Latest news with #Canada-PanamaFreeTradeAgreement
Business Insider
19-06-2025
- Business
- Business Insider
Franco-Nevada provides update on arbitration proceeding in Panama
Franco-Nevada (FNV) provided an update regarding its arbitration proceeding related to the Cobre Panama mine. Following engagement with the Government of Panama's legal counsel, Franco-Nevada has agreed today to suspend its arbitration proceeding. Franco-Nevada had previously filed a request for arbitration under the Canada-Panama Free Trade Agreement to the International Centre for Settlement of Investment Disputes on June 27, 2024. Confident Investing Starts Here:
Cision Canada
18-06-2025
- Business
- Cision Canada
Franco-Nevada Update on Arbitration Proceeding in Panama
TORONTO, June 18, 2025 /CNW/ - Franco-Nevada Corporation (" Franco-Nevada") (TSX: FNV) (NYSE: FNV) provides an update regarding its arbitration proceeding related to the Cobre Panama mine. Following engagement with the Government of Panama's legal counsel, Franco-Nevada has agreed today to suspend its arbitration proceeding. Franco-Nevada had previously filed a request for arbitration under the Canada-Panama Free Trade Agreement to the International Centre for Settlement of Investment Disputes on June 27, 2024. Franco-Nevada reiterates its hope for a resolution with the State of Panama providing the best outcome for the Panamanian people and all parties involved. SOURCE Franco-Nevada Corporation
Bloomberg
31-03-2025
- Business
- Bloomberg
First Quantum Pulls Back From Arbitration on Panama Copper Mine
First Quantum Minerals Ltd. dropped one of its arbitration cases against Panama and suspended another, signaling potential for more negotiations with the nation over the company's copper mine that's been shuttered for more than a year. The company said Monday it agreed to discontinue arbitration proceedings with the International Chamber of Commerce that sought compensation for Cobre Panama's closure. It also said it has suspended arbitration filed under the Canada-Panama Free Trade Agreement.
Yahoo
31-03-2025
- Business
- Yahoo
First Quantum Provides Update on Arbitration Proceedings in Panama
TORONTO, March 31, 2025 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. ('First Quantum' or the 'Company') (TSX: FM) provides an update regarding two arbitration proceedings related to the Cobre Panamá mine. In November 2023, First Quantum initiated arbitration proceedings before the International Chamber of Commerce's ('ICC') International Court of Arbitration and filed a notice of intent of arbitration under the Canada-Panama Free Trade Agreement (FTA). Following engagement with the Government of Panama's legal counsel, First Quantum has agreed to discontinue the ICC arbitration proceedings. The Company has also agreed to suspend the FTA arbitration. The Company reiterates that it remains committed to dialogue with the Government of Panama and to being part of a solution for the country and the Panamanian people. For further information, visit our website at or contact: Bonita To, Director, Investor Relations (416) 361-6400 Toll-free: 1 (888) 688-6577E-Mail: info@ in to access your portfolio
