China’s Jiangxi Copper buys $212m of First Quantum shares
First Quantum Minerals’ second-largest shareholder bought an additional C$287.5-million in shares of the Canadian metals producer that’s been hurt by the forced closure of its flagship copper mine in Panama.
China’s Jiangxi Copper bought 25.9-million First Quantum shares for C$11.10 each through a stock sale by the Canadian company, according to a Friday regulatory filing.