Tag: mining

Canadian mining and metals company First Quantum Minerals confirmed that a strike at its key copper mine in Panama has been avoided. The company reached an agreement with the Utramipa worker's union over profit sharing and wage increases. The threat of strike action arose after...

Saudi Arabian Mining Company, known as Ma'aden, saw its second-quarter profits fall by 91% as sale prices dropped and expenses for the company rose. Net profit for the quarter was 350.9 million riyals ($93.53 million), down 91% from the 4 billion riyals posted the...