First Quantum Minerals Ltd. , a Canadian mining company that produces copper in Africa, said it’s considering seeking compensation of more than $1 billion from Eurasian Natural Resources Corp. to cover financial losses at the Kolwezi project in the Democratic Republic of Congo.
First Quantum Minerals Ltd. plans to hold on to all of Inmet Mining Corp.’s operating assets and most of its employees after getting shareholder support for a C$5 billion ($4.9 billion) hostile takeover.
First Quantum Minerals Ltd. , the Canadian mining company that today agreed to buy the Haquira copper project in Peru, will seek to cooperate with Xstrata Plc and other developers of nearby mineral resources.
First Quantum Minerals Ltd. , the Canadian mining company that bought BHP Billiton Ltd.’s failed West Australian nickel mine, is hiring 600 workers and plans to restart the operation ahead of schedule.
First Quantum Minerals Ltd. , fighting for rights to the Kolwezi project in the Democratic Republic of Congo, began legal action against subsidiaries of Eurasian Natural Resources Corp. and will seek an injunction against the use of its equipment and plant there.
First Quantum Minerals Ltd. will meet Inmet Mining Corp. investors to seek to win them over to its C$5.1 billion ($5.2 billion) takeover offer for the company after the target’s management this week rejected the approach.