December 1, 2023

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.

November 30, 2023

Codelco’s chief commercial officer resigns

Carlos Alvarado will be replaced by Cristobal Fuenzalida a current marketing manager at Codelco.

November 30, 2023

Panama trade minister resigns after mining contract backlash

Jorge Rivera has been named the replacement.

November 30, 2023

Five charged with 11 million euro metal theft from Aurubis

The five people had been charged in connection with the theft of about 5,000 kilograms of materials containing precious metals.

November 30, 2023

Panama mine shutdown threatens copper’s surplus

The expectation for a looser market in the near term has been reflected in copper prices.

November 30, 2023

First Quantum risks covenant breach, cost cuts if Panama shuts copper mine

The company is facing an estimated $625 million in debt maturities next year and another $1.8 billion in 2025.

November 30, 2023

Sandfire Resources apologizes for Aboriginal heritage damage

The Western Australia copper miner is facing public outrage for not coming clean earlier about destroying artefacts more than five years ago.

November 29, 2023

Panama copper miners take to the streets in backlash to shutdown

“This is a source of income for more than 40,000 households, and we don’t have a response as to what is going to happen to us,” union leader Michael Camacho…

November 29, 2023

Industry groups aim to deliver unified global standard for responsible mining

The ICMM is working with The Copper Mark, Mining Association of Canada and the World Gold Council towards consolidating their individual voluntary responsible mining standards.

November 29, 2023

Panama orders First Quantum’s copper mine closure

President Laurentino Cortizo said "the orderly and safe closure of the mine" would begin as soon as top court ruling became official.