Quantum Minerals

Last updated on 2013-11-20T06:48+0300.

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Key Titles and Phrases Count Lang Last Seen
Names Lang Count
Quantum MineralsEN64.42%
Quantum MineralsFR34.62%
QUANTUM MINERALSEN0.96%


 
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Thursday, December 12, 2019

7:13:00 PM EAT

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Clive Newall said ( about Quantum Minerals ) : “There has been speculation of a takeover bid. First Quantum has not engaged in any discussions regarding a take-over bid or other change of control transaction and has no knowledge of potential take-over bids, change of control transactions or proposals,” External link

zambiareports Thursday, September 26, 2019 10:30:00 AM EAT

Thierry Charles stated ( about Quantum Minerals ) : “First Quantum MInerals is another clear case in point. How can we really believe FQM is letting $3.5 billion sleep in the Kansanshi Mine’s coffers? To keep that huge amount of retained earnings is abnormal. Would they be distributed, the ZCCM-IH’s share would be as much as 700 million while Zambia is in dire need of money and development. Would the purpose of FQM be to stifle the people of Zambia? It may be Mr Pascall and his staff’s strange way of rewarding the Zambians for allowing FQM to build a world mining empire through the Kansanshi Mine,” External link

zambiareports Monday, June 10, 2019 11:20:00 AM EAT

Metals Corp stated ( about Quantum Minerals ) : "We wish to thank First Quantum and its exploration team for the work completed and significant investments made on the Panteria project over the past three years. Exploration on the main Panteria Copper zone did not meet their expectations, however the work completed has identified significant Au-Ag targets that warrant further exploration. The Company will access this work and will identify new partners to continue exploration on the project" External link

finanznachrichten-en Thursday, May 23, 2019 1:04:00 AM EAT

Philippe Pascal noted ( about Quantum Minerals ) : "This was a very constructive quarter for First Quantum as we made significant progress towards several of our key objectives," External link

finanznachrichten-en Friday, October 27, 2017 2:53:00 AM EAT

Philippe Pascal concluded ( about Quantum Minerals ) : "First Quantum's growth in copper is set to continue in the near-term with the construction of our tier-one Cobre Panama project which is expected to start phased commissioning within 12 months. Our imminent acquisition of an additional 10% interest in the project reinforces our confidence not only in this project, but also in the strong fundamentals for copper. We are very pleased that this opportunity became available when it did and that we have been able to reach agreement with LS-Nikko Copper on terms that match the timetable for the development and commissioning of Cobre Panama," External link

finanznachrichten-en Friday, October 27, 2017 2:53:00 AM EAT

Oliver Saasa said ( about Quantum Minerals ) : “Firstly, he (Pascal) was spot on! They (FQM) hired me to look at the economic impact of their incorporation in Zambia. So what he was saying was actually very much in line with the concerns that I raised in my report. It’s a known fact that mine tax instability or continuous changes over the years in tax regime bring tax instability in terms of investments,” “First Quantum Minerals, as you are aware, is the largest single mining investment in Kalumbila area, postindependence, amounting to about US$2.5 billion. It’s a huge mine and not only by Zambian standards but also by African standards. First Quantum Minerals is the largest contributor to the tax regime; more than 60 per cent is paid to the Treasury by that mining company. They had three lines of investments; they started with the Trident and there were two others but they slowed down significantly mainly because of the tax regime. This has been worsened by the poor showing of the copper price on the global market” External link

postzambia Monday, July 4, 2016 8:10:00 PM EAT

Oliver Saasa asked ( about Quantum Minerals ) : “So, tax stability is very important. Government somehow made commitments that they are going to stabilise the mine tax regime. [But] if you look at many countries in the world...you see, the upfront investment in mining is so colossal that you [only] start getting profits three, four or five years after the initial investment. Because of that, tax regime must be predictable, must be stable, must be attractive. Continuous changes means…who would want to pump in over US$2 billion, like First Quantum Minerals did, when the following week the tax regime changes and their figures start getting confused?” “But the biggest problem we have had here, not only in the mining sector but across the board, is that we have been very inconsistent in terms of policies. I don’t know why it’s like that; each time you have a new minister in a particular sector, the policy changes and investors don’t operate in regimes like that” External link

postzambia Monday, July 4, 2016 8:10:00 PM EAT

AfricaBrief

Quantum Minerals

Last updated on 2013-11-20T06:48+0300.

