Scientists use copper to reduce cost of cancer treatment UCLA researchers devised an inexpensive way to produce a molecule used in anti-cancer drugs from a chemical costing just $3 per gram. Staff Writer | December 1, 2023 | 5:54 am
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. Cecilia Jamasmie | December 1, 2023 | 3:54 am
Codelco’s chief commercial officer resigns Carlos Alvarado will be replaced by Cristobal Fuenzalida a current marketing manager at Codelco. Reuters | November 30, 2023 | 4:02 pm
Panama trade minister resigns after mining contract backlash Jorge Rivera has been named the replacement. Reuters | November 30, 2023 | 3:01 pm
Five charged with 11 million euro metal theft from Aurubis The five people had been charged in connection with the theft of about 5,000 kilograms of materials containing precious metals. Reuters | November 30, 2023 | 2:49 pm
Panama mine shutdown threatens copper’s surplus The expectation for a looser market in the near term has been reflected in copper prices. Bloomberg News | November 30, 2023 | 10:35 am
First Quantum risks covenant breach, cost cuts if Panama shuts copper mine The company is facing an estimated $625 million in debt maturities next year and another $1.8 billion in 2025. Bloomberg News | November 30, 2023 | 7:02 am
Sandfire Resources apologizes for Aboriginal heritage damage The Western Australia copper miner is facing public outrage for not coming clean earlier about destroying artefacts more than five years ago. Cecilia Jamasmie | November 30, 2023 | 3:49 am
Panama copper miners take to the streets in backlash to shutdown “This is a source of income for more than 40,000 households, and we don’t have a response as to what is going to happen to us,” union leader Michael Camacho told reporters. Bloomberg News | November 29, 2023 | 4:54 pm