First Quantum Minerals Ltd. shares posted their biggest two-day jump since early 2016, after people with knowledge of the matter said the owner of Africa’s biggest copper mine was drawing preliminary takeover interest from global miners.
Vancouver-based First Quantum, which has a market capitalization of C$8.42 billion ($6.35 billion), is working with defense advisers to examine its options, the people said. The company attracted potential buyers after losing about half its value in the five years through Wednesday.