REG - First Quantum Min Ld - 2015 Production and Sales <Origin Href="QuoteRef">FM.TO</Origin>

First Quantum MineralsAnnouncement

01/02/2016 13:50

RNS Number : 6631N
First Quantum Minerals Ld
01 February 2016

NEWS RELEASE
16-02
February 1, 2016
www.first-quantum.com
FIRST QUANTUM MINERALS ANNOUNCES ITS 2015 PRODUCTION AND SALES
First Quantum Minerals Ltd. ("First Quantum" or "the Company", TSX Symbol "FM", LSE Symbol "FQM")today announced its production and sales for the three months and year ended December 31, 2015.
Production of all metals was within the Company's previously-announced market guidance as was pre-commercial copper production from its Sentinel project of 32,971 tonnes for the year.
Amounts shown for Q4 and Year 2015 are preliminary and subject to final adjustment. Disclosure of the three-year guidance for production, production cost and capital expenditures is expected prior to the release of the Company's financial results for Q4 and Year 2015. 
FOURTH QUARTER AND FULL YEAR PRODUCTION SUMMARY

Q4 
2015
Q4 
2014

Year
2015
Year
2014
Copper (tonnes)1
120,193
105,176

428,229
427,655
Nickel (contained tonnes)
10,190
9,934

35,472
45,879
Gold (ounces)
57,520
57,480

223,914
229,813
Zinc (tonnes)
9,605
12,557

41,139
55,980
Platinum (ounces)
10,185
9,311

31,899
34,090
Palladium (ounces)
8,062
7,234

25,196
25,990
1 Includes pre-commercial production from Sentinel of 15,190 tonnes for Q4 2015 and 32,971 tonnes for the year 2015.
FOURTH QUARTER AND FULL YEAR SALES SUMMARY

Q4 
2015
Q4 
2014

Year
2015
Year
2014
Copper (tonnes) 1
124,554
94,836

408,734
411,203
Nickel (contained tonnes)
11,195
12,189

36,355
47,749
Gold (ounces)
61,371
48,608

225,466
214,104
Zinc (tonnes)
11,036
12,663

41,618
56,268
Platinum (ounces)
11,847
8,330

34,866
33,898
Palladium (ounces)
9,231
6,256

26,451
25,846
 1 Includes pre-commercial sales from Sentinel of 6,422 tonnes for Q4 2015 and 8,896 tonnes for the year 2015.
FOURTH QUARTER AND FULL YEAR PRODUCTION AND SALES SUMMARIES BY MINE
KANSANSHI
Q4 
2015
Q4 
2014

Year
2015
Year
2014
Production 





 Copper (tonnes)
61,600
61,924

226,674
262,287
 Gold (ounces)
34,009
36,705

136,257
154,431
Sales





 Copper (tonnes)
77,845
52,721

230,193
247,312
 Gold (ounces)
38,664
27,731

131,972
142,609
LAS CRUCES
Q4 
2015
Q4 
2014

Year
2015
Year
2014
Production





 Copper (tonnes)
18,608
17,525

70,029
71,090
Sales





 Copper (tonnes)
16,884
15,594

70,566
71,120
GUELB MOGHREIN
Q4 
2015
Q4 
2014

Year
2015
Year
2014
Production





 Copper (tonnes)
11,845
9,768

45,001
33,079
 Gold (ounces)
17,145
13,901

64,007
48,948
Sales





 Copper (tonnes)
11,228
8,519

47,322
30,095
 Gold (ounces)
16,667
13,421

70,680
45,901
AYELI 
Q4 
2015
Q4 
2014

Year
2015
Year
2014
Production





 Copper (tonnes)
5,606
7,820

24,304
29,360
 Gold (ounces)
1,015
1,521

4,034
5,599
 Zinc (tonnes)
3,778
8,513

19,808
36,218
Sales





 Copper (tonnes)
4,262
8,419

22,401
29,241
 Gold (ounces)
989
1,796

4,379
6,406
 Zinc (tonnes)
4,847
9,362

19,479
37,298
PYHSALMI 
Q4 
2015
Q4 
2014

Year
2015
Year
2014
Production





 Copper (tonnes)
3,035
4,038

12,046
14,304
 Gold (ounces)
1,719
2,258

6,768
7,989
 Zinc (tonnes)
5,827
4,043

21,331
19,762
Sales





 Copper (tonnes)
2,892
4,038

12,276
13,894
 Gold (ounces)
1,637
2,432

6,895
8,313
 Zinc (tonnes)
6,188
3,300

22,139
18,970
SENTINEL
Q4 
2015
Q4 
2014

Year
2015
Year
2014
Production





 Copper (tonnes)
15,190
-

32,971
-
Sales





 Copper (tonnes)
6,422
-

8,896
-
RAVENSTHORPE
Q4
2015
Q4
2014

Year
2015
Year
2014
Production





 Nickel (contained tonnes)
7,652
7,736

26,667
36,445
Sales





 Nickel (contained tonnes)
8,583
9,912

26,933
37,981
KEVITSA
Q4 
2015
Q4 
2014

Year
2015
Year
2014
Production



Nickel (contained tonnes)
2,538
2,197

8,805
9,433
Copper (tonnes)
4,307
4,101

17,204
17,535
Gold (ounces)
3,631
3,093

12,847
12,844
Platinum (ounces)
10,185
9,311

31,899
34,090
Palladium (ounces)
8,062
7,234

25,196
25,990
Sales





Nickel (contained tonnes)
2,611
2,277

9,421
9,768
Copper (tonnes)
5,020
5,545

17,081
19,542
Gold (ounces)
3,413
3,229

11,539
10,876
Platinum (ounces)
11,847
8,330

34,866
33,898
Palladium (ounces)
9,231
6,256

26,451
25,846
On Behalf of the Board of Directors 12g3-2b-82-4461
of First Quantum Minerals Ltd. Listed in Standard and Poor's 
G. Clive Newall
President
For further information visit our website at www.first-quantum.com
North American contact: Sharon Loung, Director, Investor Relations
Tel: (647) 346-3934 Fax: (604) 688-3818 Toll Free: 1 (888) 688-6577 E-Mail: sharon.loung@fqml.com

United Kingdom contact: Clive Newall, President
Tel: +44 140 327 3484 Fax: +44 140 327 3494 E-Mail: clive.newall@fqml.com

This information is provided by RNS
The company news service from the London Stock Exchange
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