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First Quantum Minerals Ltd T.FM

Alternate Symbol(s):  FQVLF

First Quantum Minerals Ltd. is a Canada-based global copper company. The Company produces copper in the form of concentrate, cathode and anode and has inventories of nickel, gold and cobalt. It is engaged in the production of copper, nickel, gold and silver, and related activities including exploration and development. The Company's operating mines include Cobre Panama, Kansanshi, Sentinel, Cobre Las Cruces, Cayeli, Guelb Moghrein, Ravensthorpe and Pyhasalmi. Its development projects include Enterprise, Haquira, Taca Taca and La Granja. Its operating segments include Cobre Panama, Kansanshi, Trident and Ravensthorpe. The Cobre Panama project comprises a series of copper porphyry deposits with main deposits, such as Balboa, Botija, Colina and Valle Grande. The Trident segment includes the Sentinel copper mine and the Enterprise Nickel development project. Its Ravensthorpe Nickel Operation is an open pit mine and primary processing plant located in the southwest of Western Australia.


TSX:FM - Post by User

Post by AlPanamaon Oct 31, 2023 9:58am
272 Views
Post# 35709032

road closures persist/economy at a standstill

road closures persist/economy at a standstillWe're still blocked from all sides. My employees are laid off as we can't get to any jobsites. We can't get materiales in from Panama City. 
There is no fuel at the gas stations, luckily, we filled up all of our vehicles last week.
I'm going to go to the nearby villange today to see if I can get some construction materials.

Why am posting this to a FM board?
Because this is Panama. The country is closed, and the protestors are winning. 
No one is speaking in favour of mining, so that part of the message is not getting out.
Social networks only talk about the "Canadians making a disaster in our country"..and how the mine is a huge scam, screwing over the people. RT (Russia Today) has anti-Canada propaganda on full blast, as do many anti-capitalist outlets.

This referendum is a lost cause. I can't see how FM can keep ongoing operations in Panama.
As a long time resident foreigner, I tend to stay out of local (panamanian) politics, but I think a huge mistake is being made.


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