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Panama Court Slams First Quantum’s Unconstitutional Contract

The echoes from the court’s ruling shook the ground as it shattered the fragile peace that lingered over First Quantum's Cobre Panama mine. The court’s marathon deliberations, stretching from Friday through the weekend with a dramatic 12-hour break concluded with a late-night...

First Quantum Soars as Panama Maintains Mining Agreement

Following a decision by Panama's National Assembly to preserve First Quantum's mining contract, shares of the Canadian copper producer surged by over 12% in early morning trading in Toronto. The stock price has now recovered half of its value from a week ago,...

Panama Congress Decides the Future of First Quantum’s Contract

After months of negotiations, Panama signed a multi-billion dollar deal with mining company First Quantum in October, granting them operational rights to the Cobre Panama copper mine for the next two decades. This landmark decision brought an end to years of legal uncertainty...

Panama’s Controversial Contract: First Quantum Faces Key Decision in Referendum

Last week, Panama signed a law that granted First Quantum a 20-year contract to operate the Cobre PanamΓ‘ copper mine, putting an end to years of legal uncertainty. However, this decision has sparked outrage among locals, with protests erupting throughout the capital city...