First Quantum to sell Spanish mine for $190M
First Quantum Minerals (TSX: FM) agreed to sell the past-producing Cobre Las Cruces copper mine in Spain to an investment fund for up to $190 million (C$260 million) to free…
First Quantum Minerals Ltd.
Panama’s president blames previous gov’t for First Quantum mine crisis
Panama’s President José Raúl Mulino has strongly condemned the previous government for its mismanagement of the crisis surrounding First Quantum Minerals’ (TSX: FM) US$6.5-billion Cobre Panama copper mine. The operation,…
Confusion and consternation on critical minerals
What started out as optimism two years ago when the federal government turned its eye to critical minerals, introducing a strategy, incentives and funding, and pledging faster permitting for mines,…
First Quantum starts up Zambia nickel mine, enters standstill deal with Jiangxi
First Quantum Minerals (TSX: FM) has begun commercial production at its Enterprise mine, set to become Africa’s biggest nickel operation, helping Zambia get closer to its goal of turning into…
Get ready for more disputes about what’s ‘mine’ and theirs
Eleven years ago, The Northern Miner ran a story titled “How Mexico reclaimed its mantle as a top mining nation.” The piece recounted how the nation opened up investment and…
First Quantum warns of dangers of long-term concentrate storage at Cobre Panama
First Quantum Minerals (TSX: FM) subsidiary in Panama is warning of the dangers posed by the long-term storage of copper concentrate at the disputed Cobre Panamá mine. According to the…
First Quantum exercises option over two licences as it looks to expand in Zambia
First Quantum Minerals (TSX: FM), which is reeling from the forced closure of its flagship copper mine in Panama, has exercised its option over two licences in the Central Africa Copperbelt,…
Barrick denies meeting First Quantum in Panama
Barrick Gold (TSX: ABX; NYSE: GOLD) has refuted a report from a Canadian newspaper saying that one of the gold miner’s executives had met with First Quantum Minerals (TSX: FM)…
Why prices will soon catch up with the commodity supply crunch
Today we’re unpacking the poorly understood world of commodity inventories. We’ll look at the critical role they play in maintaining market stability and why it could come unstuck in the…
First Quantum to fast-track Zambia project after Panama blow
Canada’s First Quantum Minerals (TSX: FM) has signed a deal with Zambia’s Mimosa Resources to fast-track development of their Fishtie copper project in the south-central African country, near the border with the…
Panama orders First Quantum’s copper mine closure
Panama has asked First Quantum Minerals (TSX: FM) to halt its Cobre Panama copper mine following a Supreme Court ruling that declared the operation’s mining contract unconstitutional. President Laurentino Cortizo…
First Quantum to halt Panama mine this week if blockade goes on
First Quantum Minerals (TSX: FM) warned on Monday it would have to suspend operations at its controversial Cobre Panama copper mine, if an ongoing port blockade continues to impede the…