Franco-Nevada Corporation FNV recently announced that its fully-owned subsidiary, Franco-Nevada (Barbados) Corporation (“FNB”), has inked an agreement with First Quantum Minerals Ltd. for additional precious metals stream from the Cobre Panama project for $178 million. FNB has the option to syndicate one third of the transaction to a third party, subject to final documentation. First […]
A new location for bitcoin and cryptocurrency enthusiasts, entrepreneurs, activists, iconoclasts, connoisseurs, and the general public has opened in Panama. It is called the Blockchain Embassy. It is located in the Balboa Boutiques Strip Mall of Balboa Avenue in Panama City. The space has crypto clothing and other merchandise for sale. It has a cafeteria, […]
Between January and July the value of new construction, additions and repairs totaled $1.3 billion, almost 33% more than in the same period in 2016. Although builders have complained about the high costs of materials and labor, and the bureaucracy they face when processing projects, new construction continues to grow. See: “House Sales Prices up 21%” Data from the […]
Creating a brand identity for the tourist area of Río Hato, attracting more airlines and carrying out joint promotional efforts is what hoteliers in the area are proposing in order to encourage the arrival of tourists. Although the strip of beach in the Panamanian Pacific does not yet meet the international standards required to be considered […]
KENYA—I sit on a train, halfway between Mombasa and Nairobi, on Kenya’s brand new Standard Gauge Railway. As we wait for another train to pass on the line’s single track, riders begin to stand up and peer through the closed square windows. Within minutes, a blur of white and orange flies past us, and a […]
My friend sent me this listing of a home that has just been reduced in price. Cerro Punta and the little town of Guadalupe next door are some of my favorite places in Panama. It is I the higher altitudes of the western highlands of Panama and is much cooler than Boquete, especially at night. […]
Well, I can’t wait to see what the official logo looks like. Does anyone know? The Assembly has passed a law creating a distinctive logo for Panamanian products or those manufactured in the country, with the caption “Made in Panama”. From a press release by the Assembly: The plenary of the National Assembly approved, […]
Canadian miner First Quantum Minerals Ltd (FM.TO) said on Thursday it would boost its stake in unit Minera Panama SA to 90 percent in a deal valued at $635 million to increase its copper mining operations. The company, which currently owns 80 percent of the unit, said it signed an agreement to buy a […]
This is a great article from Smithsonian Tropical Research Institute. Be sure to watch the videos at the end. Teak, the most valuable species for tropical reforestation, often performs poorly in the acid soils of steeply sloping land in the tropics. As human population skyrockets and land becomes a scarce resource, balancing tradeoffs between reforestation, […]
The consortiums Hospital Aquiteco, Pro Coclé, Hospital A.T., HAT Panama and HOSPITAL A.T. presented their proposals in the tender to build a new hospital in Coclé, Panama. From a statement issued by the Ministry of Health in Panama: The Ministry of Health (MINSA) held the public event to begin the study, design, construction, equipment, and preventive and corrective maintenance […]