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First Quantum Provides Update on the Cobre Panama Mine Regarding Responsible Environmental Stewardship

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星期五, 十二月 22, 2023

Government, Commerce, News, Nature, TSX, MPSA, El Cobre, Environment, Rare-earth element

TORONTO, Dec. 22, 2023 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) provides an update regarding the next steps required for the responsible environmental stewardship of the Cobre Panama mine.

Key Points:

TORONTO, Dec. 22, 2023 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) provides an update regarding the next steps required for the responsible environmental stewardship of the Cobre Panama mine.
However, no legal basis for pursuing a “closure plan” has been provided to Minera Panama S.A. (“MPSA”), a subsidiary of First Quantum.
To date, MPSA has been unable to engage formally with the Government to clarify the legal situation and associated environmental obligations.
First Quantum has invested in excess of US$10 billion to build a world-class mine, port and power station in Panama.

First Quantum Comments on Developments in Panama

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星期五, 十二月 1, 2023

TORONTO, Dec. 01, 2023 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) notes comments made by the President of Panama, Laurentino Cortizo, that on publishing of the Supreme Court of Panama’s ruling of Law 406 as unconstitutional, there will be a transition process for the closure of the Cobre Panama mine. Minera Panamá S.A. (“MPSA”), a subsidiary of First Quantum, is currently seeking additional details in respect of the ruling and its implications. With these developments, the Company is suspending its production guidance for Cobre Panama for the current year.

Key Points:

TORONTO, Dec. 01, 2023 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) notes comments made by the President of Panama, Laurentino Cortizo, that on publishing of the Supreme Court of Panama’s ruling of Law 406 as unconstitutional, there will be a transition process for the closure of the Cobre Panama mine.
Minera Panamá S.A. (“MPSA”), a subsidiary of First Quantum, is currently seeking additional details in respect of the ruling and its implications.
With these developments, the Company is suspending its production guidance for Cobre Panama for the current year.
Further information about Cobre Panama:
For the past 25 years, MPSA has developed and operated the Cobre Panama mine.

First Quantum Provides Update on Cobre Panama Operations

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星期一, 十一月 20, 2023

Biophysical environment, Workforce, Assembly, Contract management, GDP, Supreme court, Social impact assessment, Republic, News, Concession, Nature, TSX, National Assembly, Safety, Employment, MPSA, History, El Cobre, Environment

TORONTO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) today announced that its subsidiary, Minera Panamá S.A. (“MPSA”), has further ramped down operations at Cobre Panama to one remaining ore processing train. Without shipments arriving at the mine’s Punta Rincón port, it expects to run out of supplies for the on-site power plant during the week commencing November 20, 2023.

Key Points:

TORONTO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) today announced that its subsidiary, Minera Panamá S.A. (“MPSA”), has further ramped down operations at Cobre Panama to one remaining ore processing train.
The safety and well-being of the Cobre Panama workforce, of which approximately 90% are Panamanian and have been trained and developed by First Quantum, is the Company’s priority.
Further information about Cobre Panama:
For the past 25 years, MPSA has developed and operated the Cobre Panama mine.
Cobre Panama has also developed substantial community outreach and environmental mitigation programs, both during the construction phase of the mine and since commercial operations commenced in September 2019.

First Quantum Provides Operational Update at Cobre Panama

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星期一, 十一月 13, 2023

El Cobre, Safety, Workforce, Commerce, Nature, First Quantum Minerals, Health, MPSA, S&P, International law, Agriculture, TSX, News

TORONTO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) today announced that its subsidiary, Minera Panama S.A. (“MPSA”), has begun to reduce ore processing operations at the Cobre Panama mine.

Key Points:

TORONTO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) today announced that its subsidiary, Minera Panama S.A. (“MPSA”), has begun to reduce ore processing operations at the Cobre Panama mine.
Cobre Panama has reduced its processing operations by ramping down one ore processing train while two remain operational.
Cobre Panama contributes approximately 5 percent of Panama’s GDP and makes up 75 percent of the country’s export of goods.
After ten years in Panama, First Quantum remains committed and open to constructive dialogue to address the concerns raised by the people of Panama and in the interest of establishing a long-term relationship.

Cobre Panama Additional Operations Update and Revised Franco-Nevada Guidance

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星期一, 十一月 20, 2023

NYSE, Platinum, Annual report, Risk, Gold, Supreme court, First Quantum Minerals, Palladium, GEO, Metal, Republic, MPSA, Silver, FNV, Total, TSX, Franco-Nevada

Given the recent curtailment of operations at Cobre Panama and the risk of further disruptions at the mine, Franco-Nevada is adjusting its guidance for 2023.

Key Points:

Given the recent curtailment of operations at Cobre Panama and the risk of further disruptions at the mine, Franco-Nevada is adjusting its guidance for 2023.
Franco-Nevada's original guidance was 490,000 to 530,000 Precious Metal GEOs and 640,000 to 700,000 Total GEOs.
Franco-Nevada is revising its guidance to 480,000 to 500,000 Precious Metal GEOs and 620,000 to 640,000 Total GEOs.
The outcome of these matters could have a material adverse impact on the revenue Franco-Nevada derives from its streaming arrangements relating to Cobre Panama and on Franco-Nevada's results of operations and financial condition.

