Canadian Mining: Photo Analysts and Record Production

canadian mining: The Canadian mining and metals company said it had record production of about 158,000 tonnes of copper for 2018, according to The Toronto Star. Dreamstime/ File photo Analysts had expected earnings of 166.91 million or 20 cents per share, according to Thomson Reuters Eikon. The Toronto-based copper miner, which reports in U.S. dollars, says adjusted net earnings came in at 198 million or 29 cents per share in the quarter ending Dec. 31, up from a loss of 115 million or 17 cents for the same quarter a year earlier. The company said it had record production of about 158,000 tonnes of copper for 2018 thanks largely to a 17 per cent increase in production at its Sentinel copper mine in Zambia. Article Continued Below The company announced on Wednesday that it had started to process the first ore at its Cobre Panama plant, part of a major new mine at which it will be ramping up production through the year. First Quantum and other miners have been grappling with proposed changes to the tax regime in the copper-rich nation, with talks ongoing. (news.financializer.com). As reported in the news.