The open pit copper mine Cobre Panamá, run by Panamanian Mining company Minera Panamá, a subsidiary of Canada's First Quantum Minerals Ltd., is show in Donoso, Panama, Dec. 6, 2022. First Quantum Minerals Ltd. says it has started arbitration proceedings to protect its rights at its Cobre Panama mine which has been the subject of environmental protests. THE CANADIAN PRESS/AP-Abraham Teran
The open pit copper mine Cobre Panamá, run by Panamanian Mining company Minera Panamá, a subsidiary of Canada's First Quantum Minerals Ltd., is show in Donoso, Panama, Dec. 6, 2022. First Quantum Minerals Ltd. says it has started arbitration proceedings to protect its rights at its Cobre Panama mine which has been the subject of environmental protests. THE CANADIAN PRESS/AP-Abraham Teran
LMTORONTO - First Quantum Minerals Ltd. reported US$25 million in net earnings attributable to shareholders for the fourth quarter, down from US$99 million during the same period a year earlier.Â
On a per share basis, this amounted to three cents US during the period ended Dec. 31, compared with 12 cents U.S. during the prior year quarter.Â
The Toronto-based company, which keeps its books in U.S. dollars, says sales revenue amounted to US$1.48 billion during the quarter, up from US$1.23 billion a year earlier.Â
First Quantum CEO Tristan Pascall says in a news release that he remains confident in the company's outlook for 2026 amid record-high copper prices.Â
In January, the company announced that the government of Panama will authorize the removal and processing of certain materials at the Cobre Panamá copper mine.
Pascall says the move marks a positive step and the company remains committed to dialogue regarding a resolution at the Cobre Panamá mine.Â
This report by ¹ú²úÓÕ»ó¸£Àû was first published Feb. 10, 2026.Â
Companies in this story: (TSX:FM) Â Â Â Â Â
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