IBOV 173,325.65 ▼ 0.03% IPSA 10,954.04 ▲ 0.52% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,281,979 — 0.00% COLCAP 2,301.34 ▲ 0.13% BVL PERÚ 56,620.35 — — USD/BRL5.07▼ 0.09% USD/MXN17.41▼ 0.03% USD/CLP936.65▲ 0.10% USD/COP3,214▼ 1.28% USD/PEN3.40▲ 0.07% USD/ARS1,476▼ 0.12% USD/UYU40.11▲ 1.23% USD/PYG6,045▲ 1.76% USD/BOB10.80▲ 2.69% USD/DOP58.00▼ 0.34% USD/CRC446.12▲ 1.15% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 0.55% USD/TTD6.73▲ 1.11% EUR/BRL5.79▼ 0.61% BRENT 94.36 ▲ 3.68% WTI 87.27 ▲ 2.78% IRON ORE 161.91 — — COPPER 6.51 ▼ 0.02% GOLD 4,125 ▲ 1.33% SILVER 59.58 ▲ 1.27% SOY 1,232 ▲ 0.98% CORN 482.25 ▲ 6.52% WHEAT 698.00 ▲ 2.95% COFFEE 320.05 ▼ 3.58% SUGAR 14.75 ▼ 0.87% ORANGE JUICE 142.20 ▼ 1.11% COTTON 80.43 ▲ 1.86% COCOA 5,443 ▼ 2.92% BEEF 223.05 ▼ 1.53% CATTLE 344.88 ▼ 2.02% LITHIUM 69.08 ▲ 3.23% PETR4 42.17 ▲ 1.22% VALE3 72.24 ▲ 0.43% ITUB4 42.73 ▲ 0.47% BBDC4 18.67 ▲ 0.65% ABEV3 15.79 ▼ 0.06% BBAS3 21.03 ▲ 0.72% B3SA3 15.31 ▲ 0.92% WEGE3 42.47 ▼ 1.53% PRIO3 58.18 ▲ 0.85% SUZB3 41.75 ▲ 0.29% RENT3 36.63 ▲ 0.22% AZZA3 17.53 ▲ 0.29% CSAN3 3.81 ▲ 0.79% RAIZ4 0.28 ▲ 3.70% PCAR3 2.74 ▲ 0.37% GMAT3 3.85 ▲ 0.52% PSSA3 53.89 ▲ 0.77% CVCB3 1.14 ▲ 1.79% POSI3 3.70 ▲ 0.54% SLCE3 13.75 — 0.00% NATU3 8.72 ▲ 0.11% BRKM5 5.80 ▲ 1.58% RANI3 7.91 ▲ 0.25% CSNA3 5.11 ▲ 0.99% CMIN3 5.62 ▲ 0.72% USIM5 8.49 ▲ 0.35% GGBR4 23.49 ▼ 0.55% ENEV3 25.42 ▼ 0.90% CPFE3 46.51 ▲ 0.24% CMIG4 11.03 ▲ 0.09% EQTL3 38.79 ▼ 0.10% LREN3 13.35 ▲ 0.60% VIVT3 35.98 ▲ 0.50% RAIL3 13.34 ▲ 0.76% KLABIN 17.67 ▲ 0.45% RAIA DROGASIL 18.09 ▼ 0.22% RDOR3 33.93 ▲ 0.03% HAPV3 11.24 ▼ 2.68% FLRY3 16.61 ▲ 0.36% SMTO3 15.70 ▲ 0.77% UGPA3 32.01 ▲ 0.60% VBBR3 34.18 ▲ 0.68% BBSE3 41.68 ▲ 0.31% BPAC11 55.37 ▼ 0.84% CURY3 29.95 ▼ 0.80% AERI3 2.07 ▲ 1.47% VIVARA 21.41 — 0.00% COMPASS 24.71 ▲ 1.10% VAMOS 3.13 ▲ 1.29% SANB11 27.00 ▼ 0.77% ASAI3 8.36 ▲ 1.33% SBSP3 28.60 ▼ 1.31% WALMEX 49.15 ▼ 0.47% GMEXICO 209.54 ▲ 4.34% FEMSA 226.99 ▲ 0.01% CEMEX 22.07 ▲ 0.87% GFNORTE 185.80 ▲ 3.22% BIMBO 59.39 ▼ 