First Quantum shareholder SailingStone told miner about 'missed opportunities'

SailingStone Capital Partners, a shareholder in First Quantum Minerals, said on Monday it had told the Canadian miner about historic "missed opportunities" in the management of its balance sheet and a range of options to bring down its leverage. "We have expressed our view to the company on the range of options that are (there) and some of the missed opportunities around how they managed the balance sheet and their hedge book and what the priorities are ...," MacKenzie Davis, a managing partner at the investment firm, told Reuters in an interview.