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5.90862246650723E-05 0.000515286843009197 0.000618344211611154 -0.000618344211611154 -0.00130539333562348 0 0.000755754036413502 -0.00048093438680861
Stock impact report

First Quantum preparing for post-election talks in Panama [BNN Bloomberg (Canada)]

TotalEnergies SE (TTE) 
Company Research Source: BNN Bloomberg
Speaking on an earnings call, Pascall declined to speculate on the outcome of the May 5 vote, saying the company is prepared to work with whichever party is elected. "Our job at the moment in Panama is to be listening, to understand the voices that speak on the mine and the future mining in Panama." The Toronto-headquartered mining company suspended production at the open-pit copper mine in Panama in November following widespread protests and a court ruling that found the agreement with the government covering the mine was unconstitutional. The mine is now in care and maintenance at a cost of about US$15 million to US$20 million a month as the company waits for progress on talks. Pascall says that while a faster mine restart would make it easier to carry out, the company isn't planning on a quick resolution of the issue. “There's a lot to come in terms of our discussion leading up to the election, and then working with whoever comes through in the election about solving the Show less Read more
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