Negotiations over major copper mine contract kick off in Panama

Mining News Pro - Panama's government launched contract talks on Wednesday with the local unit of Canada's First Quantum in a bid to get the Canadian miner to pay more in royalty payments and improve environmental conditions at its flagship copper mine.

Cobre Panama making good progress

Mining News Pro - The Cobre Panama copper and gold mine – one of Panama’s biggest ever investments – is making good progress following last year’s Covid-19-related production interruptions, Canadian miner First Quantum reported on Tuesday.

Panama miners push for restart of First Quantum copper operation

Mining News Pro - Panama’s chamber of mines (Camipa) is urging the government to allow First Quantum Minerals (TSX: FM) to resume operations at its Cobre Panamá mine, one of the few large copper operations to have come online over the past two years.

First Quantum halts Cobre Panama over covid-19 death

Mining News Pro - First Quantum Minerals announced Tuesday that the company has received an order from the Ministry of Health of the Republic of Panama (MINSA) to temporarily suspend labour activities at its Panamanian subsidiary as a sanitary control measure due to covid-19.

First Quantum eyes Cobre Panama stake sale

Mining News Pro - Miner First Quantum Minerals is considering selling a minority stake in its flagship Cobre Panama copper mine to reduce debt, two banking sources familiar with the discussions said.

Cobre Panama makes initial 25-t for First Quantum

Mining News Pro - First Quantum Minerals of Vancouver has offered an update on progress at the Cobre Panama copper mine as it made 25 tonnes of copper during the first quarter of this year. The project is on track to deliver between 140,000 and 175,000 tonnes in 2019. About 80% of total output will occur in the second half of the year as the mill ramps up to its annual capacity of 72 million tonnes by the end of this year.

First Quantum runs into legal snag at Cobre Panama

Mining News Pro - Cobre Panama is the largest development ever undertaken by a private firm in Panama. (Image: First Quantum)

First Quantum boosts Minera Panama stake to 90%

Mining News Agency - Canadian miner First Quantum Minerals Ltd said on Thursday it would boost its stake in unit Minera Panama SA to 90 percent in a deal valued at $635 million to increase its copper mining operations.

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