Panama Shuts Down First Quantum’s Cobre Copper Mine

First Quantum about to witness its Cobre copper mine be shut down

First Quantum Minerals (FM: TSX) is seeing its massive copper porphyry mine, the Cobre Panamá mine, put in jeopardy by the Panama government. One of the largest copper mines in the world, the government didn’t wait long to demand higher taxes and royalties on the operation. Today’s news represents the most aggressive case of resource […]

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Socialists’ Grip on the Copper Industry

Investors often lose money when they are blindsided by unanticipated trends. When all that is apparent is blue sky and massive profits, something usually goes wrong. For mining investors and producers, this juggernaut is, more often than not, resource nationalism. With the price of copper holding steady near record highs in 2021, blue sky sentiment […]

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