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 country’s only mine. The top…
Mexico and Central America
First Quantum to halt Panama mine this week if blockade goes on
First Quantum Minerals (TSX: FM) warned on Monday it would have to suspend operations at its controversial Cobre Panama copper mine, if an ongoing port blockade continues to impede the…
Leonardo DiCaprio backs Panama protests against First Quantum mine
Hollywood actor Leonardo DiCaprio has joined the demands of Panamanian activists asking for the shutdown of First Quantum Mineral’s Cobre Panamá copper mine.
National security-driven policy decisions to recast critical minerals space in 2024
While governments around the world are beginning to understand the strategic importance of critical minerals, miners may struggle in 2024 to position themselves to benefit as states battle for control…
Lower silver output in Peru, Mexico to drag down global production
Global mined silver production will fall 2% in 2023 to 820 million ounces from 2022 totals due to lower output from operations in top producing countries Mexico and Peru, The…
Torex Gold gets final environmental OK for Media Luna project
Torex Gold Resources (TSX: TXG) has passed the final environmental hurdle to take its Media Luna gold project towards commercial production, expected sometime late in 2024. Construction at the project,…
Broken contract? Know your rights
Access to mineral resources is essential for a modern and sustainable economy. Recent global commitments to climate change and achieving a net zero carbon emission environment have created a rush…
Jiangxi Copper boosts First Quantum stake on Cobre Panama hit
China’s Jiangxi Copper, First Quantum Minerals‘ (TSX: FM) largest shareholder, has increased its stake in the Canadian miner, which is still reeling from the heavy losses caused by uncertainty regarding…
JV Video: EY highlights access to capital as key concern for miners
Concern over access to capital against the urgent need for trillion-dollar investment to meet metal demands for the energy transition emerged as a critical industry concern in the latest findings…
Credit rater Fitch upbeat on gold majors’ resilience amid hazy markets
Fitch Ratings of London has issued a stable credit outlook for global gold producers, citing their strong financial metrics and debt reduction despite higher inflation, interest rates and geopolitical risk….
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 the consensus from legal experts…
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 20-year contract with Canadian miner…