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Panama Approves Cobre Panama Copper Export Plan, But Mine Remains Shut
Monday, June 2, 2025 - 8:16am | 526Panama has approved a maintenance plan for First Quantum Minerals’ (OTCPK: FQVLF) Cobre Panama copper mine, which was shut down in 2023 following mass protests and a constitutional court ruling. However, officials clarified that approving the maintenance does not mean reopening the site,...
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Panama Moves To Legalize Bitcoin Nationwide As Trump's Pro-Crypto Policies Fuel Global Adoption
Wednesday, May 21, 2025 - 1:39am | 584Panama has introduced legislation that would allow citizens to freely buy, sell, and accept Bitcoin (CRYPTO: BTC) nationwide, marking another significant step in the global adoption of cryptocurrencies. What Happened: The bill follows Panama City Council’s recent move to accept Bitcoin,...
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Panama City Council Now Accepts Bitcoin, Ethereum For Taxes, Fines, Fees
Wednesday, April 16, 2025 - 11:29am | 468The Panama City Council has voted to allow citizens to pay taxes, fines, fees and permits using cryptocurrencies. What Happened: The initiative was spearheaded by Panama City Councilman and tech entrepreneur Mayer Mizrachi, who confirmed the development in a public post on Tuesday. The policy...
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BlackRock's $22.8 Billion Panama Canal Port Deal To Hit A Roadblock Amid Audit Findings And Escalating US-China Trade War
Tuesday, April 8, 2025 - 8:07am | 648Panama’s chief auditor expressed grave concerns over the proposed acquisition of two crucial Panama Canal ports by BlackRock Inc. (NYSE:BLK). What Happened: The Hong Kong-based company, CK Hutchison, is suspected of being in debt for hundreds of millions in unpaid fees and did not secure the...
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Panama Greenlights Cobre Panama's Exports, Setting Stage For Future Negotiations
Friday, March 14, 2025 - 8:32am | 513Panama has shown interest in resolving the future of the shuttered Cobre Panama mine after President Jose Raul Mulino authorized the export of 120,000 tons of copper concentrate stockpiled at the site since its closure in December 2023. "I authorized that they take out the material that is grounded...
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Panama Explores 'Novel Ideas' For Its Shuttered Cornerstone Mining Asset
Friday, February 28, 2025 - 7:46am | 572Panama is inching closer to a resolution regarding its largest mining asset. President José Raúl Mulino noted his administration is considering "novel ideas" to resolve the dispute with First Quantum Minerals (OTCPK: FQVLF) regarding the Cobre Panama copper mine, pending the resolution of social...
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Marco Rubio's Panama Visit: Will Trump's Aggressive Rhetoric Lead to War or Diplomacy?
Saturday, February 1, 2025 - 2:45pm | 561Secretary of State Marco Rubio‘s upcoming visit to Panama is expected to offer crucial insight into the direction of U.S. foreign policy, particularly in Latin America, under the Trump administration. Amid rising tensions over the Panama Canal, the visit could signal whether U.S. policy will...
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Scholz Warns of Tension with Trump as Border Integrity and NATO Spending Loom Over Germany's Election
Sunday, January 12, 2025 - 4:30pm | 447German Chancellor Olaf Scholz, a member of the nation’s Social Democratic Party, has raised concerns over President-elect Donald Trump’s moves on border integrity. Scholz, who has been chancellor since 2021, highlighted shaky times ahead in relations with Washington and also suggested...
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Trump Does Not Rule Out Military Force To Acquire Panama Canal, Greenland: 'We Need Them For Economic Security'
Tuesday, January 7, 2025 - 8:14pm | 451President-elect Donald Trump told reporters at a press conference at Mar-a-Lago on Tuesday that he cannot rule out the use of military force in his quest for U.S. control of Greenland and the Panama Canal. What To Know: A reporter asked if Trump could assure the American public that he would...
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Trump Effect? Denmark Boosts Greenland's Defense Budget Amid President-Elect's Renewed Acquisition Interest
Wednesday, December 25, 2024 - 9:18pm | 872In response to US President-elect Donald Trump’s renewed interest in acquiring Greenland, the Danish government has significantly ramped up defense spending for the Arctic territory. This announcement was made shortly after Trump’s statement. What Happened: Danish Defence Minister ...
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Trump's Call To Reclaim Panama Canal Sparks Backlash: 'Every Square Meter Belongs To Panama,' Says President Mulino
Sunday, December 22, 2024 - 9:31pm | 599Panama’s President José Raúl Mulino strongly rejected President-elect Donald Trump‘s suggestion to return the Panama Canal to U.S. control, highlighting potential tensions that could affect maritime trade through the critical waterway. What Happened: “Every square meter of the...
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US Military Slams Houthi's 'Reckless Acts Of Terrorism' After Yemen Rebels Strike 2 Oil Tankers In Red Sea
Tuesday, September 3, 2024 - 4:16am | 442Yemen’s Houthi rebels have reportedly attacked two crude oil tankers in the Red Sea, as confirmed by the U.S. military. What Happened: The Houthi rebels, who are backed by Iran, targeted the Saudi-flagged “Amjad” and the Panama-flagged “Blue Lagoon I.” The U.S....
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Barrick Gold Open To Cobre Panama Partnership: 'We, Of Course, Stand Available,' Says CEO
Tuesday, August 13, 2024 - 7:58am | 647Besides posting positive Q2 results driven by higher revenues, Barrick Gold‘s (NYSE:GOLD) management has expressed interest in partnering with the Panamanian government. The Cobre Panama mine, a world-class copper mine, has been idle since last December, and the company says the new...
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First Quantum To Launch Arbitration Against Panama Over Cobre Panama Mine Closure
Friday, June 28, 2024 - 4:15pm | 517Canadian miner First Quantum Minerals (OTC:FQVL) will initiate formal arbitration proceedings against Panama in July over the closure of the Cobre Panama mine last November. With 3.0 billion tons of proven and probable reserves, Cobre Panama is one of the largest new copper mines opened globally in...
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Panama Grants 7 Medical Cannabis Licenses: Which Companies Got Them?
Monday, January 15, 2024 - 12:06pm | 494By Javier Hasse via El Planteo Panama has issued seven licenses for the production and distribution of medical cannabis, a development signifying not only new economic and therapeutic opportunities but also reflecting regulatory progress. The Panamanian Ministry of Health announced the approval of...