Page 60 - First Quantum News Today

In a historic ruling, Panama’s Supreme Court this week declared that legislation granting a Canadian copper mine a 20-year concession was unconstitutional, a decision celebrated by thousands of Panamanians activists who had argued the project would damage a forested coastal area and threaten water supplies. In the unanimous decision Tuesday, the high court highlighted those environmental and human rights concerns, and ruled the contract violated 25 articles of Panama’s constitutio...

By Divya Rajagopal TORONTO (Reuters) - A top official of Canadian miner First Quantum Minerals told a Scotiabank conference on Wednesday it is too ear...

Canadas main stock index touched near two-week lows on Tuesday as financials fell following Bank of Nova Scotias profit miss, while First Quantum Minerals slumped after a Panama court ruled its...

First Quantum Minerals (TSX:FM) contract to operate a copper mine in Panama was deemed unconstitutional by the country’s Supreme Court following weeks of...

The ruling could potentially put First Quantum on a long road to an international arbitration, about which the company has already notified the Panamanian government

Panama City, Nov 28 (Prensa Latina) In a unanimous decision, the Supreme Court of Justice plenary decreed unconstitutional Law 406, which establishes the contract between the State and the company Minera Panama.

Dispute over open-pit mine led to some of Panama’s most widespread protests in recent years

PANAMA CITY (Reuters) -Canadian miner First Quantum hopes to avoid arbitration with Panama's government over a major copper mine by instead resolving disagreements during a 90-day period for talks between both sides, the company said in a statement late on Monday. First Quantum issued a legal notification of intent to start arbitration proceedings with the Central American country under an existing trade pact between Panama and Canada, Panama's government announced on Sunday. The cou...

PANAMA CITY (AP) — Panama’s Supreme Court on Tuesday unanimously declared unconstitutional a 20-year concession for a Canadian copper mine that had sparked weeks of protests by environmentalists and others who argued it would damage a forested coastal area and threaten water supplies.

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