Who is the CEO of First Quantum?
1 Answer
Tristan Pascall is the Chief Executive Officer (CEO) of First Quantum Minerals Ltd., a Canadian-based mining and metals company. He joined the company in 2007 and has held various roles, including General Manager of the Cobre Panama project and executive leadership positions in the UK. In May 2022, he was appointed CEO, succeeding Philip Pascall, who transitioned to the role of Chairman of the Board.
Under Pascall's leadership, First Quantum has faced significant challenges, notably the closure of the Cobre Panama mine in November 2023 due to a government-ordered shutdown amid environmental protests. The mine, which previously accounted for 40% of the company's revenue, has remained non-operational, and Pascall has indicated that reopening in 2024 is unlikely.
In response to these challenges, Pascall has emphasized the company's commitment to Panama and is exploring partnerships to strengthen First Quantum's position. For instance, in October 2024, he mentioned discussions with potential partners regarding the company's Zambian assets, highlighting the importance of beneficial partnerships for all stakeholders, including the Zambian government.
Pascall's leadership continues to steer First Quantum through a period of transition, focusing on strategic partnerships and operational adjustments to navigate the evolving mining industry landscape.
Under Pascall's leadership, First Quantum has faced significant challenges, notably the closure of the Cobre Panama mine in November 2023 due to a government-ordered shutdown amid environmental protests. The mine, which previously accounted for 40% of the company's revenue, has remained non-operational, and Pascall has indicated that reopening in 2024 is unlikely.
In response to these challenges, Pascall has emphasized the company's commitment to Panama and is exploring partnerships to strengthen First Quantum's position. For instance, in October 2024, he mentioned discussions with potential partners regarding the company's Zambian assets, highlighting the importance of beneficial partnerships for all stakeholders, including the Zambian government.
Pascall's leadership continues to steer First Quantum through a period of transition, focusing on strategic partnerships and operational adjustments to navigate the evolving mining industry landscape.