TORONTO, Jan. 15, 2019 /PRNewswire/ -- First
Quantum Minerals Ltd. ("First Quantum" or the "Company", TSX Symbol
"FM") today announced its preliminary production and sales
for the three months and year ended December
31, 2018, including record total copper production and sales
for the year, exceeding the prior year by approximately 6% and 3%,
respectively, and exceeding production guidance.
Amounts are preliminary and subject to final adjustment. The
final amounts and the 2019 to 2021 market guidance will be
published in the Company's financial results for the fourth quarter
and the full year 2018.
|
Total
|
Q4
|
Q3
|
Q4
|
Year
|
Year
|
|
2018
|
2018
|
2017
|
2018
|
2017
|
|
|
|
|
|
|
|
Copper production
(tonnes)1
|
158,304
|
151,241
|
154,319
|
605,853
|
573,963
|
|
Copper sales
(tonnes) 2
|
156,212
|
149,877
|
151,905
|
596,513
|
580,130
|
|
|
|
|
|
|
|
Gold production
(ounces) 3
|
48,039
|
44,979
|
51,904
|
185,414
|
199,736
|
|
Gold sales
(ounces) 3
|
53,221
|
42,864
|
50,723
|
193,072
|
201,376
|
|
|
|
|
|
|
|
Zinc production
(tonnes)
|
7,687
|
7,348
|
3,556
|
26,807
|
20,723
|
|
Zinc sales
(tonnes)
|
8,268
|
6,178
|
3,282
|
26,112
|
21,851
|
|
|
|
|
|
|
|
Nickel production
(contained tonnes)
|
-
|
-
|
-
|
-
|
17,837
|
|
Nickel sales
(contained tonnes)
|
-
|
-
|
865
|
-
|
18,683
|
|
|
|
|
|
|
|
Kansanshi
|
Q4
|
Q3
|
Q4
|
Year
|
Year
|
|
2018
|
2018
|
2017
|
2018
|
2017
|
|
|
|
|
|
|
|
Copper production
(tonnes)1
|
61,780
|
63,687
|
64,800
|
251,522
|
250,801
|
|
Copper sales
(tonnes)2, 4
|
56,330
|
64,818
|
74,974
|
229,832
|
267,700
|
|
|
|
|
|
|
|
Gold production
(ounces)
|
33,465
|
30,938
|
36,363
|
130,019
|
140,595
|
|
Gold sales
(ounces)
|
35,150
|
32,706
|
35,910
|
134,424
|
139,735
|
|
|
|
|
|
|
|
Sentinel
|
Q4
|
Q3
|
Q4
|
Year
|
Year
|
|
2018
|
2018
|
2017
|
2018
|
2017
|
|
|
|
|
|
|
|
Copper production
(tonnes)
|
60,840
|
56,426
|
57,190
|
223,656
|
190,683
|
|
Copper sales
(tonnes)
|
60,257
|
59,069
|
44,767
|
238,211
|
177,360
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Las
Cruces
|
Q4
|
Q3
|
Q4
|
Year
|
Year
|
|
2018
|
2018
|
2017
|
2018
|
2017
|
|
Copper cathode
production (tonnes)
|
18,470
|
15,181
|
18,700
|
70,738
|
73,664
|
|
Copper cathode sales
(tonnes)
|
18,345
|
15,138
|
17,903
|
71,523
|
74,664
|
|
|
|
|
|
|
|
Guelb
Moghrein
|
Q4
|
Q3
|
Q4
|
Year
|
Year
|
|
2018
|
2018
|
2017
|
2018
|
2017
|
|
Copper production
(tonnes)
|
8,319
|
7,902
|
7,155
|
28,137
|
28,791
|
|
Copper sales
(tonnes)
|
9,099
|
5,108
|
6,811
|
27,366
|
28,999
|
|
|
|
|
|
|
|
Gold production
(ounces)
|
12,236
|
11,644
|
13,270
|
45,974
|
49,213
|
|
Gold sales
(ounces)
|
14,224
|
8,100
|
12,384
|
48,195
|
50,453
|
|
|
|
|
|
|
|
Çayeli
|
Q4
|
Q3
|
Q4
|
Year
|
Year
|
|
2018
|
2018
|
2017
|
2018
|
2017
|
|
Copper production
(tonnes)
|
5,931
|
5,056
|
3,284
|
19,896
|
16,523
|
|
Copper sales
(tonnes)
|
9,153
|
2,753
|
4,266
|
17,397
|
17,716
|
|
Zinc production
(tonnes)
|
1,034
|
1,305
|
379
|
4,091
|
3,326
|
|
Zinc sales
(tonnes)
|
2,154
|
-
|
-
|
4,313
|
4,435
|
|
|
|
|
|
|
|
Pyhäsalmi
|
Q4
|
Q3
|
Q4
|
Year
|
Year
|
|
2018
|
2018
|
2017
|
2018
|
2017
|
|
Copper production
(tonnes)
|
2,964
|
2,989
|
3,190
|
11,904
|
13,501
|
|
Copper sales
(tonnes)
|
3,028
|
2,991
|
3,184
|
12,184
|
13,691
|
|
Zinc production
(tonnes)
|
6,653
|
6,043
|
3,177
|
22,716
|
17,397
|
|
Zinc sales
(tonnes)
|
6,114
|
6,178
|
3,282
|
21,799
|
17,416
|
|
Pyrite production
(tonnes)
|
168,881
|
171,355
|
154,855
|
645,885
|
692,124
|
|
Pyrite sales
(tonnes)
|
97,859
|
100,894
|
114,712
|
418,931
|
418,743
|
|
|
|
|
|
|
|
Ravensthorpe
|
Q4
|
Q3
|
Q4
|
Year
|
Year
|
|
2018
|
2018
|
2017
|
2018
|
2017
|
|
Nickel production
(contained tonnes)
|
-
|
-
|
-
|
-
|
17,837
|
|
Nickel sales
(contained tonnes)
|
-
|
-
|
865
|
-
|
18,683
|
|
|
|
|
|
|
|
|
|
1
|
Production presented
on a copper concentrate basis, i.e. mine production only.
Production does not include output from the Kansanshi
smelter.
|
|
2
|
Excludes copper anode
sales attributable to anode produced from third party purchases
of concentrate.
|
|
3
|
Includes gold
production and sales attributable to other operations not disclosed
separately.
|
|
4
|
Sales include
third-party sales of concentrate, cathode and anode attributable to
Kansanshi
(excluding copper anode sales attributable to Sentinel).
|
|
|
On Behalf of the Board of Directors of First Quantum Minerals
Ltd.
G. Clive Newall
President
Visit our website at www.first-quantum.com; North American
contact: Lisa Doddridge, Director,
Investor Relations, Tel: +1-(647)-346-3934, Fax: (604) 688-3818,
Toll Free: 1 (888) 688-6577, E-Mail: lisa.doddridge@fqml.com;
United Kingdom contact:
Clive Newall, President, Tel:
+44-7802-721663, Fax: +44-140-327-3494, E-Mail:
clive.newall@fqml.com