Latest news with #Panamanian
Yahoo
6 hours ago
- Business
- Yahoo
First Quantum explores gold streaming deal from Zambia mine
Canadian mining company First Quantum Minerals is considering a gold pre-payment agreement from its mines in Zambia as a new funding strategy to improve its finances, reported Reuters, citing the company's CFO Ryan MacWilliam. Gold streaming involves an initial payment by a buyer to a miner in exchange for the right to buy a portion of future gold production at a set price. This financing mechanism is becoming an increasingly attractive option for miners needing upfront capital. The focus on gold streaming deals is in response to high gold prices and the robust market for such financial arrangements. MacWilliam said during an analyst call on the company's quarterly results: "We have obviously seen record-high gold prices, that means the gold pre-payment or streaming market is strong, it is obviously an active market, and that gives a variety of options from a financial perspective, in addition to those we have talked about before." Last year, the company considered selling a minority interest in its two Zambian mines. However, First Quantum has indicated that although the potential sale remains a possibility, the current focus is on investigating gold streaming agreements from its Kansanshi mine in Zambia. The S3 Expansion project at Kansanshi is nearing the completion of its commissioning phase, and is on track to start initial production in the latter half of 2025, while remaining within the allocated budget. The Zambian mines are particularly significant for First Quantum following the 2023 shutdown of its Cobre Panama copper mine due to a dispute with the Panamanian Government. The company is engaged in ongoing discussions with Panamanian officials to resolve the situation. The closure of the mine was ordered by Panama's top court after significant public protests, but, in June, President Jose Mulino permitted the export of copper concentrate that had been mined before the shutdown. First Quantum has disclosed that it is incurring monthly expenses of $15m (C$20.52m) for the care and maintenance of the Cobre Panama mine. This cost is projected to increase to between $17m and $18m by the end of the year. "First Quantum explores gold streaming deal from Zambia mine" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Economic Times
a day ago
- Entertainment
- Economic Times
Hulk Hogan dies at 71: 10 lesser-known facts about the wrestling icon who defined a generation
Before he became a wrestler, he played bass in a rock band. Wrestlers Jack and Gerald Brisco found him because of his band, Ruckus, which was popular in the Tampa Bay area. He once said no to dying his hair red. Vince McMahon Sr. wanted him to change his hair color, but Hogan kept his famous blond look. This was one of many times he went against the grain. He left the University of South Florida to focus on music full-time, but then wrestling became his calling. He had Italian, Panamanian, Scottish, and French roots, which is something that people often forget about when they think of him as "All-American." He was baptized at Indian Rocks Baptist Church in December 2023, which was a spiritual change for him just two years before he died. In 1977, he had his first wrestling match against Brian Blair. At first, he even wrestled under a mask as "The Super Destroyer." He played Thunderlips in Rocky III (1982), which was a big break for him in Hollywood and made him more than just a wrestler. In 1985, he co-hosted Saturday Night Live with Mr. T. This made him even more popular with the general public. He once sued Gawker Media and won an unbelievable $115 million over a leaked private video. This case set a new standard in media privacy law. He started his own beer brand, Real American Beer, in 2024. This was a nod to his patriotic wrestling persona and his desire to be an entrepreneur. Live Events FAQs (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Wrestling has lost one of its most legendary figures. Hulk Hogan , born Terry Gene Bollea , died on July 24, 2025, at the age of 71, of cardiac arrest at his home in Clearwater, Florida. From WrestleMania headliner to reality TV star, Hogan's influence extended far beyond the ring. To honor his memory, here are ten truly surprising facts about the man who created Hulkamania Hulk Hogan is best known for revolutionizing wrestling, but he also made an impact in music, film, and television. Beyond his iconic persona, these lesser-known facts reveal more about the man who rose to prominence in pop culture.A lot of people only know Hogan for his famous bandana and 24-inch pythons, or for slamming André the Giant. But there is a lot more to him than that. Here are 10 surprising and little-known facts about the man who helped make WWE's golden age what it Hogan's last WWE appearance was in 2025, when Raw debuted on Netflix, but his impact will never go away. WWE honored the man who led the company through the boom years of the 1980s with a heartfelt statement."One of pop culture's most recognizable figures, Hogan helped WWE achieve global recognition in the 1980s. WWE extends its condolences to Hogan's family, friends, and fans," they Hogan was more than just a wrestler; he was a phenomenon. He made a lasting mark on pop culture by body-slamming giants and starring in cult real name was Terry Gene passed away from cardiac arrest at his home in Clearwater, Florida.
