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First Quantum stocks drop on news of strike impact

By:  
Creamer Media Deputy Editor: North America
 
BASE METALS
The TSX-listed stock of base metals miner First Quantum Minerals on Tuesday fell by as much as C$0.51 a share after the company revealed that a strike at its Guelb Moghrein copper/gold mine, in Mauritania, had negatively impacted on the operation’s expected output by about 2 800 t of copper and 3 500 oz of gold. Vancouver-based First Quantum reported that the workforce at its Guelb Moghrein mine had returned to work and operations had resumed following strike action by some unionised employees.
 
 
 
 
 

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