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First Quantum swings to Q1 loss on increased tax charge

By:  
Creamer Media Deputy Editor: North America
 
COPPER
Base metals producer First Quantum Minerals has swung to an adjusted loss of $29-million, or $0.04 a share, during the first quarter ended March 31, as no tax credit was recognised regarding losses realised under a sales hedge programme. Headline earnings fell short of analyst forecasts calling for earnings of $0.05 a share.
 
 
 
 
 

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