Negotiations over Cobre Panama mine contract near end
Panama’s government said on January 5 that negotiations with the local unit of First Quantum (TSX: FM), aimed at obtaining more in royalty payments from the Canadian miner and improve…
First Quantum Minerals
Exploration Projects to Watch Snapshot: Eight companies on the lookout for new deposits
Mining companies are scouring the globe to find new deposits and future mines. Here’s a list of eight companies hunting for base and precious metals around the world. AURION RESOURCES…
TSX moves higher, Oct. 11-15
The S&P/TSX Composite Index rose 511.8 points or 2.51% to 20,928.10 during the Oct. 11 to Oct. 15 trading week. The S&P/TSX Global Mining Index increased 5.73 points or 6.02%…
RANKED: World’s ten biggest copper mining companies
Following the rampant surge in copper prices earlier this year, competition amongst miners to supply the metal vital to the green energy transition is fierce. Global copper supply is dominated…
Higher metal prices to push exploration budgets up in 2022, says S&P Global
S&P Global Market Intelligence’s pipeline activity index points to mineral exploration budgets increasing by 5% to 10% in 2022, metals and mining analyst William Mason told a recent online conference….
First Quantum’s subsidiary ready to renegotiate Cobre Panama’s concession
First Quantum Minerals’ (TSX: FM) subsidiary Minera Panamá issued a communiqué over the weekend stating that it has not yet met with Panamanian authorities to discuss the renewal of the…
Canada’s Top Ten miners by market cap
Canada is considered one of the world’s premier mining jurisdictions thanks to its refined financial services industry, skilled workforce and robust regulatory environment. The Toronto Stock Exchange is the world’s…
First Quantum sells 30% stake in Ravensthorpe to POSCO for US$240M
First Quantum Minerals (TSX: FM) is selling a 30% stake in its Ravensthorpe nickel operation in Western Australia to South Korean steel giant POSCO for US$240 million. The funds will…
TSX slightly up, April 26-30
The S&P/TSX Composite Index rose 0.03% to 19,108.33 during the April 26-30 trading week. The S&P/TSX Global Mining Index slipped 3.78% to 106.88, and the S&P/TSX Global Base Metals Index…
TSX posts modest dip, Feb. 15-19
The S&P/TSX Composite Index fell 75.93 points (0.41%) to finish the Feb. 15-19 trading week at 18,384.27. The Global Base Metals Index rose 10.2% to 169.75 and the Global Mining…
Political turmoil in Peru could slow major infrastructure works
The sudden removal of a popular president amidst the coronavirus pandemic plunged Peru into chaos last month. On Nov. 9, Peru’s single-chamber Congress voted to impeach President Martín Vizcarra amid…
Troilus buys back royalty from First Quantum
Troilus Gold (TSX: TLG; US-OTC: SKREF) has entered into a definitive agreement to buy back a sliding 2.5% net smelter royalty (NSR) on 81 mineral claims and one mining lease (the…