Panama City - Page 4 of 11 - Shore News Network

Panama minister expects contract with First Quantum will get green light

By Valentine Hilaire (Reuters) -Panama’s trade minister expects the remaining authorities in the Central American nation will approve the text of an agreement reached with Canada’s First Quantum Minerals to regulate its…

March 10, 2023

Panama and Canada’s First Quantum agree details for copper mine contract

By Valentine Hilaire and Milagro Vallecillos PANAMA CITY (Reuters) -Panama’s government and Canada’s First Quantum Minerals agreed on the final text for a contract to operate a key copper mine, according to…

March 8, 2023

Exclusive-First Quantum warns employees that Panama mine may close if dispute is not settled

By Valentine Hilaire (Reuters) – First Quantum Minerals Ltd has warned employees it may have to shutter operations in Panama if the government does not allow its copper exports to resume by…

February 16, 2023

At least 39 migrants die in bus crash off Panama cliff

By Elida Moreno PANAMA CITY (Reuters) – At least 39 have died in Panama after a bus carrying more than 60 migrants fell off a cliff early on Wednesday, the country’s migration…

February 15, 2023

First Quantum suspends copper concentrate loading at Panamanian port

(Reuters) -First Quantum Minerals Ltd said on Monday it has suspended loading operations at a major port in Panama, blocking the Canadian company’s path to export from the Cobre Panama copper mine…

February 6, 2023

Panama won’t allow Canada’s First Quantum to expand its copper mine operations

By Valentine Hilaire MEXICO CITY (Reuters) -Panama will not allow Canada’s First Quantum to expand the area of its existing copper mining operations, the deputy environment minister told Reuters, stressing the government’s…

January 26, 2023

Panama says Canada’s First Quantum operating without contract

By Milagro Vallecillos and Valentine Hilaire PANAMA CITY (Reuters) -Panama’s government on Tuesday doubled down on an order that Canada-based miner First Quantum Minerals halt operations at its local copper mine, saying…

January 10, 2023

Canada’s First Quantum could suspend Panama jobs due to gov’t order to halt operations

By Valentine Hilaire PANAMA CITY (Reuters) -Canada-based miner First Quantum would suspend a “significant amount” of jobs at its operations in Panama if the Central American government forces it to halt operations…

January 8, 2023

Analysis-Panama, First Quantum harden battle lines over key copper mine

By Valentine Hilaire PANAMA CITY (Reuters) -Panama and First Quantum Minerals are hardening battle lines in a dispute over how much tax the Canadian miner should pay on its concession for the…

January 3, 2023

Panama president says final contract to miner First Quantum has been presented

PANAMA CITY (Reuters) – Panama’s president, Laurentino Cortizo, said on Monday the government has presented Canadian miner First Quantum Minerals a final contract to regulate operations. Cortizo, during a speech to the…

January 2, 2023

Panama says it rejects First Quantum’s legal bid to avoid halting operations

By Valentine Hilaire PANAMA CITY (Reuters) – The Panamanian government has rejected Canada-based miner First Quantum’s legal proceedings to avoid halting operations at the Cobre Panama mine, the Commerce and Industry Ministry…

December 30, 2022

Canada’s First Quantum says no disruption to Panama ops amid dispute

PANAMA CITY (Reuters) -Canada’s First Quantum Minerals Ltd said on Wednesday its flagship Cobre Panama copper mine was running as normal and talks have resumed with the Panama government to solve a…

December 28, 2022

Panama, Canada’s First Quantum talks to continue on Wednesday – sources

By Valentine Hilaire PANAMA CITY (Reuters) – Representatives for Panama’s government and Canada’s First Quantum Minerals are set to meet on Wednesday for a third day of talks to solve a dispute…

December 27, 2022

Canada’s First Quantum CEO holds talks with Panama minister: source

By Valentine Hilaire PANAMA CITY (Reuters) -The Chief Executive Officer of Canadian miner First Quantum Minerals met Panama’s commerce and industry minister on Monday to discuss disagreements over the firm’s copper operations…

December 26, 2022

Canadian miner First Quantum starts arbitration against Panama, says government

By Valentine Hilaire PANAMA CITY (Reuters) -Canada-based miner First Quantum Minerals Ltd and its subsidiary Minera Panama started arbitration processes against Panama, the country’s ministry of commerce and industry said on Saturday,…

December 24, 2022

First Quantum mulling all legal options after Panama halts flagship mine

By Valentine Hilaire MEXICO CITY (Reuters) -Canada-based miner First Quantum Minerals said on Friday it is going through “all available legal means” after the Panamanian government ordered it to pause operations at…

December 16, 2022

Panama tells First Quantum to halt flagship mine after talks fail; shares sink

By Elida Moreno and Kylie Madry PANAMA CITY (Reuters) -Panama’s government ordered Canada’s First Quantum Minerals on Thursday to pause operations at its flagship copper mine in the country after missing a…

December 15, 2022

Texas city stops migrant busing as Venezuelans pushed back to Mexico

By Ted Hesson and Paul Ratje Deming, N.M. (Reuters) -The Democrat-led city of El Paso, Texas, is ending a months-long effort to bus migrants to northern cities after a new policy put…

October 21, 2022

Defendant Who Failed To Appear in Court Before 2009 Drug Trial Arrested in Panama and Returned to United States

CHICAGO — A man who failed to appear in federal court in Chicago before his 2009 drug trial has been arrested in Panama and returned to the United States. COSME CHACON, 53,…

October 14, 2022

Democrat-led Texas city steps up migrant busing to New York, outpacing Republican effort

By Ted Hesson, Paul Ratje and Kristina Cooke EL PASO, Texas (Reuters) – The Democrat-led border city of El Paso, Texas, has sent more migrants on buses to New York City and…

October 6, 2022

Less U.S. gas to Asia, Freeport explosion reduce LNG vessel transit through Panama

By Elida Moreno PANAMA CITY – The Panama Canal has seen a 30% fall in the traffic of vessels carrying liquefied natural gas (LNG), driven by Asia’s weak demand for U.S. LNG…

August 3, 2022

Panama’s ex-president Martinelli says will run again in 2024

By Elida Moreno PANAMA CITY – Former Panamanian President Ricardo Martinelli, who faces open corruption investigations, declared on Thursday his intention to run as an independent in the country’s 2024 elections. Martinelli,…

July 28, 2022

Panama to regulate prices of 72 food items to ease rising living costs

PANAMA CITY – The Panamanian government announced on Monday it will regulate the price of 72 food items following weeks of angry protests and street blockades demanding the government take measures to…

July 25, 2022

American Ex-Pat Sentenced To 8 Years For Panamanian Wire Fraud Conspiracy

Tampa, Florida – U.S. District Judge Thomas P. Barber today sentenced Jeffrey Jedlicki (51, Panama City, Panama) to eight years in federal prison for wire fraud conspiracy. As part of his sentence,…

June 28, 2022

Mexico’s new airport gets boost from Panama’s Copa Airlines

PANAMA CITY – Panama’s Copa Airlines announced on Friday it is launching a route from Panama City to Mexico’s recently inaugurated Felipe Angeles International Airport, becoming one of the first foreign airlines…

June 17, 2022

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