May 6, 2013 / 9:28 PM / 4 years ago

First Quantum adjusted earnings rise on higher shipments

TORONTO, May 6 (Reuters) - Canadian base metal miner First Quantum Minerals Ltd reported a rise in adjusted earnings on Monday, helped by higher sales volumes and its recent acquisition of Inmet Mining Corp.

Net earnings attributable to shareholders fell to $112.4 million, or 23 cents a share, from $1.34 billion, or $2.81, a year earlier, when results were boosted by a legal settlement.

Excluding unusual items, earnings rose to $153.8 million, or 32 cents a share, from $119.0 million, or 25 cents. Sales revenue rose to $901.2 million from $728.7 million.

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