Stock Market News
First Quantum suspends 7,000 contract workers at Panama mine
2023.11.29 20:28
2/2
© Reuters. FILE PHOTO: View of the Cobre Panama mine, of Canadian First Quantum Minerals, in Donoso, Panama, December 6, 2022. REUTERS/Aris Martínez/File Photo
2/2
© Reuters. FILE PHOTO: View of the Cobre Panama mine, of Canadian First Quantum Minerals, in Donoso, Panama, December 6, 2022. REUTERS/Aris Martínez/File Photo
2/2
By Divya Rajagopal and Valentine Hilaire
(Reuters) – Canadian miner First Quantum (NASDAQ:) announced on Wednesday it has suspended the contracts of 7,000 employees at its major mine in Panama due to what it described as force majeure, according to an internal memo to staff seen by Reuters.
The head of the union that represents the Cobre Panama mine workers, Michael Camacho, confirmed the content of the document.
