Global exploration snapshot: Eight companies seeking copper, precious metals and more
As explorers continue to hunt for precious metals and critical minerals needed for the green energy transition, their pursuit takes them to every corner of…
First Quantum Minerals
Glencore to sell stake in troubled New Caledonia nickel operation
Glencore (LSE: GLEN) said on Monday it will close and sell its stake in the loss-making Koniambo Nickel SAS (KNS) business it co-owns in New…
First Quantum to halt Ravensthorpe nickel mine for two years
Canadian miner First Quantum Minerals (TSX: FM), which is reeling from the forced closure of its giant copper mine in Panama, will halt mining at…
First Quantum said to be in talks with Jiangxi over Zambian mines
Canadian miner First Quantum Minerals (TSX: FM), which is reeling from the forced closure of its flagship copper mine in Panama, is said to be in…
Barrick, Antofagasta to spend US$95M exploring for copper in Chile
Canada’s Barrick Gold (TSX: ABX; NYSE: GOLD) and Chilean miner Antofagasta (LSE: ANTO) have partnered up to explore for copper and other metals in the…
The biggest global mining news of 2023
The mining world was pulled in all directions in 2023: the collapse of lithium prices, furious M&A activity, a bad year for cobalt and nickel,…
First Quantum takes Panama to international court
It is also suspending its 2023 production guidance for Cobre Panama mine, which accounts for about 1.5% of the world’s copper production.
Panama’s top court deems First Quantum contract unconstitutional
Panama’s Supreme Court ruled on Tuesday that First Quantum Minerals’ (TSX: FM) contract to operate the giant Cobre Panama copper mine, the only mining operation in…
Panama court to rule on First Quantum mine’s fate
Panama’s Supreme Court began deliberations on Friday to decide the future of First Quantum Minerals’ (TSX: FM) giant Cobre Panama copper operation, the Central American…
Exclusive: Bristow eyes copper growth as Barrick invests in junior
Barrick Gold (TSX: ABX; NYSE: GOLD) is investing in junior Hercules Silver (TSXV: BIG) as part of a plan to find porphyry copper deposits, Barrick…
First Quantum could seek arbitration over Cobre Panamá
First Quantum Minerals (TSX: FM) may want to send its on-again off-again battle with the Panama government over Cobre Panamá to international arbitration. That was…
First Quantum shares fall 50% since Friday as Panama seeks referendum
Panama’s President Laurentino Cortizo has cleared the first hurdle to fast-track a bill that would allow the country to hold a referendum on the controversial…