0.18% TELEVISA 9.70 ▼ 0.10% AMX 22.76 ▲ 0.09% GAP 378.85 ▲ 0.17% ASUR 274.96 ▲ 0.22% OMA 225.89 ▼ 0.24% KOF 181.05 ▲ 0.13% GRUMA 282.60 ▼ 1.74% KIMBER 38.40 ▲ 0.03% SQM-B 64,540 ▲ 2.25% COPEC 6,450 ▲ 4.03% BSANTANDER 79.01 ▲ 3.84% FALABELLA 5,919 ▲ 0.75% ENELAM 84.53 ▲ 0.50% CENCOSUD 2,028 ▲ 1.66% CMPC 1,084 ▲ 1.67% BANCO CHILE 190.01 ▲ 1.89% LATAM AIR 24.20 ▼ 0.86% YPF 80,625 ▲ 1.80% GGAL 7,965 ▲ 1.53% PAMPA 5,475 ▲ 3.89% TXAR 679.00 ▲ 1.27% ALUAR 973.00 ▲ 1.41% TGS 9,710 ▲ 2.21% CEPU 2,340 ▲ 2.23% MIRGOR 16,775 ▼ 2.04% COME 42.87 ▼ 0.19% LOMA NEGRA 3,605 ▲ 0.91% BYMA 292.25 ▼ 0.51% TELECOM ARG 4,255 ▲ 2.65% ECOPETROL 16.53 ▲ 3.09% BANCOLOMBIA 83.64 ▲ 3.49% GRUPO AVAL 5.09 ▲ 2.83% CREDICORP 391.10 ▲ 1.10% SOUTHERN COPPER 188.01 ▲ 7.39% BUENAVENTURA 31.25 ▲ 3.96% MERCADOLIBRE 1,823 ▼ 0.53% NUBANK 14.39 ▲ 2.86% XP 16.85 ▲ 0.30% PAGSEGURO 9.58 ▲ 3.12% STONE 11.26 ▲ 1.21% GLOBANT 32.10 ▼ 0.59% TECNOGLASS 45.15 ▼ 2.08% GAP AIRPORT 217.68 ▲ 0.26% ASUR 274.96 ▲ 0.22% OMA AIRPORT 104.23 ▲ 0.21% AMX ADR 26.09 ▼ 0.04% FEMSA ADR 130.35 ▲ 0.26% CEMEX ADR 12.70 ▲ 1.68% PETROBRAS ADR 18.54 ▲ 1.92% VALE ADR 14.25 ▲ 1.06% ITAU ADR 8.40 ▲ 0.96% SANTANDER BR 5.40 ▲ 0.56% AMBEV ADR 3.11 ▲ 0.97% CSN 1.01 ▼ 0.50% GERDAU 4.64 ▼ 0.85% LATAM ADR 51.58 ▼ 0.31% BTC 65,559 ▼ 1.42% ETH 1,919 ▼ 0.48% SOL 77.28 ▼ 1.06% XRP 1.14 ▼ 0.59% BNB 570.21 ▼ 0.59% ADA 0.17 ▼ 0.32% DOGE 0.07 ▼ 1.25% AVAX 6.51 ▼ 0.78% LINK 8.60 ▼ 0.51% DOT 0.84 ▼ 1.16% LTC 46.72 ▼ 0.20% BCH 220.88 ▼ 1.26% TRX 0.33 ▲ 0.05% XLM 0.19 ▼ 1.88% HBAR 0.07 ▲ 1.99% NEAR 1.88 ▼ 3.00% ATOM 1.47 ▼ 1.22% AAVE 96.56 ▲ 1.03% SELIC 14.25% EMBRAER 82.76 ▲ 0.13% EMBRAER ADR 65.47 ▼ 0.70% JBS 11.95 ▼ 0.67% JBS BDR 60.22 ▼ 0.94% MBRF3 15.07 ▼ 0.26% MBRFY 2.95 ▲ 1.37% INTER 5.58 ▼ 0.71% EGX 53,932 ▼ 0.11% USD/ZAR16.44▼ 0.19% USD/NGN 1,376 — 0.00% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY163.08▼ 0.06% USD/CNY6.76▼ 0.07% DAX 25,170 ▲ 0.63% CAC 8,453 ▲ 1.08% FTSE 10,739 ▲ 1.45% MIB 52,782 ▲ 0.95% IBEX 19,622 ▲ 1.25% STOXX 647.36 ▲ 