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Globe and Mail reported the morning of October 4 capped off a spectacular downward spiral for shares of First Quantum Minerals Ltd. (TSE:FM).
Globe and Mail reported the morning of October 4 capped off a spectacular downward spiral for shares of First Quantum Minerals Ltd. (TSE:FM).
As quoted in the market news:
Highly volatile copper prices and a new Zambian government have been behind the wild ride. After peaking around $4.50 (U.S.) per pound in late July, copper plunged all the way down to about $3.05 in late October. Although First Quantum is developing some nickel projects, copper is by far its most important commodity.
Click here to read the full Globe and Mail report.