Panama has been 'highly patient,' says minister, as clock ticks on new deal with Canadian miner

Canada News News

Panama has been 'highly patient,' says minister, as clock ticks on new deal with Canadian miner
Canada Latest News,Canada Headlines
  • 📰 nationalpost
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 80%

First Quantum Minerals might not be as close to resolving its differences with the Panamanian government as it suggested. Find out more

Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300A welcome email is on its way. If you don't see it, please check your junk folder.

The mine continues to operate, although First Quantum, in accordance with the government’s order, is in the process of submitting a plan to put the mine under care and maintenance. The minister added that the new contract will include stricter regulations on environmental, legal and labour issues that are “more in line” with other resource-rich nations.Article content

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

nationalpost /  🏆 10. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Clock not yet ticking for First Quantum to halt Panama mine - MinisterClock not yet ticking for First Quantum to halt Panama mine - MinisterThe 10-day limit set by Panama's government last month for Canadian miner First Quantum to offer a plan to shut down its copper mine amid a contentious contract dispute has not yet started, the country's Commerce Minister said on Wednesday. The order to pause operations at the massive Cobre Panama mine stems from a dispute that started in late 2021, after a Supreme Court ruling declared unconstitutional the law under which the contract was signed. The government on Tuesday called the contract invalid, whereas First Quantum asserts the contract remains valid.
Read more »

Panama says First Quantum operating without contract in latest snag to Cobre mine talksPanama says First Quantum operating without contract in latest snag to Cobre mine talksPanama says First Quantum Minerals has been operating without a contract since 2017, the latest sally in talks over a copper mine. Read on
Read more »

Deanna Stellato-Dudek aiming for first Canadian figure skating, at age 39Deanna Stellato-Dudek aiming for first Canadian figure skating, at age 39The story of how Stellato\u002DDudek is even competing at the national championships reads like a Hollywood movie script.
Read more »

Stellato-Dudek aiming for first Canadian figure skating title, at age 39Stellato-Dudek aiming for first Canadian figure skating title, at age 39Deanna Stellato-Dudek, 39, battling viral infection as she chases first Canadian figure skating title
Read more »

Panama slams First Quantum for allegedly misrepresenting ‘the reality of the situation,’ as tax talks turn hostilePanama slams First Quantum for allegedly misrepresenting ‘the reality of the situation,’ as tax talks turn hostileFirst Quantum’s CEO suggested in comments earlier this week that significant progress had been made in resolving the dispute
Read more »

Canadian travellers warned of delays to U.S. flights after computer breakdown at FAACanadian travellers warned of delays to U.S. flights after computer breakdown at FAAAirports in Toronto and Montreal told U.S.\u002Dbound passengers Wednesday morning to check their flight’s status before arriving at the airport
Read more »



Render Time: 2025-02-27 01:38:55