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…
First Quantum Minerals
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…
First Quantum posts disappointing Q3, revises guidance on Kansanshi struggles
First Quantum Minerals (TSX: FM) has reported considerably lower third-quarter financial results, citing margin compression because of a declining copper price, cost inflation, and challenged performance from its Kansanshi copper…
Foran’s ambitious net zero plans for McIlvenna Bay attract investors
Vancouver-based Foran Mining’s (TSXV: FOM) executive chairman and CEO Dan Myerson doesn’t want to build just one mine. He has designs on creating Canada’s next copper mining camp in the…
Tertiary, First Quantum Minerals team up to boost Zambian exploration
Shares in Tertiary Minerals (LSE: TYM) jumped on Thursday after the junior said it had inked a technical cooperation agreement with First Quantum Minerals (TSX: FM), which would “turbo-charge” its…
Copper deficit a critical destabilizing threat to international security, says S&P Global
Copper scarcity may emerge as a key destabilizing threat to international security in the 21st Century an analysis by S&P Global found this week. “Projected annual shortfalls will place unprecedented…
Political changes boost risk for miners in Latin America
Demands for higher revenues from companies, tougher environmental rules and changes to laws have deepened risks across Latin America, index shows.