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First Quantum Navigates $500 Million Deal Amid Panama Challenges First Quantum Navigates $500 Million Deal Amid Panama Challenges

Amid Panama woes, First Quantum has announced a $500 million deal that underscores the strategic importance of copper amidst widespread supply challenges. The company stated, "Constructive discussions with our lenders for an amendment and extension of our...

Outrage as Panama Government Halts First Quantum’s Copper Operations

It's official - the Panama government has thrown a wrench into the gears of progress by ordering First Quantum to cease all copper operations. The Supreme Court of Panama's ruling last month declared the company's contract to operate the mine unconstitutional, following widespread...

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 Congress Committee Approves Mine Referendum: What Investors Need to Know

Last week, the Panama Congress committee made a significant decision, signing it into law and bringing an end to years of legal uncertainty. This decision, however, has sparked a series of violent protests in Panama City, the capital. As a result of the uncertainty...