First Quantum takes Panama to international court
It is also suspending its 2023 production guidance for Cobre Panama mine, which accounts for about 1.5% of the world’s copper production.
Mexico and Central America
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…
Panama’s top court deems First Quantum contract unconstitutional
Panama’s Supreme Court ruled on Tuesday that First Quantum Minerals’ (TSX: FM) contract to operate the giant Cobre Panama copper mine, the only mining operation in the Central American country, is…
Nearly one-third of tailings dams close to protected areas – study
Nearly a third of the world’s mine tailings are stored within or near protected conservation areas, posing risks to some of the earth’s most precious species and landscapes. A recent…
Heliostar Metals stock rises on updated Ana Paula gold resource
Heliostar Metals‘ (TSXV: HSTR; US-OTC: HSTXF) stock surged on Monday after the junior posted an updated resource estimate for its Ana Paula project in Guerrero, Mexico, acquired from Argonaut Gold…
Panama court to rule on First Quantum mine’s fate
Panama’s Supreme Court began deliberations on Friday to decide the future of First Quantum Minerals’ (TSX: FM) giant Cobre Panama copper operation, the Central American country’s only mine. The top…
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…
Leonardo DiCaprio backs Panama protests against First Quantum mine
Hollywood actor Leonardo DiCaprio has joined the demands of Panamanian activists asking for the shutdown of First Quantum Mineral’s Cobre Panamá copper mine.
National security-driven policy decisions to recast critical minerals space in 2024
While governments around the world are beginning to understand the strategic importance of critical minerals, miners may struggle in 2024 to position themselves to benefit as states battle for control…
Lower silver output in Peru, Mexico to drag down global production
Global mined silver production will fall 2% in 2023 to 820 million ounces from 2022 totals due to lower output from operations in top producing countries Mexico and Peru, The…
Torex Gold gets final environmental OK for Media Luna project
Torex Gold Resources (TSX: TXG) has passed the final environmental hurdle to take its Media Luna gold project towards commercial production, expected sometime late in 2024. Construction at the project,…
Broken contract? Know your rights
Access to mineral resources is essential for a modern and sustainable economy. Recent global commitments to climate change and achieving a net zero carbon emission environment have created a rush…