First Quantum Minerals earnings up, copper sales jump

Wed Jul 30, 2014 5:15pm EDT
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July 30 (Reuters) - Canadian base metal miner First Quantum Minerals Ltd on Wednesday reported higher earnings in the latest quarter as copper sales jumped.

The Vancouver-based company, which primarily mines copper but also produces nickel and gold, said earnings attributable to shareholders rose to $133.6 million, or 23 cents a share, in the second quarter, from $71.9 million, or 12 cents, a year earlier. Sales revenues rose to $945.1 million from $869.3 million. (Reporting by Allison Martell in Toronto; Editing by Tom Brown)