Time of India
a day ago
- Entertainment
- Time of India
Hulk Hogan dies at 71: 10 lesser-known facts about the wrestling icon who defined a generation
Wrestling has lost one of its most legendary figures. Hulk Hogan , born Terry Gene Bollea , died on July 24, 2025, at the age of 71, of cardiac arrest at his home in Clearwater, Florida. From WrestleMania headliner to reality TV star, Hogan's influence extended far beyond the ring. To honor his memory, here are ten truly surprising facts about the man who created Hulkamania . Hulk Hogan is best known for revolutionizing wrestling, but he also made an impact in music, film, and television. Beyond his iconic persona, these lesser-known facts reveal more about the man who rose to prominence in pop culture. Explore courses from Top Institutes in Please select course: Select a Course Category Healthcare Design Thinking Public Policy MBA Data Science Data Science Leadership Degree CXO Management Operations Management Others Data Analytics others Technology MCA Artificial Intelligence Product Management Cybersecurity Finance Digital Marketing Project Management PGDM healthcare Skills you'll gain: Financial Analysis in Healthcare Financial Management & Investing Strategic Management in Healthcare Process Design & Analysis Duration: 12 Weeks Indian School of Business Certificate Program in Healthcare Management Starts on Jun 13, 2024 Get Details A lot of people only know Hogan for his famous bandana and 24-inch pythons, or for slamming André the Giant. But there is a lot more to him than that. Here are 10 surprising and little-known facts about the man who helped make WWE's golden age what it was. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Gentle Japanese hair growth method for men and women's scalp Hair's Rich Learn More Undo Before he became a wrestler, he played bass in a rock band. Wrestlers Jack and Gerald Brisco found him because of his band, Ruckus, which was popular in the Tampa Bay area. He once said no to dying his hair red. Vince McMahon Sr. wanted him to change his hair color, but Hogan kept his famous blond look. This was one of many times he went against the grain. He left the University of South Florida to focus on music full-time, but then wrestling became his calling. He had Italian, Panamanian, Scottish, and French roots, which is something that people often forget about when they think of him as "All-American." He was baptized at Indian Rocks Baptist Church in December 2023, which was a spiritual change for him just two years before he died. In 1977, he had his first wrestling match against Brian Blair. At first, he even wrestled under a mask as "The Super Destroyer." He played Thunderlips in Rocky III (1982), which was a big break for him in Hollywood and made him more than just a wrestler. In 1985, he co-hosted Saturday Night Live with Mr. T. This made him even more popular with the general public. He once sued Gawker Media and won an unbelievable $115 million over a leaked private video. This case set a new standard in media privacy law. He started his own beer brand, Real American Beer, in 2024. This was a nod to his patriotic wrestling persona and his desire to be an entrepreneur. ALSO READ: Celebrity deaths this week: From Malcolm-Jamal Warner to Ozzy Osbourne to Hulk Hogan - here are the stars world lost Live Events Hulk Hogan's last WWE appearance was in 2025, when Raw debuted on Netflix, but his impact will never go away. WWE honored the man who led the company through the boom years of the 1980s with a heartfelt statement. "One of pop culture's most recognizable figures, Hogan helped WWE achieve global recognition in the 1980s. WWE extends its condolences to Hogan's family, friends, and fans," they posted. Hulk Hogan was more than just a wrestler; he was a phenomenon. He made a lasting mark on pop culture by body-slamming giants and starring in cult classics. FAQs What was Hulk Hogan's real name? His real name was Terry Gene Bollea. How did Hulk Hogan die? He passed away from cardiac arrest at his home in Clearwater, Florida.
Winnipeg Free Press
2 days ago
- Business
- Winnipeg Free Press
First Quantum reports progress at Panama copper mine, posts profit
TORONTO – First Quantum Minerals Ltd. says shipments of copper concentrate have begun leaving a contentious mine in Panama that had been shuttered, boosting its second-quarter results. The Toronto-based miner posted $18 million in net earnings attributable to shareholders during the second-quarter, reversing a year-earlier loss of $46 million. That amounted to diluted net earnings of two cents per share compared to a loss of six cents per share a year earlier. Sales revenues were $1.23 billion during the three months ended June 30, about the same as the same quarter a year earlier. First Quantum suspended production at the Cobre Panama mine in November 2023 following widespread protests and a court ruling that found the agreement with the government covering the mine was unconstitutional. In May, the Panamanian government approved a 'preservation and safe management plan' for the open-pit mine and last month, the company began exporting copper concentrate that had been on site since the mine's closure. Monday Mornings The latest local business news and a lookahead to the coming week. This report by The Canadian Press was first published July 23, 2025. Companies in this story: (TSX: FM)
Hamilton Spectator
2 days ago
- Business
- Hamilton Spectator
First Quantum reports progress at Panama copper mine, posts profit
TORONTO - First Quantum Minerals Ltd. says shipments of copper concentrate have begun leaving a contentious mine in Panama that had been shuttered, boosting its second-quarter results. The Toronto-based miner posted $18 million in net earnings attributable to shareholders during the second-quarter, reversing a year-earlier loss of $46 million. That amounted to diluted net earnings of two cents per share compared to a loss of six cents per share a year earlier. Sales revenues were $1.23 billion during the three months ended June 30, about the same as the same quarter a year earlier. First Quantum suspended production at the Cobre Panama mine in November 2023 following widespread protests and a court ruling that found the agreement with the government covering the mine was unconstitutional. In May, the Panamanian government approved a 'preservation and safe management plan' for the open-pit mine and last month, the company began exporting copper concentrate that had been on site since the mine's closure. This report by The Canadian Press was first published July 23, 2025. Companies in this story: (TSX: FM)
