March 6, 2024

SolGold soars on $3.2bn investment, largest in Ecuador history

Committed funds add to a previous $311 million the company vowed to invest in its Cascabel copper-gold project.

March 5, 2024

Chinese money can’t be solution for cash-strapped Canadian miners, minister says

Chinese investors will all have to go through a national security review, Natural Resources Minister Jonathan Wilkinson said Tuesday.

March 5, 2024

Indonesia aims to finish mining output quotas approval by end-March

The approval process for the quotas has been delayed this year, raising concerns from nickel smelters who are facing depleting ore stock.

March 5, 2024

First Quantum expects to ship trapped Panama copper within weeks

Unleashing the stockpile of semi-processed metal could generate between $200 million and $300 million based on today’s copper prices.

March 5, 2024

Future of First Quantum mine is for the people of Panama to decide, US official says

Panama holds presidential elections in May, and the future of Cobre Panama mine has emerged as a flash point among opponents and supporters of the mine.

March 5, 2024

Ecuador government inks investment agreements with Adventus, Atico

Ecuador will invest $100 million in the Condor project and $157 million in the La Plata project.

March 5, 2024

First Quantum opens Panama mine for public visits in restart bid

The miner also expects to secure authorization to sell more than 120,000 metric tons of copper concentrate stored near a port.

March 5, 2024

China’s copper processing fees could recover from 2nd quarter, analysts say

The falling charges have threatened to cut output in the world's top producer of refined copper.

March 4, 2024

First Quantum touts interest in its Zambia copper operations

The company has been under pressure to strengthen its balance sheet and raise cash after its flagship copper mine in Panama was shuttered.

March 4, 2024

Panama GDP growth expected to slow in 2024 on First Quantum mine closure, IMF says

The closure of the Cobre Panama mine entails the permanent loss of approximately 0.6% of GDP in fiscal revenues and 7.5% of exports of goods and services.