About this image

sign


Key Titles and Phrases Count Lang Last Seen
Names Lang Count
Quantum MineralsEN64.42%
Quantum MineralsFR34.62%
QUANTUM MINERALSEN0.96%


<<10<12345678910>>>10
<<10<12345678910>>>10

Tools

Load latest edition

Thursday, December 12, 2019

7:13:00 PM EAT


Quotes... Explore Relations


EMM Visual Explorer


Quotes... Extracted quotes about

Clive Newall said ( about Quantum Minerals ) : “There has been speculation of a takeover bid. First Quantum has not engaged in any discussions regarding a take-over bid or other change of control transaction and has no knowledge of potential take-over bids, change of control transactions or proposals,” External link

zambiareports Thursday, September 26, 2019 10:30:00 AM EAT

Thierry Charles stated ( about Quantum Minerals ) : “First Quantum MInerals is another clear case in point. How can we really believe FQM is letting $3.5 billion sleep in the Kansanshi Mine’s coffers? To keep that huge amount of retained earnings is abnormal. Would they be distributed, the ZCCM-IH’s share would be as much as 700 million while Zambia is in dire need of money and development. Would the purpose of FQM be to stifle the people of Zambia? It may be Mr Pascall and his staff’s strange way of rewarding the Zambians for allowing FQM to build a world mining empire through the Kansanshi Mine,” External link

zambiareports Monday, June 10, 2019 11:20:00 AM EAT

Metals Corp stated ( about Quantum Minerals ) : "We wish to thank First Quantum and its exploration team for the work completed and significant investments made on the Panteria project over the past three years. Exploration on the main Panteria Copper zone did not meet their expectations, however the work completed has identified significant Au-Ag targets that warrant further exploration. The Company will access this work and will identify new partners to continue exploration on the project" External link

finanznachrichten-en Thursday, May 23, 2019 1:04:00 AM EAT

Philippe Pascal noted ( about Quantum Minerals ) : "This was a very constructive quarter for First Quantum as we made significant progress towards several of our key objectives," External link

finanznachrichten-en Friday, October 27, 2017 2:53:00 AM EAT

Philippe Pascal concluded ( about Quantum Minerals ) : "First Quantum's growth in copper is set to continue in the near-term with the construction of our tier-one Cobre Panama project which is expected to start phased commissioning within 12 months. Our imminent acquisition of an additional 10% interest in the project reinforces our confidence not only in this project, but also in the strong fundamentals for copper. We are very pleased that this opportunity became available when it did and that we have been able to reach agreement with LS-Nikko Copper on terms that match the timetable for the development and commissioning of Cobre Panama," External link

finanznachrichten-en Friday, October 27, 2017 2:53:00 AM EAT

Oliver Saasa said ( about Quantum Minerals ) : “Firstly, he (Pascal) was spot on! They (FQM) hired me to look at the economic impact of their incorporation in Zambia. So what he was saying was actually very much in line with the concerns that I raised in my report. It’s a known fact that mine tax instability or continuous changes over the years in tax regime bring tax instability in terms of investments,” “First Quantum Minerals, as you are aware, is the largest single mining investment in Kalumbila area, postindependence, amounting to about US$2.5 billion. It’s a huge mine and not only by Zambian standards but also by African standards. First Quantum Minerals is the largest contributor to the tax regime; more than 60 per cent is paid to the Treasury by that mining company. They had three lines of investments; they started with the Trident and there were two others but they slowed down significantly mainly because of the tax regime. This has been worsened by the poor showing of the copper price on the global market” External link

postzambia Monday, July 4, 2016 8:10:00 PM EAT

Oliver Saasa asked ( about Quantum Minerals ) : “So, tax stability is very important. Government somehow made commitments that they are going to stabilise the mine tax regime. [But] if you look at many countries in the world...you see, the upfront investment in mining is so colossal that you [only] start getting profits three, four or five years after the initial investment. Because of that, tax regime must be predictable, must be stable, must be attractive. Continuous changes means…who would want to pump in over US$2 billion, like First Quantum Minerals did, when the following week the tax regime changes and their figures start getting confused?” “But the biggest problem we have had here, not only in the mining sector but across the board, is that we have been very inconsistent in terms of policies. I don’t know why it’s like that; each time you have a new minister in a particular sector, the policy changes and investors don’t operate in regimes like that” External link

postzambia Monday, July 4, 2016 8:10:00 PM EAT