Panama to hold referendum on First Quantum contract, halts new projects
Panama will hold a referendum in December to decide the fate of Canada’s First Quantum Minerals (TSX: FM) Cobre Panama copper mine, and has also announced a halt on new…
First Quantum Minerals
First Quantum’s 20-year deal on Cobre Panama is now official
First Quantum Minerals (TSX: FM) says the law governing the mining concession for its Cobre Panama copper mine was passed and published in the Official Gazette of Panama on Oct….
First Quantum’s Panama contract issues are minor: BMO
More contract negotiations between Panama’s government and First Quantum Minerals (TSX: FM) won’t impact operations at the giant Cobre Panama copper mine and should be resolved rapidly, an analyst says….
Hudbay Minerals closes second quarter with $14.9 million loss
Hudbay Minerals (TSX: HBM; NYSE: HBM) reported a net loss of $14.9 million in the second quarter of the year as the Canadian company allocated resources to the acquisition of…
JV Article: Denarius Metals develops high-grade projects in Spain and Colombia
Mine builder Serafino Iacono has made his mark in Colombia. At his former company, Gran Colombia Gold, he took the troubled Segovia gold project, which was in liquidation in 2010,…
TSX closes higher during June 12-16 trading week
Over the June 12-16 trading period, the S&P/ TSX Composite Index inched 83.31 points or 0.42% higher, to 19,975.37. The S&P/TSX Global Mining Index gained 2.26 points or 2.1% to…
Industry mourns the loss of industry giant Stuart ‘Tookie’ Angus
Sympathies continue to pour in following the passing last week of industry veteran Stuart ‘Tookie’ Angus. Angus was a prominent figure on Vancouver’s Howe Street for over four decades, working…
First Quantum, government reach deal on Cobre Panama
First Quantum Minerals’ (TSX: FM) shares rose Wednesday after the company said its local unit Minera Panama inked a draft concession contract with the Panamanian government for the Cobre Panama…
Talks with First Quantum making headway, Panama says
Panama’s government said negotiations with First Quantum Minerals (TSX: FM) about agreeing on a contract for the company’s Cobre Panama copper complex have shown signs of progress this week. Comments…
First Quantum takes misleading stance, Panama says
The government of Panama expressed its discontent on Wednesday with the latest investor update given by First Quantum Minerals (TSX: FM) about the Cobre Panama contract negotiations, saying it contained…
World to face 8-million tonne copper deficit by 2032, Codelco warns
Codelco, the world’s biggest copper producer, warned on Thursday that global shortages of the metal may reach 8 million tonnes by 2032, as soaring demand continues to offset the number…
Canadian markets close lower over Oct. 31 to Nov. 4 trading week
The Oct. 31 to Nov. 4 trading week saw the S&P/TSX Composite Index close 21.4 points or 0.1% lower, at 19,449.81. The S&P/TSX Global Mining Index lost 4.3 points or…