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.
November 29, 2023 Dundee Precious extends Chelopech mine life in Bulgaria to 2032 The mine is expected to remain in production to 2032.
November 29, 2023 Exxaro widens critical metals search to greenfield assets The South African coal miner plans to acquire manganese and copper assets.
November 29, 2023 Ivanhoe Electric JV kicks off Saudi exploration campaign The joint venture has exclusive access to approximately 48,500 square kilometres of land on the Arabian Shield.
November 29, 2023 Panama to shut down First Quantum mine after ruling, President says Authorities will start “the transition process for the orderly and safe closure of the mine,” Laurentino Cortizo said in a post on X.
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