First Quantum Minerals Ltd. — Ethics Grade F
First Quantum Minerals Ltd. receives an overall ethics grade of F (18/100) on CancelCo's corporate accountability database. Sector: Mining & Metals. Market cap: Large Cap.
Category scores
- labor: 30
- privacy: 80
- consumer: 50
- environment: 10
- humanRights: 15
Documented incidents (3)
- Minera Panama Environmental Crisis (high, 2023) — Widespread civil unrest in Panama led to the closure of the Cobre Panama mine due to unconstitutional contract disputes and ecological damage to biodiversity corridors.
- Zambian Tax Evasion Allegations (high, 2018) — Zambian authorities slapped the company with a massive bill for unpaid import duties and alleged under-reporting of production values.
- River Contamination in Zambia (high, 2021) — Local communities reported heavy metal discharge into local water sources from the Kansanshi mine, leading to agricultural failure.
Documented good deeds
- Zambian School Infrastructure — Invested in the construction and staffing of primary schools in the Solwezi region.
Ethical alternatives
- Lundin Gold — Stronger community engagement and environmental compliance record in Latin America.