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Topic - Panama
Apr 29, 2016
Group of 20 (G-20) economies threatened to penalise havens that don’t share information on their banking clients after the leak of the Panama Papers provoked a global uproar over tax evasion. The G-20 will consider “defensive measures” against financial centers and...
Apr 22, 2016
The project comprises the development, construction, operation and maintenance of an integrated gas-to-power project on Telfers Island.
Apr 06, 2016
Impala Platinum and government officials in Zimbabwe will probe the alleged involvement of the company's Zimplats unit after leaked papers showed it used an offshore company to pay salaries of management in Zimbabwe. Fin24 reported on Monday that Zimplats had been...
Apr 04, 2016
Khulubuse Zuma
Solidarity on Monday called on liquidators of the failed mining company Aurora to investigate Khulubuse Zuma after his name was mentioned in the Panama Papers, an unprecedented leak of 11.5-million files from the database of Mossack Fonseca, a law firm specialising...
Mar 18, 2016
The testing of the Atlantic-facing Agua Clara locks’ water-saving basins has been completed.
Mar 15, 2016
The 2016 World Canals Conference is shaping up to be the best yet, with an array of world-renowned speakers and high-profile sponsors signing up to take part in the prestigious event in Inverness this September. Hosted on the banks of the majestic Caledonian Canal,...
Feb 20, 2016
Base metals miner First Quantum Minerals on Thursday night rang the alarm bell that it might be at risk of breaching certain debt financing covenants this year, placing the company’s ability to continue operating as a going concern in jeopardy. The Vancouver-based...
Feb 09, 2016
Ahmed Bin Sulayem, Executive Chairman, DMCC, has been presented with Honorary Membership of the World Jewelry Hub its Chairman Eli Izhakoff in Panama City this week. Ahmed Bin Sulayem, also the Chairman of the Kimberley Process, visited Panama as a guest of the WJH....
Feb 04, 2016
Jan 22, 2016
Jan 14, 2016
Oct 23, 2015
The project involves the supply of an integrated system to equip metro Line 2, in Panama.
Oct 14, 2015
These contracts enable Ingeteam to gain a foothold in the PV operation and maintenance market in Honduras and Uruguay. Ingeteam has also won new contracts in the United Kingdom and Panama. Ingeteam is now a leader in Operation and Maintenance services, given the fact...
Oct 09, 2015
The project includes the construction of a slow-emission, 350 MW combined-cycle natural gas-fired plant.
Oct 06, 2015
A stabilising electricity supply situation in Zambia is leaving dual-listed First Quantum Minerals hopeful that its Sentinel project will ramp up to commercial production by the end of this year. The project’s ramp-up had been affected by the limited power supply...
Oct 02, 2015
The expansion project has reached 93% completion.
Sep 18, 2015
Joseph Keenan
JSE-listed chemicals group Omnia has appointed Joseph Keenan the new MD of its explosives division, Bulk Mining Explosives. Group CEO Rod Humphris said in a statement to shareholders on Friday that Keenan was an accomplished international executive with more than 20...
Sep 02, 2015
Last June the expansion works of Panama Canal entered its final phase with the start of filling the new locks, both the Atlantic and Pacific sectors. The full flood and testing of each lock can take about three to four months. HIDROSTANK has supplied to the awarded...
Jun 26, 2015
The canal expansion programme has begun filling the Cocolis’ locks, on the Pacific side, following a similar and successful endeavor on the Atlantic side earlier this month.
Jun 19, 2015
The Autoridad del Canal de Panamá has begun to fill the lower chamber of its new Atlantic locks.
Apr 22, 2015
HIDROSTANK has supplied innovative reinforced polypropylene chambers to the expansion works of the Panama CANAL, one of the great engineering feats of the XXI century. In August 2009, the Panama Canal Authority awarded the design and construction of the third set of...
Apr 07, 2015
Trimble announced today that a SITECH® Technology Dealer has been established in Panama. SITECH Panama joins the premier network of SITECH dealerships—the first fully dedicated global distribution network offering the most comprehensive portfolio of construction...
Mar 06, 2015
Top terminal operators are battling for a contract to manage and operate a new terminal that is nearing completion at the Port of Mombasa, in Kenya. According to the Kenya Ports Authority (KPA), 19 international companies have presented their bids for a contract to...
Jan 27, 2015
Base metals miner First Quantum Minerals late on Monday reported record copper output during 2014, noting that the current year would see its Zambia operations benefit from increased synergies as its new smelter was being commissioned and its new Sentinel mine...
Jan 23, 2015
The Kenya Ports Authority (KPA) intends to hire an independent operator to take over the management of the second container terminal that is under construction at the Port of Mombasa. To increase efficiency, the KPA has already floated an international tender for the...
Oct 31, 2014
The Penonome project is expected to be the largest wind power project in the Central America and Caribbean regions.
