First Quantum Minerals Q1 earnings fall on lower metal prices

Thu May 1, 2014 5:35pm EDT
 
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May 1 (Reuters) - Canadian base metal miner First Quantum Minerals Ltd reported lower first-quarter earnings on Thursday due to weaker metal prices.

The company, which primarily mines copper but also produces nickel and gold, said its earnings fell to $126.8 million, or 22 cents a share, in the three months through March from $153.8 million, or 32 cents, a year earlier. (Reporting by Nicole Mordant in Vancouver; Editing by David Gregorio)