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First Quantum makes hay in March quarter

Miner has hedged 35% of expected copper sales over next 12 months at US$3.04/lb

Tom Hoskyns

EBITDA amounted to US$811 million in Q1, with copper sales up 11% year-on-year to 211,000 tonnes. Net direct cash costs of US$1.15/lb at Cobre Panama in Panama, $1.18/lb at Kansanshi and $1.38/lb at...

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