CHART: First Quantum’s Peru project joins copper giants
First Quantum Minerals (TSX: FM) has outlined the La Granja project it holds with Rio Tinto (ASX. LSE, NYSE: RIO) in Peru as one of the copper sector’s largest undeveloped…
First Quantum Minerals
First Quantum loss widens on costs, copper output
First Quantum Minerals (TSX: FM) reported a wider first-quarter loss as higher operating costs and weaker copper production weighed on results, despite raising its full-year output guidance. The company posted…
Panama counts cost of First Quantum’s mine closure
Panama’s economy and labour market have taken a significant hit following the 2023 shutdown of First Quantum Minerals’ (TSX: FM) Cobre Panama copper mine, with new analysis detailing lost growth, jobs…
Chinalco bets $1.7B on Peru mine turnaround
Aluminum Corp. of China (Chinalco) is investing about $1.7 billion to overhaul its Toromocho mine in Peru, adding molybdenum output to drive a long-awaited turnaround. The upgrade at the site…
Angola flooding closes African copper export route
Flooding in Angola has halted rail traffic along the Lobito Corridor, disrupting a key export route for copper and cobalt from Central Africa and raising the prospect of supply bottlenecks…
Barrick signals deal push amid strategic reset
Barrick Mining (TSX: ABX; NYSE: B) is pivoting back to acquisitions and retreating from higher-risk regions, reversing a decade-long strategy that emphasized expansion across Africa and Asia. Chairman John Thornton…
Panama moves to unlock copper from First Quantum mine
Panama is set to authorize the removal and processing of stockpiled ore at First Quantum’s (TSX: FM) shuttered Cobre Panama copper mine, marking a key step in managing the idled operation….
First Quantum sells Turkish mine for $340M
First Quantum Minerals (TSX: FM) will sell its Çayeli mine in Turkey to a company controlled by Cengiz Holding as the Canadian miner raises additional capital for its priority assets….
Argentina’s Milei wins first vote to ease glacier rules
Argentina’s Senate has approved a reform to the country’s glacier protection law, advancing President Javier Milei’s push to unlock billions in mining investment. Lawmakers voted 40–31 in favour of the…
Panama growth hinges on Cobre Panama restart: report
Panama’s economy grew 4% in 2025, and business leaders say reopening First Quantum Minerals’ (TSX: FM) Cobre Panama copper mine is critical to lifting growth to as much as 6%…
First Quantum’s Argentina copper mine valued at $5.9B
A new technical report on First Quantum Minerals’ (TSX: FM) Taca Taca copper-gold project in northwest Argentina shows the project’s value has more than doubled in five years thanks in…
JP Morgan sees $5.50 copper, deficit worsening
J.P. Morgan has raised its long-term copper price forecast by 9.1% due to widening structural supply deficits and sharply higher capital costs that will require massive investment in new mine…