net loss of C$1.45 bln or C$2.09 per share, for the quarter ended Dec. 31, from a profit of C$117 million or C$0.17 per share, a year earlier.

(Reporting by Seher Dareen in Bengaluru)