First Quantum to Cut Spending, Sell Mines After Panama Setback
(Bloomberg) -- First Quantum Minerals Ltd. will cut spending, pause its dividend and put smaller mines up for sale in a sweeping effort to free up cash after it was ordered to shutter its $10 billion copper operation in Panama. Most Read from BloombergUS Merchant Vessel Struck as Shippers Told to Avoid Red SeaUS Economy Set for Another Cash Boost If Congress Backs Tax DealApple to Pull Blood-Oxygen Tool From Watches to Avoid US Ban If Appeal FailsStocks Slip as Officials Push Back on Easing Bets
Source: yahoo.com
