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JP Morgan cuts First Quantum Q2 estimates

Wall Street investment bank JP Morgan has cut its forecast for Toronto-listed First Quantum Minerals second quarter earnings by 8% to US$1.03 billion, reflecting higher costs and expected lower output at the firm’s Kansanshi copper-gold mine in Zambia.

Investors look to Kansanshi performance

Investors look to Kansanshi performance

JP Morgan sits 3% below market consensus of the firm's forecast second quarter results which First Quantum will release on July 27 after the close of trading on the Toronto Stock Exchange. First Quantum...

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