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.
Latest Stories
Saudi Arabia studies graphite, rare earths trading platform – minister
The Kingdom has been studying setting up the trading platform for the past three months and it does not expect a decision to be made before the next six.
Next-gen LEDs may substitute platinum, iridium with birch leaves
By pressure-cooking birch leaves, researchers produced nanosized carbon dots that can be used in organic LEDs for super-thin TV and mobile phone screens.
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.
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 told reporters.
Lithium price slump has room to run as bearish bets mount in Guangzhou
Prices on the Guangzhou Futures Exchange have more than halved since the bourse debuted lithium trading in July.
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.
Arca Climate Technologies launches pilot project with BHP to capture CO2 from mine waste
Arca is one of the first companies commercializing mineralization for the capture and storage of atmospheric CO2 that is supported by scientific research.
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.