First Quantum Provides Update on Panama

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星期五, 十一月 3, 2023

TORONTO, Nov. 03, 2023 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) notes that during the week commencing October 30, 2023, the National Assembly of Panama held ordinary and extraordinary sessions concerning Bill 1109 and Bill 1110. Bill 1109 relates to the initially proposed popular consultation regarding Law 406. Law 406, enacted on October 20, 2023 by the National Assembly of Panama, approved the revised contract for the Cobre Panama mine agreed between the Company’s Panamanian subsidiary, Minera Panama S.A, (“MPSA”), and the Government of Panama. Bill 1110 originally proposed a moratorium on the granting of new concession contracts related to mining in Panama.

Key Points:

Law 406, enacted on October 20, 2023 by the National Assembly of Panama, approved the revised contract for the Cobre Panama mine agreed between the Company’s Panamanian subsidiary, Minera Panama S.A, (“MPSA”), and the Government of Panama.
Bill 1110 originally proposed a moratorium on the granting of new concession contracts related to mining in Panama.
First Quantum is proud of its contribution to Panama.
The copper produced by Cobre Panama in 2022 would be enough for more than 6 million electric cars2.

Konica Minolta Wins Best MPS Support by an OEM

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星期四, 十月 26, 2023

AMA Foundation Leadership Award, MPSA, Best, Konica Minolta, Print Services & Distribution Association, MPS, Workflow, AI, Financial adviser

Ramsey, NJ, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Konica Minolta Business Solutions U.S.A., Inc .

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Ramsey, NJ, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Konica Minolta Business Solutions U.S.A., Inc .
(Konica Minolta), today announced it has received the Best MPS Support by an OEM Award for the company’s managed print services provided by its dealer channel at this year’s Managed Print Services Association (MPSA) Leadership Awards.
The award recognizes Konica Minolta’s support of its dealer channel selling managed print services, in addition to its support of pricing, programs and additional solutions around document management, document workflow and business document processes.
I want to thank Konica Minolta for being a MPSA member and for its excellent submission, and Laura Blackmer for her and her team’s work on our committees, especially on security.

Konica Minolta’s Laura Blackmer Named to MPSA Board of Directors

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星期四, 八月 24, 2023

Original equipment manufacturer, Hewlett-Packard, Channel, IT service management, Sharp, Konica Minolta, Executive Committee, MPSA, Longevity, Woman, Management

Ramsey, NJ, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Konica Minolta Business Solutions U.S.A., Inc. ( Konica Minolta ) today announced Laura Blackmer, President, Dealer Sales, has been named to the Managed Print Services Association ( MPSA ) Board of Directors.

Key Points:

Ramsey, NJ, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Konica Minolta Business Solutions U.S.A., Inc. ( Konica Minolta ) today announced Laura Blackmer, President, Dealer Sales, has been named to the Managed Print Services Association ( MPSA ) Board of Directors.
The MPSA is a not-for-profit, volunteer-led association to help further managed print, whose members include professionals from every aspect of the imaging industry.
Its new Executive Committee and Board of Directors were elected in June and will serve two-year terms beginning August 1, 2023.
Blackmer is responsible for the sales and management of Konica Minolta’s considerable dealer network that represents and sells award-winning products and managed IT Services.

Eric Crump Assumes Presidency at the Managed Print Services Association

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星期二, 八月 22, 2023

MPSA, OEM, Lexmark, Environment, Crump, Olav Ringdal

BURGESS HILL, England, Aug. 22, 2023 /PRNewswire/ -- Eric Crump has been appointed as the President of the Managed Print Services Association (MPSA) for the next two years.

Key Points:

BURGESS HILL, England, Aug. 22, 2023 /PRNewswire/ -- Eric Crump has been appointed as the President of the Managed Print Services Association (MPSA) for the next two years.
As the Director of Strategic Alliances at Ringdale®, an industry pioneer with its leading FollowMe® document and print management solution, Crump has established himself as a prominent figure in managed service space focused on document and print services.
Crump's journey began at Lexmark, where he spent 18 years, including 7 years in Europe, developing a deep understanding of the imaging and managed print services industry.
Eric Crump's presidency is expected to drive innovation and collaboration within the managed print services industry, ensuring a prosperous and dynamic future.

Eric Crump Assumes Presidency at the Managed Print Services Association

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星期二, 八月 22, 2023

MPSA, OEM, Lexmark, Environment, Crump, Olav Ringdal

BURGESS HILL, England, Aug. 22, 2023 /PRNewswire/ -- Eric Crump has been appointed as the President of the Managed Print Services Association (MPSA) for the next two years.

Key Points:

BURGESS HILL, England, Aug. 22, 2023 /PRNewswire/ -- Eric Crump has been appointed as the President of the Managed Print Services Association (MPSA) for the next two years.
As the Director of Strategic Alliances at Ringdale®, an industry pioneer with its leading FollowMe® document and print management solution, Crump has established himself as a prominent figure in managed service space focused on document and print services.
Crump's journey began at Lexmark, where he spent 18 years, including 7 years in Europe, developing a deep understanding of the imaging and managed print services industry.
Eric Crump's presidency is expected to drive innovation and collaboration within the managed print services industry, ensuring a prosperous and dynamic future.