Carriers turn to air travel to ease Red Sea crisis
A popular combination of sea and air freight to reduce delays on Asia-Europe routes and limit costs.
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Panama
Workers at the closed First Quantum mine in Panama warn of the risk of ‘invading’ the deposit
The miners’ union expressed concern about the construction workers’ plans to force their way into the mine on Jan. 9.
Workers at the closed First Quantum mine in Panama warn of risk of ‘invasion’ of the deposit
The union representing staff at the First Quantum copper mine in Panama warned Wednesday of another union’s plan to “invade” the site next week, the latest standoff around the mine today. closed today, which sparked nationwide protests last year. The miners’ union UTRAMIPA has said it is “concerned” about plans by structural workers’ union Suntracs, the country’s largest, to forcibly enter the Canadian mining company’s operations on Jan. 9. The first Quantum suspended completion at the end of November. production of advertisements at the mine and put them into care and maintenance, but the company still has apparatus and personnel on site.
Why Red Sea Attacks Won’t Derail Globalization (Probably)
The maritime industry and the global economy are well placed to deal with the Houthi attack.
Why Red Sea Attacks Won’t Derail Globalization (Probably) Read More »
Orla Mining Provides Update on Panama and Cerro Quema Project
Orla Mining Ltd. (TSX: OLA) (NYSE: ORLA) (“Orla” or the “Company”) notes that the Ministry of Commerce and Industry of Panama (“MICI”) has denied extension requests for the 3 mining concessions comprising the Company’s property. Cerro Quema Project, declared the leases cancelled and declared the concessions that make up a reserveArray
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EU finance ministers agree on reform of spending rules
But he said things changed after a suspected case of coronavirus emerged among guests, and everyone was forced to stay put until the test result was received on Monday.
EU finance ministers agree on reform of spending rules Read More »
UPDATE 1: Panama’s government orders first Quantum to end mining operations, says Unidad Nacional
Panama’s Ministry of Commerce and Industry has ordered Canada’s First Quantum to end operations at its lucrative copper mine, the company’s unit in the country said on Friday. The ministry sent the unit, Cobre Panama, a formal statement urging it to “cease extraction, processing, refining, transportation, export and sale activities” at the mine, Cobre Panama said in a statement. The government’s move comes after Panama’s Supreme Court ruled last month that First Quantum’s mine operating contract was unconstitutional, following months of protests.
First Quantum risks breaking commitments, cutting prices if Panama closes primary copper mine
First Quantum Minerals Ltd. could be forced to cut spending next year and face a possible breach of restrictive covenants if. . .
Panama Canal Logjam Keeps Ships Sailing on Continents Away
The Panama Canal, a century-old engineering project that revolutionized global trade, is closed due to drought and drought.
Panama Canal Logjam Keeps Ships Sailing on Continents Away Read More »
Headlines: Panama Officially Orders First Quantum to Close Copper Mine
Lululemon shares fall as forecasts disappoint. Shares of Lululemon Athletica Inc. fell in premarket trading after. . .
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