Sept 19 (Reuters) - Canadian copper miner First QuantumMinerals Ltd is drawing preliminary takeover interestfrom global miners after losing half its value over the pastfive years, Bloomberg reported on Thursday.
The company, which is the owner of Africa's biggest coppermine, is working with defense advisers to examine options, thereport said, citing people with knowledge of the matter,although no formal offers had been received yet.
First Quantum did not immediately respond to Reuters requestfor comment.
As of Thursday's close, the company had a market valuationof C$7.72 billion, according to Refinitiv data. Shares of thecompany closed up 10.3% at C$11.20 on the Toronto StockExchange.(Reporting by Debroop Roy in Bengaluru; Editing by Arun Koyyur)