The Democratic Republic of the Congoeitherwhich threatens to snatch Peru’s second place as the largest producer of copper in the world, vote this Wednesday to elect a president who will play a crucial role in the global fight against climate change over the next five years. The Central African nation’s forests, rivers and minerals are […]
Tag: copper
Keys to knowing Essequibo, the territory in dispute between Venezuela and Guyana
Sovereignty over the territory of Essequibo has been disputed for almost two centuries and has recently led to an increase in tension between Guyana, who has managed it as his own since 1966, and Venezuelawho claims it. The Venezuelan presidents, Nicolás Maduro, and Guyanese presidents, Irfaan Ali, meet this Thursday in Saint Vincent and the […]
This is the economic impact of ‘losing’ a copper mine in Panama
The government of Panama estimates that the economy of the isthmus will grow between 1% and 2% next year from the previous estimate of 5%, due to the effects of the closure of a Canadian copper mine. First Quantum Mineralsan Economy Ministry official told Reuters. Furthermore, Hernán Arboleda, director of Public Policies of the Ministry […]
Optimism and caution in Panama before arbitration for conflict with Canadian mining company FQM
Environmental activists and lawyers this Friday were cautious but optimistic about Panama’s chances of success in the face of the international arbitration initiated by the Canadian First Quantum Minerals (FQM), after the Panamanian Supreme Court declared unconstitutional this week the contract through which the largest mine of copper open pit of Central America. Minera Panamá […]
First Quantum warns of “catastrophic” results after mine closure in Panama
Panama’s decision to close the giant copper mine of the Canadian First Quantum Minerals Ltd ignores the rights of workers and does not consider the financial, social and environmental damages “catastrophic” which will cause its closure, the mining company warned. In a statement released Wednesday, the company said it remains open to a “constructive and […]
Congo equals Peru in second place in global copper production
After a first warning bell in the middle of this year, the Democratic Republic of Congo (RDC) would have already emerged as the second largest copper producer internationally, relegating Peru to third place and occupying a decisive position in key supply for the energy transition at the end of 2023. The president of the Codelco […]
Panama President Vows to Close First Quantum Copper Mine After Court Ruling
The president of Panama, Laurentino Cortizo, promised this Tuesday a closure process “neat and safe” of the largest copper mine in Central Americaof Canadian capital, after the Supreme Court declared “unconstitutional” your concession contract. The approval of the mining contract by Congress, on October 20, unleashed the largest protests in Panama since the fall of […]
Congo would have displaced Peru as the second global copper producer, says Codelco
The president of the board of directors of the state copper company Codelco, Máximo Pacheco, assured that the Democratic Republic of the Congo (DRC) will replace Peru as the second world supplier of copper in 2023, while Chile remains in first place. According to information collected by Reuters, the Chilean Codelco highlighted the rapid progress […]
The largest copper mine in Central America, roots of a conflict
The Supreme Court of Panama declared this Tuesday “unconstitutional” a mining contract, an expected ruling after more than a month of social tension with marches, road blockades, million-dollar losses in the economy and outbreaks of violence. These are the main dates of the crisis around the largest open pit copper mine in Central America, operated […]
Panama: Supreme Court declares “unconstitutional” the mining contract that is the focus of the crisis
The Supreme Court of Justice of Panama declared this Tuesday “unconstitutional” the contract that renewed the exploitation concession of the largest open pit copper mine in Central America, a decision that is expected to end a national crisis and open a front of international arbitrations by the concessionaire, the company Minera Panamá, a subsidiary of […]