Panama to hold referendum on First Quantum contract, halts new projects

President Laurentino Cortizo said locals will decide on Dec. 17 whether to revoke the controversial 20-year contract.

Cecilia Jamasmie | October 30, 2023 | 3:45 am

Panamanian protesters break into international port used by First Quantum Minerals

As protests continue against First Quantum’s Cobre Panamá operation, the Canadian miner asks authorities to protect its workers and facilities.

Valentina Ruiz Leotaud | October 29, 2023 | 12:23 pm

Panama’s top court considers lawsuit over First Quantum deal

The court said in a statement that it will issue an opinion on the lawsuit within 10 business days.

Bloomberg News | October 26, 2023 | 11:04 am

Protests continue in Panama against First Quantum’s 20-year deal on Cobre Panama

Since Monday, protests against the contract have led to clashes between protesters and the police and the closure of major roads.

Staff Writer | October 25, 2023 | 9:55 am

Grupo Mexico posts boost in Q3 profit amid strong sales

Revenue for the major global copper producer during the July-to-September period rose 17%.

Reuters | October 24, 2023 | 2:30 pm

First Quantum’s 20-year deal on Cobre Panama is now official

The new contract guarantees a minimum annual income of $375 million to the government and will be effective for 20 years.

Staff Writer | October 23, 2023 | 11:22 am

Vulcan’s Mexico mine to be decreed nature reserve if talks fail, president says

The president has long accused Vulcan, which extracts limestone in southern Mexico, of environmental damage.

Reuters | October 20, 2023 | 12:24 pm

Panama’s president gives final approval to First Quantum copper mine contract

The bill was approved in a third and final brief debate with 44 votes in favor, five against, and two abstentions.

Reuters | October 20, 2023 | 9:21 am

Grupo Mexico being pushed to resume cleanup of 2014 mine spill

Agroup of activists, miners, academics and residents are scheduled to attempt to block roads to push Larrea’s Grupo Mexico to do more more to repair damage from one of the country’s worst ecological disasters.

Bloomberg News | October 19, 2023 | 4:33 pm

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