December 27, 2022

First Quantum says no disruption to Panama ops amid dispute

The Panamanian government and the mining firm have been discussing a deal that would have increased annual tax payments to Panama to at least $375 million.

December 27, 2022

Copper price hits 2-week high as China further eases covid curbs

China will stop requiring inbound travelers to go into quarantine starting from Jan. 8.

December 26, 2022

First Quantum CEO holds talks with Panama minister – source

First Quantum CEO Tristan Pascall flew to Panama over Christmas to attend the meeting in person with the minister, Federico Alfaro, Reuters sources say.

December 26, 2022

Chilean company develops AI-powered technology to detect failures in large-tonnage mobile mining equipment

Developed by Fukay Data, Vitech is a software aimed at providing early detection of failures in large-tonnage mobile mining equipment.

December 26, 2022

Copper price rises on weaker dollar, demand hopes

The People's Bank of China on Saturday called for the strengthening of real estate policy in light of sluggish economic growth over the past several years.

December 26, 2022

First Quantum starts arbitration against Panama, says government

The company accounts for roughly 3.5% of Panama's gross domestic product.

December 23, 2022

Ecuador says mining could become third-biggest export by 2025

Despite its abundant mineral reserves, Ecuador has lagged behind other Andean countries such as Peru and Chile in developing large-scale mining.

December 23, 2022

Codelco launches austerity plan after lower production forecasts

The state-owned miner cut its 2022/23 production goal in October, amid lower prices and poorer ore grades.

December 23, 2022

Panama aims for ‘fair’ deal with First Quantum

The Cobre Panama mine is considered the largest private investment in the Central American country.

December 23, 2022

Rio Tinto venture makes strategic investment in Regulus Resources

The Rio Tinto investment follows a $5 million investment by Osisko Gold Royalties in mid-October.