Nexa Resources eyes expansion in PeruIt's the second application for a concession Nexa has submitted in the last eight days and it targets the mineral-rich Cajamarca region.Staff Writer | March 25, 2024 | 8:53 am
Criminals’ attempt to kidnap Peruvian miners quashedThe Pataz Unified Command detained three men who attempted to…Staff Writer | March 24, 2024 | 12:20 pm
Fortescue eyes developing its copper assets, not looking at Cobre Panama"When we feel the time is right, we'll pull the…Reuters | March 23, 2024 | 4:29 pm
Shares of Anglo American and Antofagasta rally after UBS upgrade Anglo American shares surged 7.8% in London after UBS upgraded its rating from neutral to buy. Staff Writer | December 1, 2023 | 9:17 am
Copper price climbs to three-month high on Panama mine risk, shortfall The metal rose as much as 1.2% on Friday, tracking a rally in European and Chinese stock markets. Bloomberg News | December 1, 2023 | 8:40 am
Copper miners, Chinese smelters agree on first drop in fees in 3 years Miners on Friday reached agreements with Chinese smelters for a lower copper concentrate treatment and refining charges for 2024. Reuters | December 1, 2023 | 7:38 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
Brazil’s Braskem sued over sinking ground from Alagoas mines The company's rock salt mining activities led to soil subsidence that forced the interdiction of several neighborhoods in Maceio. Reuters | November 30, 2023 | 2:36 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