Sep 30, 2014
The TSX-listed stock of base metals miner First Quantum Minerals on Tuesday fell by as much as C$0.51 a share after the company revealed that a strike at its Guelb Moghrein copper/gold mine, in Mauritania, had negatively impacted on the operation’s expected output by...
Sep 19, 2014
The third shipment of four gates for the new locks of the Panama Canal expansion project has arrived at the Atlantic entrance of the waterway on September 7.
Aug 15, 2014
The Panama Canal expansion has reached another important milestone with the transfer of the first gates to the new locks complex on the Atlantic side.
Aug 08, 2014
Frozen potato chips safeguard On July 25, the South African Revenue Service (Sars) imposed a final (definitive) safeguard on frozen potato chips (or French fries), classifiable under tariff subheading 2004.10.20, through two Government Gazette notices. The safeguard...
Aug 01, 2014
The project involves the construction of a canal from the mouth of the Brito river on the Pacific side to the Punta Gorda river on the Caribbean side.
Jun 27, 2014
Base metals miner First Quantum Minerals reported late on Thursday that it had temporarily halted construction activity at its $6.5-billion Cobre Panama copper mine owing to an illegal work stoppage by some members of its construction workforce. The illegal stoppage...
Jun 17, 2014
Canadian base metals miner First Quantum on Tuesday announced that it would buy copper explorer Lumina Copper for about C$470-million in a cash and scrip deal that would give it control of the Taca Taca copper/gold/molybdenum project, in Argentina. The proposed...
May 27, 2014
Gold miner Petaquilla Minerals has completed an early payout of the existing gold and silver prepayment agreements, as well as a convertible loan previously negotiated with Deutsche Bank, which as a result fully released all existing encumbrances on the company's...
May 13, 2014
Dungannon, Northern Ireland - Terex Washing Systems are delighted to announce the launch of a dedicated Centre of Excellence in Louisville, Kentucky. Following the appointment of a Regional Sales and Distributor Manager in NA last year, coupled with the official...
May 12, 2014
Gold miner Petaquilla Minerals on Monday said that an agreement to completely separate its Molejon gold mine from base metals miner First Quantum Minerals’ Cobre Panama copper/gold mine, located in Panama, would recapitalise and reposition it to pursue new growth...
May 08, 2014
Gold miner Petaquilla Minerals and base metals miner First Quantum Minerals on Thursday struck an accord that would see Petaquilla receive $60-million for transferring a range of assets and property rights. The agreement was aimed at completely separating First...
Mar 31, 2014
Cobre Panama
TSX-listed Petaquilla Minerals on Monday said that it was in discussion with base metals miner First Quantum Minerals regarding the relationship between the two companies with neighbouring projects in Panama, to ensure the development of the $6.425-billion Cobre...
Mar 17, 2014
After base metals miner Hudbay Minerals on Friday extended the deadline of its hostile bid for copper project developer Augusta Resources, and removed the minimum tender requirement that at least two-thirds of shares be tendered, Augusta on Monday hit back, saying it...
Mar 11, 2014
La India
While several regions in the Central American isthmus might be perceived as being “closed” for mining investment, the largest country in the region, Nicaragua, is “open for business”, the country’s general director for mining at the Energy and Mines Ministry (MEM),...
Jan 29, 2014
A new index by the Gordon Institute of Business Science (GIBS) has provided “empirical” proof of Africa’s growth story, however, the Middle East has also emerged as strong performer. The GIBS Dynamic Markets Index (DMI) showed that progressive structural strange in...
Jan 28, 2014
Vancouver-based base metals miner First Quantum Minerals on Tuesday announced that it planned to lift the copper production capacity at its flagship Cobre Panama project, in Panama, by 20%; however, it would cost more to build and the start-up would be delayed....
Dec 10, 2013
Canadian base metals producer First Quantum Minerals on Tuesday said it had decided to design and build an expansion to the 1.2-million-tonnes-a-year copper smelter and to defer completing the Kansanshi sulphide expansion until 2017, when the smelter expansion was...
Nov 27, 2013
Panama's economy accelerated in September, as strength in the mining and construction sectors made up for slow traffic through the Central American nation's trademark canal and ports. Economic activity rose 8.15% in September compared to the same month last year,...
Oct 25, 2013
Standalone electricity generation sets (gensets) can be used to manage the resulting power produced by solar thermal and solar photovoltaic (PV) renewable-energy generation plants and can also be used to provide electricity in a rural area as part of a hybrid...
Aug 01, 2013
TSX-listed base metals producer First Quantum Minerals has reported a 49% drop in second-quarter earnings as the prices for copper and nickel dropped. The diversified miner reported net earnings of $71.9-million, or $0.12 a share, down from $142-million, or $0.30 a...
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