TSX:FMMetals and Mining
Why First Quantum Minerals (TSX:FM) Is Up 10.0% After Panama Allows Processing Stockpiled Cobre Ore
In early April 2026, the Panamanian government approved First Quantum Minerals’ request to process about 38 million tonnes of stockpiled ore at the previously shuttered Cobre Panama project, potentially yielding up to 70 thousand tonnes of copper over 12 months while addressing environmental and operational concerns.
This approval effectively reactivates a dormant source of copper output and strengthens First Quantum Minerals’ position ahead of formal talks on a possible full restart of...