Previous close | 12.31 |
Open | 12.42 |
Bid | 12.50 x 0 |
Ask | 12.68 x 0 |
Day's range | 12.42 - 12.42 |
52-week range | 6.53 - 26.71 |
Volume | |
Avg. volume | 9 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Canadian miner First Quantum Minerals, which lost the right to operate its copper mine in Panama last year following protests by environmental groups and a court ruling deeming its contract void, is seeking to speed its copper projects in Peru, a company executive said on Wednesday. One of the three largest global copper producers, First Quantum in Peru controls the La Granja project, worth at least $2.5 billion, and the $1.86 billion Haquira project. "These are projects that need to be accelerated," said the mining company's project development director, Steven Lewis, during a speech at a mining forum in Lima.
Panama's president-elect has ruled out talks with Canadian miner First Quantum Minerals until it drops multiple arbitration proceedings it has launched seeking billions of dollars in compensation from the government over a mine shutdown order. President-elect Jose Raul Mulino spoke about his plans for the major copper mine, once responsible for some 5% of Panama's economic activity and some 40% of First Quantum's revenue, in an interview with local news radio program Panama en Directo on Thursday.
PANAMA CITY (Reuters) -Panama's president-elect has ruled out talks with Canadian miner First Quantum Minerals until it drops multiple arbitration proceedings it has launched seeking billions of dollars in compensation from the government over a mine shutdown order. President-elect Jose Raul Mulino spoke about his plans for the major copper mine, once responsible for some 5% of Panama's economic activity and some 40% of First Quantum's revenue, in an interview with local news radio program Panama en Directo on Thursday. "To consider talking about mining, those arbitrations need to be suspended," Mulino said, stressing the government's preeminent role in any mining project that operates in Panama's territory.