First Quantum Minerals Share Discussion Threads

[goinbroke] 29/5/2008 14:02

AT,

Your I assume 1st Qtr 2008 numbers are pre this?

So no Copper, Concrete, Steel (Nickel, Iron, Manganese, Titanium etc) needed here then!







2008 Sichuan earthquake Tragedy
Date May 12, 2008
Magnitude 8.0 Ms[1] / 7.9 Mw[2]
Depth: 19 kilometres (12 mi)
Epicenter location: 31¡ã01¡ä16¡åN 103¡ã22¡ä01¡åE᥿9; / 31.021, 103.367 (Sichuan earthquake) (Wenchuan County in Sichuan province)
Countries/
regions affected China
Tsunami: None
Aftershocks: 96 major aftershocks so far (see list)

over 7,000 total aftershocks[3]

Casualties: 68,109 (dead, 19th deadliest earthquake)
364,552 (injured)
19,851 (missing)
(as of May 28, 2008 12:00 CST)[4]
The 2008 Sichuan earthquake (Chinese: ËÄ´¨´óµØÕð), or Great Sichuan Earthquake which measured at 8.0 Ms[5] and 8.3 Mw[6] according to the China Seismological Bureau, and 7.9 Mw according to USGS, occurred at 14:28:01.42 CST (06:28:01.42 UTC) on 12 May 2008 in Sichuan province of China. It was also known as the Wenchuan earthquake (Chinese: ãë´¨´óµØÕð), after the earthquake's epicenter in Wenchuan County in Sichuan province. The epicenter was 80 kilometres (50 mi) west-northwest of Chengdu, the capital of Sichuan, with a depth of 19 kilometres (12 mi).[2] The earthquake was felt as far away as Beijing (1,500 km away) and Shanghai (1,700 km away), where office buildings swayed with the tremor.[7] The earthquake was also felt in nearby countries.

Official figures (as of May 28, 12:00 CST) state that 68,109 are confirmed dead, including 66,674 in Sichuan province, and 364,552 injured, with 19,851 listed as missing.[4] The earthquake left about 4.8 million people homeless,[8] though the number could be as high as 11 million.[9] It was the deadliest and strongest earthquake to hit China since the 1976 Tangshan earthquake, which killed at least 240,000 people.

On May 25, a major aftershock of 6.0 Mw hit northeast of the original earthquake's epicenter, in Qingchuan County, causing eight deaths, 927 injuries, and the collapse of thousands of buildings.[10]

Contents
[hide]
1 Earthquake details
1.1 Extent of tremors
1.2 Tectonics
2 Immediate aftermath
3 Casualties
3.1 Property damage
4 Rescue efforts
4.1 The "quake lakes"
5 Reactions within China
6 Foreign and domestic aid
6.1 Countries and regions
6.2 Mainland China
7 Signs and prediction
8 See also
9 References
10 External links
10.1 News Records
10.2 Online Maps
10.3 Media
10.4 Scientific and Educational Synthesis
10.5 Other Wikis



[edit] Earthquake details

[goinbroke] 29/5/2008 13:38

If 1.50 billion Indian Subcontinent and 1.30 billion China want cars, and all household goods of West possibly far more next 5 years.

[armand traore] 29/5/2008 13:32

goinbroke
China's 2008 copper demand will increase by as much as 15%, while India's will jump nearly 10%.

[goinbroke] 28/5/2008 20:31

C Wave just started Up, really wanted to see close of C$80.65 or higher!

Probably short interest panic by bell assuming 2% trailing stops 76.857 (102% of 75.35 Low)

[goinbroke] 28/5/2008 20:03

WIV A and C at Parity run back to 78.90 NL

[goinbroke] 28/5/2008 19:04

What da ya know.

[goinbroke] 28/5/2008 18:53

SeaGreen should Close $80.65 tonight logically once NAM traders get back from lunch 2.00pm to 3.00pm EST ie from 7.00pm GMT IMHO

[goinbroke] 28/5/2008 17:43

C$78 Neckline Gone.

[goinbroke] 28/5/2008 16:42

SeaGreen, think next Inv H & S Neckline $78 that should trigger $2.65 ($75.35-$78)to C$80.65 then on up I guess.

MACD Zero Break should be fast and furious now IMHO.

[goinbroke] 28/5/2008 13:37

C$98 then C$102.50 IMHO

[seagreen] 28/5/2008 13:27

looks good for a quick £5 bounce to me on the chart

[zappa5] 02/4/2008 14:00

Thanks to zimzoot on the XTA thread.......


Xstrata May Bid for First Quantum, Alumina, Citigroup Says

By Mark Herlihy

March 28 (Bloomberg) -- Xstrata Plc, the Swiss company that ended takeover talks with Brazilian iron-ore producer Cia. Vale do Rio Doce, may bid for mining companies including First Quantum Minerals Ltd. and Alumina Ltd., Citigroup Inc. said.

It may also consider acquiring ``smaller'' mining companies such as Albidon Ltd., Copperco Ltd. and Riverdale Mining Inc., the bank said. Zug, Switzerland-based Xstrata will find it easier to ``be the hunter than the hunted,'' London-based analyst Craig Sainsbury said yesterday in a note.

``We believe the market will continue to look for Xstrata to do the mega deal,'' Sainsbury said. Freeport-McMoRan Copper & Gold Inc., Alcoa Inc., Lonmin Plc and Anglo American Plc ``could all come into the frame,'' he said.

Brazil's Vale said March 25 that negotiations to buy Xstrata broke down because of demands from the Swiss company's 34 percent shareholder Glencore International AG. A takeover would have created a company larger than BHP Billiton Ltd., the world's biggest miner. Mining-company mergers and acquisitions rose to a record $158.9 billion last year, according to PricewaterhouseCoopers LLP, amid record commodity prices.

First Quantum has increased 16 percent in the past year in Toronto trading, valuing the company at C$5.8 billion ($5.7 billion). Australia's Alumina, which supplies the raw material of the same name to aluminum smelters, has a market value of A$6.3 billion ($5.8 billion).

Xstrata could save as much as $2 billion a year from a merger with Anglo, mainly from the coal and copper units, Citigroup said.

``The other option is for Xstrata to go it alone and wait for the commodity/equity markets to stabilize and Vale to return with another bid in six months,'' Sainsbury said.

To contact the reporter on this story: Mark Herlihy in London at [e-mail]

[routers] 07/12/2007 18:19

sorry wrong thread

[routers] 07/12/2007 18:17

there's a segment on the palm oil industry on cnbc tonight at 7.30 cet

[cootuk] 28/10/2007 14:27

There's a mention in the Sunday Times under a new series of super fund managers.

[routers] 29/9/2007 22:55

might see another rise in the share price from next week
due to an analyst tour of copperbelt,zambia and democratic
republic of congo from oct 1-5.

[beckwith] 24/9/2007 18:21

Not so lonely now, I am keeping a watchful eye on this one. I have only held for a few months so it's good to see the price recover. I reckon by the end of the year we could be in with a decent return again. Let's hope they are on target to cheer us up for Christmas!

[ben gunn] 24/9/2007 17:32

Bit lonely on this post but £10 a share in less than one month is pretty sweet.

[ben gunn] 07/9/2007 18:29

Gardenboy

Bit volatile for me this stock....fell £1.00 while I drank my tea...but I'm a holder.

Any views on African Copper as an investment?


Er.....falling out of bed this pm. Any Ideas?