November 30, 2023

Brazil’s Braskem sued over sinking ground from Alagoas mines

The company's rock salt mining activities led to soil subsidence that forced the interdiction of several neighborhoods in Maceio.

November 30, 2023

Panama mine shutdown threatens copper’s surplus

The expectation for a looser market in the near term has been reflected in copper prices.

November 30, 2023

First Quantum risks covenant breach, cost cuts if Panama shuts copper mine

The company is facing an estimated $625 million in debt maturities next year and another $1.8 billion in 2025.

November 29, 2023

Panama copper miners take to the streets in backlash to shutdown

“This is a source of income for more than 40,000 households, and we don’t have a response as to what is going to happen to us,” union leader Michael Camacho…

November 29, 2023

Panama orders First Quantum’s copper mine closure

President Laurentino Cortizo said "the orderly and safe closure of the mine" would begin as soon as top court ruling became official.

November 29, 2023

Brazil authorities expect Mariana dam disaster deal to close in December

According to the newspaper O Tempo, the compensation is expected to exceed that of the Brumadinho disaster, for which Vale paid $7.72 billion.

November 29, 2023

Panama to shut down First Quantum mine after ruling, President says

Authorities will start “the transition process for the orderly and safe closure of the mine,” Laurentino Cortizo said in a post on X.

November 29, 2023

Electric car makers can stop worrying so much about lithium

Lithium’s price slump over the past year has been as dramatic as its climb — and it’s probably not finished yet.

November 28, 2023

Strike at Las Bambas mine to end on Thursday

The announcement comes after a government labor entity said the strike was improper.

November 28, 2023

Dwindling copper supply from Panama and Peru could wipe out global surplus in 2024

If the Cobre Panama mine was to be permanently shut, then the market could easily move into deficit in 2024, a Macquarie analyst said.