December 22, 2023

First Quantum says Panama hasn’t given legal basis to close mine

The plan will include a temporary phase of "environmental preservation and safe management," the company said.

December 20, 2023

First Quantum committed to Panama amid mine dispute, CEO says

First Quantum received an initial “framework” from Panamanian authorities on Tuesday for closing the mine by June 2024.

December 19, 2023

PanAm Silver’s La Colorado Skarn project is large but manageable, BMO says

The project in central Mexico’s Zacatecas state has an after-tax net present value of C$1.09 billion at an 8% discount rate with an after-tax internal rate of return of 14%.

December 18, 2023

Panama rejects Orla Mining’s request for permit extension

The Canadian miner said Panama also declared the concessions were in a reserve area, cancelling them altogether.

December 17, 2023

Thousands of Cobre Panamá workers join First Quantum’s voluntary retirement scheme

Close to 2,500 workers joined Minera Panamá’s special voluntary retirement scheme following the order received by parent company First Quantum Minerals to end mining operations at the Cobre Panamá copper…

December 15, 2023

Panama starts process for First Quantum’s mine ‘definitive’ closure

The roadmap for the mine's closure will be presented to the country in the coming days.

December 12, 2023

Vale mulls briquette plants in Gulf of Mexico, Middle East

The company opened a new plant in Espirito Santo state, Brazil, with production capacity of 2 million metric tons per year.

December 10, 2023

First Quantum requests end of blockades to Cobre Panamá copper mine

Ongoing blockades have prevented the miner from receiving the supplies necessary to fulfill Cobre Panamá’s environmental stability and asset integrity measures.

December 8, 2023

Panama government orders First Quantum to end copper operations

Cobre Panama has requested government authorization to lay off more than 4,000 of its employees.

December 4, 2023

Ex-FBI leader advises Fenix mine in Guatemala after US drops sanctions

Louis Freeh, who ran the bureau from 1993 to mid-2001, is leading Alix Partners in advising Swiss company Solway on revamping governance at the Fenix complex.