Sunday, November 1, 2026

First Quantum Q1 Earnings: Copper Major Still Bleeding Cash

While the gold business may be booming, the copper business.. Is not. 

While gold majors such as Newmont continue to print money despite their operational performance, copper majors find themselves in a bit of a different scenario. Copper pricing is often treated as a measure of the economy, and the last time I checked, the global economy ain’t doing so hot.

And neither is copper.

In any case, First Quantum Minerals (TSX: FM), a copper major, has reported their first quarter 2025 financial results.

Lets dive in.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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