Sell Antofagasta and First Quantum and buy Kazakhmys, says Arbuthnot Securities - Proactive Investors UK
Thu, 14 Jul 2011 11:37Arbuthnot Securities mining analyst Gavin Wood has a bearish view on outperforming Antofagasta (LON:ANTO) and First Quantum Minerals (LON:FQM) because he believes their premium valuations are now too high. However he reckons downtrodden copper miner ...
Canadian Stocks Fall as Mining Shares Decline; Gabriel Surges - San Francisco Chronicle
Thu, 14 Jul 2011 21:29HudBay Minerals, Inc., which mines copper and zinc in Canada, lost 2.3 percent to C$14.59. First Quantum decreased 3.1 percent to C$131.21 after Gavin Wood, an analyst at Arbuthnot in London, set a 12-month price estimate for its UK-traded shares 14 ...
Gecamines Sale of Congo Copper Assets May Undermine Share Offer - BusinessWeek
Wed, 13 Jul 2011 00:34His success has also brought him into conflict with business rivals such as First Quantum Minerals Ltd., which is suing companies he owns with Eurasian Natural Resources Corp. (ENRC) for alleged involvement in the Congo government's cancellation of its ...
First Quantum lists 40 million shares - Lusaka Times
Tue, 28 Jun 2011 03:14FIRST Quantum Minerals (FQM) Limited says it will list its 40 million Zambia Depositary Receipts (ZDRs) which are ordinary shares on Lusaka Stock Exchange (LuSE) on July 6, 2011. ZDR are a block of ordinary shares of FQM that will be issued by ...
Asia Commodity Day Ahead: Cotton Drops to Seven-Month Low - Bloomberg
Wed, 06 Jul 2011 22:00First Quantum Minerals Ltd., the copper miner that lost Congo mining rights to Eurasian Natural Resources Corp., said it won't sell a processing plant in the country to ENRC because it still expects to restore its license. ...
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