First Quantum risks covenant breach, cost cuts if Panama shuts copper mineThe 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
Panama copper miners take to the streets in backlash to shutdown“This is a source of income for more than 40,000…Bloomberg News | November 29, 2023 | 4:54 pm
Dwindling copper supply from Panama and Peru could wipe out global surplus in 2024If the Cobre Panama mine was to be permanently shut,…Reuters | November 28, 2023 | 10:15 am
Transparency International denounces lack of clarity in Cobre Panamá’s negotiations “The case of Minera Panamá is a clear example of the lack of transparency displayed by several administrations, including the current one,” TI said in a media statement. Valentina Ruiz Leotaud | December 18, 2022 | 11:50 am
Panama leaves door open to eleventh-hour deal for giant mine A shock announcement by Panama to intervene in a privately run copper mine may not be as definitive as first thought. Bloomberg News | December 17, 2022 | 7:32 pm
Panama to shut down First Quantum’s giant copper mine Moves comes after the Canadian miner missed a deadline to finalize a deal that would have increased payments to the government from the mine. Cecilia Jamasmie | December 16, 2022 | 3:41 am
Trafigura to pilot sustainable supply chain finance program for Mexican miners The company is piloting a sustainable supply chain finance program with eFactor Network for mining companies in Mexico. Staff Writer | December 14, 2022 | 8:47 am
Global miners’ ESG strategies show ‘concerning’ lack of focus on gender A report by Stratum and Digbee shows that gender is considered the “least important” social priority for mining companies over the next two years. Staff Writer | December 13, 2022 | 6:50 am
Rio Tinto hunts for lithium deals, eyes Jadar revival Lithium prices, expected to stay at record highs, have the world’s second-biggest miner actively looking for lithium acquisitions. Cecilia Jamasmie | December 13, 2022 | 6:38 am
Panama’s Chamber of Commerce worried about government negotiations with First Quantum Minerals Panama’s Chamber of Commerce expressed concern over the “erratic turn” the negotiations between the government and First Quantum Mineral have taken. Valentina Ruiz Leotaud | December 11, 2022 | 1:37 pm
Endeavour Silver announces 600moz indicated resource for newly acquired Pitarrilla project Endeavour acquired the Pitarrilla project from SSR Mining in July 2022 for total consideration of $70 million and a 1.25% net smelter returns royalty. Staff Writer | December 9, 2022 | 9:15 am
Argonaut Gold to sell Ana Paula project for $30 million to Heliostar The companies also entered into an option agreement for Heliostar to acquire 100% of the San Antonio gold project, also in Mexico. Staff Writer | December 6, 2022 | 8:51 am