The Canadian miner said it’s reviewing the ruling and considering its legal rights after Panama’s Supreme Court struck down the law that had approved its Oct. 20 contract with the Panamanian government. (The Logic)
The Canadian miner said it’s reviewing the ruling and considering its legal rights after Panama’s Supreme Court struck down the law that had approved its Oct. 20 contract with the Panamanian government. (The Logic)
The Canadian miner said it’s reviewing the ruling and considering its legal rights after Panama’s Supreme Court struck down the law that had approved its Oct. 20 contract with the Panamanian government. (The Logic)
Talking point: First Quantum may need to pursue alternatives like international arbitration to move forward with the mine, which supplies an estimated one per cent of the world’s copper. Protesters against the mine have gained support from international figures like Leonardo DiCaprio and Greta Thunberg amid environmental concerns and accusations that First Quantum is not paying enough royalties under the contract. First Quantum’s stock has fallen roughly 11 per cent over the past week during the deliberations. Some analysts have forecasted that the combined issues in Peru and Panama could deplete a global surplus of the metal, which is used for increasingly important applications like electrifying vehicles and updating electric grids.
Loading...
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseIf you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseYou have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.