Panama mine shutdown threatens copper’s surplusThe 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 mineThe company is facing an estimated $625 million in debt…Bloomberg News | November 30, 2023 | 7:02 am
Panama orders First Quantum’s copper mine closurePresident Laurentino Cortizo said "the orderly and safe closure of…Cecilia Jamasmie | November 29, 2023 | 11:57 am
Anglo American carries out water reclamation project in Brazil The water employed in the operation of the pipeline that transports iron ore from Minas Rio to São João da Barra is set to be reused. Staff Writer | December 26, 2022 | 11:08 am
First Quantum CEO holds talks with Panama minister – source First Quantum CEO Tristan Pascall flew to Panama over Christmas to attend the meeting in person with the minister, Federico Alfaro, Reuters sources say. Reuters | December 26, 2022 | 10:49 am
Chilean company develops AI-powered technology to detect failures in large-tonnage mobile mining equipment Developed by Fukay Data, Vitech is a software aimed at providing early detection of failures in large-tonnage mobile mining equipment. Staff Writer | December 26, 2022 | 9:39 am
First Quantum starts arbitration against Panama, says government The company accounts for roughly 3.5% of Panama's gross domestic product. Reuters | December 26, 2022 | 7:24 am
Codelco launches austerity plan after lower production forecasts The state-owned miner cut its 2022/23 production goal in October, amid lower prices and poorer ore grades. Reuters | December 23, 2022 | 11:47 am
Panama aims for ‘fair’ deal with First Quantum The Cobre Panama mine is considered the largest private investment in the Central American country. Reuters | December 23, 2022 | 11:45 am
Rio Tinto venture makes strategic investment in Regulus Resources The Rio Tinto investment follows a $5 million investment by Osisko Gold Royalties in mid-October. Staff Writer | December 23, 2022 | 10:50 am
Ecuador signs investment contract with Solaris on Warintza project The investment contract ratifies the Investment Protection Agreement announced in June and “significantly” de-risks Warintza. Staff Writer | December 23, 2022 | 10:45 am
JX Nippon to produce tantalum at Brazil’s Mibra mine The joint venture of JX Nippon Mining and Brazil's AMG Brasil will start producing tantalum concentrate from ore in January. Reuters | December 23, 2022 | 7:49 am