First Quantum Minerals Ltd. (FM) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to the first Quantum Minerals Q2 2025 results conference call. All lines have been placed on mute to prevent any background noise. Today's conference is being recorded. After the speaker's remarks, there will be a question and answer session, and if you would like to ask a question during this time, please press star 1 on your telephone keypad. I would now like to turn the conference over to Benita To, Director of Investor Relations. You may begin. Thank you, operator, and thank you, everyone, for joining us today to discuss our second quarter results. During the call, we will be making forward-looking statements, and as such, I encourage you to read the cautionary notes that accompany this presentation, our MD&A, and the related news release. As a reminder, the presentation is available on our website and that all dollar references are in U.S. dollars unless otherwise noted. On today's call are Tristan Paschall, our Chief Executive Officer, Ryan McWilliam, our Chief Financial Officer, and Rudy Battenhorst, our Chief Operating Officer. And with that, I will turn the call over to Tristan for opening remarks. Thank you, Benita. And thank you, everybody, for joining us today for our quarterly earnings update. At the beginning of the year, we set forth our key priorities for 2025, moving towards resolution in Panama, ongoing proactive management of our balance sheet and liquidity position, safe and productive operational performance, and the delivery of the S3 expansion project at Kinsanchi. I'm pleased that we have made meaningful progress in these priorities during the second quarter. At Cobra Panama, the Government of Panama approved the Preservation and Safe Management Program, which is an important step forward in our ongoing responsible environmen...