First Quantum Minerals Suspends Arbitration Proceedings in Panama

First Quantum Minerals ( (TSE:FM) ) has shared an announcement.

First Quantum Minerals Ltd. has decided to discontinue its arbitration proceedings with the International Chamber of Commerce and suspend the arbitration under the Canada-Panama Free Trade Agreement regarding the Cobre Panamá mine. This decision follows discussions with the Government of Panama, indicating the company’s commitment to resolving disputes through dialogue and cooperation, which could positively impact its operations and relationships in Panama.

More about First Quantum Minerals

First Quantum Minerals Ltd. is a mining and metals company primarily focused on the production of copper and other minerals. It operates globally with a significant market presence in the mining industry, particularly known for its operations in Panama.

YTD Price Performance: 2.36%

Average Trading Volume: 196,664

Technical Sentiment Signal: Hold

Current Market Cap: $11.47B

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