Panama Mining News and Commentary

Panama Orders Halt to New Mining Projects as Street Protests …

(Reuters) -Panama will reject all new mining projects, the president said on Friday, as his government defends a controversial contract extending operations for two …

Panama Mining Protest | World News | postregister

Panama Mining Protest. A demonstrator enveloped in a cloud of tear gas throws missiles at the police during a protest outside the National Assembly against a mining contract between First Quantum ...

Panama protests to protect ecosystems and canal against …

PANAMA CITY — Panama has been gripped by mass protests against a government deal with Central America's largest copper mine amid claims it saces …

Panama's Assembly looks to revoke contract for Canadian mining …

PANAMA CITY (AP) — Facing a second week of impassioned, nationwide protests, Panama's National Assembly has nearly passed a new law revoking a controversial mining contract in an environmentally vulnerable part of country. The bill passed a second debate late on Wednesday and now faces a final vote Thursday in …

Mining 2023

In July 2021, the government of Panama made public its intention to start a negotiation process with Minera Panama, S.A. in order to regulate the mining concession. Negotiations started in early September 2021. News …

Protesters march in Panama against the contract extension for a …

PANAMA CITY (AP) — Protesters blocked streets across Panama on Monday, demanding the government rescind a contract to continue copper mining in a …

China's Jiangxi Copper boosts First Quantum stake after stock rout

The mine, which accounts for approximately 5 per cent of the Panama's GDP and supports more than 49,000 direct and indirect jobs, is the country's second-largest revenue source after the Panama Canal.

Panama president signs into law a moratorium on new mining …

The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, …

Panama Mining Protest | World News | postregister

0. Women hold candles during a vigil at a protest against a recently approved mining contract between the government and Canadian mining company First Quantum in Panama City, Wednesday, Nov 8 ...

Panama Mining Protest | World News | postregister

Demonstrators clash with the police during a protest against a recently approved mining contract between the government and Canadian mining company First Quantum, in Panama City, Tuesday, Oct. 31 ...

Panama orders halt to new mining projects as street protests grow

REUTERS/Aris Martínez/File Photo Acquire Licensing Rights. Oct 27 (Reuters) - Panama will reject all new mining projects, the president said on Friday, as his government defends a controversial ...

Panama president calls for vote on contentious mining contract

Panama's President Laurentino Cortizo announced on Sunday that he will hold a referendum to determine the fate of a contentious mining contract. Cortizo also …

Panama's Assembly looks to revoke contract for Canadian mining …

Panama's National Assembly has nearly passed a new law revoking a controversial mining contract in an environmentally vulnerable part of country ... The contract would allow 20-40 more years of ...

Panama legislative assembly passes mining moratorium

The National Assembly of Panama passed Bil 1110 on Friday, which indefinitely suspends the granting of exploration and exploitation permits for metallic …

Panama protests to protect ecosystems and canal against pending mining …

Demonstrations are taking place daily in Panama against a new deal with the Cobre Panamá copper mine in Colón province. The protesters argue it gives mine operator First Quantum Minerals too ...

Protesters march in Panama against the contract extension

The Associated Press. PANAMA CITY -- Protesters blocked streets across Panama on Monday, demanding the government rescind a contract to continue copper mining in a biodiverse region. Teaching and ...

Panama says clock is ticking on First Quantum mine deal

With three billion tonnes of reserves, Cobre Panama is one of the largest new copper mines to open globally in the past decade, according to First Quantum. Demand for green metals. First Quantum's struggles in Panama come at a time when governments around the world are eager to earn more revenue from mining operations in their …

Protesters March in Panama Against the Contract Extension for a …

Read More. PANAMA CITY (AP) — Protesters blocked streets across Panama on Monday, demanding the government rescind a contract to continue copper …

Panama Mining Protest | World News | postregister

Panama Mining Protest. Demonstrators throw fire crackers at the police during a protest outside the National Assembly against a mining contract between First Quantum Minerals of Canada and Panama ...

Panama's leader calls for referendum on mining concession

PANAMA CITY -- Protests extended into a second week Monday over a long-term copper mining concession for a Canadian company, as Panama's …

Panama's congress backtracks to preserve controversial …

PANAMA CITY (AP) — An indefinite moratorium on new mining activities passed a second vote in Panama's National Assembly Thursday. One article was …

Panama Mining Protest | World News | postregister

Panama Mining Protest. A man welds a sliding gate close on a shop outside the National Assembly as the teacher´s Union protests against a recently approved mining contract between the government ...

Panama's Assembly looks to revoke contract for Canadian mining …

Panama's government has nearly approved a new bill revoking a controversial mining contract. A Canadian company's local subsidiary had been approved for at least 20 years more mining two weeks

Panama's leader calls for referendum on mining concession

Panama Mining, the local subsidiary, employs more than 9,000 people, and the company says its operations accounted for 4.8% of Panama's gross domestic product in 2021.

Panama Mining Protests | World News | postregister

A homeless man sleeps under graffiti that reads in Spanish "The PRD is useless. No to mining contracts," in Panama City, Friday, Oct. 27, 2023. PRD refers to the ruling

Panama to hold referendum on First Quantum contract, halts new …

Credit: Cobre Panama. Panama will hold a referendum in December to decide the fate of Canada's First Quantum Minerals (TSX: FM) Cobre Panama copper mine, and has also announced a halt on new mining projects as the government tries to calm mass unrest triggered by the deal. After 10 months of negotiations between the parties, …

Miner First Quantum faces rocky road as Panama protesters dig in

Nov 1 (Reuters) - Battered Canadian mining company First Quantum Minerals (FM.TO) is bracing for a rocky road ahead as Panama moves to strike down its contract to operate one of the world's ...

Panama Mining Protest | World News | postregister

Panama Mining Protest. A demonstrator holds a sign that reads in Spanish "Yes to life, no to the mine," during a protest outside the National Assembly against a mining contract between First ...

Panama Mining Protest | World News | postregister

A man holds a candle during a vigil at a protest against a recently approved mining contract between the government and Canadian mining company First Quantum in Panama City, Wednesday, Nov. 8 ...

Panama's congress backtracks to preserve controversial Canadian mining

Demonstrators tear down a police barricade during a protest against a recently approved mining contract between the government and Canadian mining company First Quantum, in Panama City, Tuesday ...

APTOPIX Panama Mining Protest | World News | postregister

A woman holds a candle during a vigil at a protest against a recently approved mining contract between the government and Canadian mining company First Quantum in Panama City, Wednesday, Nov. 8, 2023.

Panama president asks voters to decide on contentious First …

Panama's government and the miner had agreed on a contract which would guarantee the Central American nation an annual income of $375 million while allowing First Quantum's local unit to operate ...

Panama's president gives final approval to major copper mine …

The new contract's terms guarantee a minimum annual income of $375 million to Panama's government, and will be effective for 20 years with the option to renew. First Quantum paid $61 million in ...

Protesters march in Panama against the contract extension for a …

Demonstrators pull down a barricade during a protest against a recently approved mining contract between the government and Canadian mining company First Quantum, outside the National Assembly in Panama City, Monday, Oct. 23, 2023. (AP Photo/Arnulfo Franco) PANAMA CITY (AP) — Protesters blocked streets across …

Panamanian Mining Sector Growth To Outperform In 2021

We believe Panama's Mining sector will be among the quickest growth mining markets in 2021, evidenced by a mining industry value growth rate of 44.6% y-o-y. We expect an increase in average copper prices alongside substantial growth in copper, gold and silver production from Cobre Panama to underpin mining sector growth in the …

Panama Mining Protest | World News | postregister

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