TORONTO (Reuters) -Shares of Canadian miner First Quantum Minerals jumped 6% on the Toronto Stock Exchange (TSX) in early trading on Monday, following news that Panama would conduct an environmental audit of the Cobre Panama mine to decide whether it can safely be reopened. At the end of Tuesday's trading day First Quantum closed up by 5% at C$18.82 at the TSX. President Jose Raul Mulino officially took charge of the Panama government on Monday and made the announcement of an environmental audit in his first address as the head of the government.
TORONTO/PANAMA CITY (Reuters) -Canadian miner First Quantum Minerals will launch formal arbitration proceedings against Panama in July over the country's decision to close the giant Cobre Panama mine in November, two people familiar with the matter told Reuters. The move coincides with the start of a new administration in the Central American country that could determine the future of one of the world's newest and biggest copper mines that had been responsible for 1% of global output prior to being shuttered. Shares of First Quantum closed down 8% at C$17.86 on the Toronto Stock Exchange on Friday.
(In United States dollars, except where noted otherwise) TORONTO, May 29, 2024 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX: FM) has published its sustainability reports for 2023. The Environment, Social and Governance (“ESG”) Report is the Company’s primary sustainability report, setting out its sustainability performance. The Company has also published its Task Force on Climate-related Financial Discloses aligned Climate Change Report and Tax Transpar