March 21, 2018 / 4:41 PM / 7 months ago

BUZZ-First Quantum Minerals: Cuts losses, disputes Zambia's tax claims

** Shares of Canadian miner cut losses to trade marginally down at C$17.81

** FM disputes $8.07 bln tax bill that the Zambia’s tax agency says company owes for unpaid duties on imports

** First Quantum’s two copper mines in Zambia account for most of its profits

** Stock tumbled over 12 pct on Tuesday, its worst day since May 2016, when the company confirmed receiving the tax bill

** FM up 1.6 pct this year (Reporting by Medha Singh in Bengaluru)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below