GREY:NEVDQ - Post by User
Post by
bogfiton Nov 29, 2023 9:01pm
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Post# 35760092
"too early"? ROFLMAO I'd say too late.
"too early"? ROFLMAO I'd say too late. TORONTO, Nov 29 (Reuters) - A top official of Canadian miner First Quantum Minerals told a Scotiabank conference on Wednesday it is too early and likely too challenging to consider bringing a new partner into its flagship Panama project due to the situation in the country.
The future of First Quantum's Cobre Panama mine, which accounts for about 1% of global copper output, has become uncertain after Panama president Laurentino Cortizo on Tuesday ordered the closure of the mine. This followed the top court's decision to declare First Quantum's contract unconstitutional.
Bringing a new investor who could help diversify the risk and fortify First Quantum's balance has been mooted as a likely solution."
First Quantum CFO says it is too early to consider bringing in partner for Panama project | Kitco News
Yeah, I would say so. LOL
b.