0.65% EUR/USD1.14▲ 0.12% GBP/USD1.34▼ 0.49% SPX 7,509 ▲ 0.89% DJI 52,225 ▲ 0.74% NDX 29,155 ▲ 1.93% RUT 2,987 ▲ 1.53% TSX 35,369 ▲ 1.17% VIX 17.51 ▲ 2.70% USD/CAD1.41▼ 0.13% US10Y 4.6340 ▲ 0.13% IBOV 173,325.65 ▼ 0.03% IPSA 10,954.04 ▲ 0.52% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,281,979 — 0.00% COLCAP 2,301.34 ▲ 0.13% BVL PERÚ 56,620.35 — — USD/BRL 5.07 ▼ 0.09% USD/MXN 17.41 ▼ 0.03% USD/CLP 936.65 ▲ 0.10% USD/COP 3,214 ▼ 1.28% USD/PEN 3.40 ▲ 0.07% USD/ARS 1,476 ▼ 0.12% USD/UYU 40.11 ▲ 1.23% USD/PYG 6,045 ▲ 1.76% USD/BOB 10.80 ▲ 2.69% USD/DOP 58.00 ▼ 0.34% USD/CRC 446.12 ▲ 1.15% USD/GTQ 7.62 ▲ 2.33% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.72% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 0.55% USD/TTD 6.73 ▲ 1.02% EUR/BRL 5.79 ▼ 0.61% BRENT 94.36 ▲ 3.68% WTI 87.27 ▲ 2.78% IRON ORE 161.91 — — COPPER 6.51 ▼ 0.02% GOLD 4,125 ▲ 1.33% SILVER 59.58 ▲ 1.27% SOY 1,232 ▲ 0.98% CORN 482.25 ▲ 6.52% WHEAT 698.00 ▲ 2.95% COFFEE 320.05 ▼ 3.58% SUGAR 14.75 ▼ 0.87% ORANGE JUICE 142.20 ▼ 1.11% COTTON 80.43 ▲ 1.86% COCOA 5,443 ▼ 2.92% BEEF 223.05 ▼ 1.53% CATTLE 344.88 ▼ 2.02% LITHIUM 69.08 ▲ 3.23% PETR4 42.17 ▲ 1.22% VALE3 72.24 ▲ 0.43% ITUB4 42.73 ▲ 0.47% BBDC4 18.67 ▲ 0.65% ABEV3 15.79 ▼ 0.06% BBAS3 21.03 ▲ 0.72% B3SA3 15.31 ▲ 0.92% WEGE3 42.47 ▼ 1.53% PRIO3 58.18 ▲ 0.85% SUZB3 41.75 ▲ 0.29% RENT3 36.63 ▲ 0.22% AZZA3 17.53 ▲ 0.29% CSAN3 3.81 ▲ 0.79% RAIZ4 0.28 ▲ 3.70% PCAR3 2.74 ▲ 0.37% GMAT3 3.85 ▲ 0.52% PSSA3 53.89 ▲ 0.77% CVCB3 1.14 ▲ 1.79% POSI3 3.70 ▲ 0.54% SLCE3 13.75 — 0.00% NATU3 8.72 ▲ 0.11% BRKM5 5.80 ▲ 1.58% RANI3 7.91 ▲ 0.25% CSNA3 5.11 ▲ 0.99% CMIN3 5.62 ▲ 0.72% USIM5 8.49 ▲ 0.35% GGBR4 23.49 ▼ 0.55% ENEV3 25.42 ▼ 0.90% CPFE3 46.51 ▲ 0.24% CMIG4 11.03 ▲ 0.09% EQTL3 38.79 ▼ 0.10% LREN3 13.35 ▲ 0.60% VIVT3 35.98 ▲ 0.50% RAIL3 13.34 ▲ 0.76% KLABIN 17.67 ▲ 0.45% RAIA DROGASIL 18.09 ▼ 0.22% RDOR3 33.93 ▲ 0.03% HAPV3 11.24 ▼ 2.68% FLRY3 16.61 ▲ 0.36% SMTO3 15.70 ▲ 0.77% UGPA3 32.01 ▲ 0.60% VBBR3 34.18 ▲ 0.68% BBSE3 41.68 ▲ 0.31% BPAC11 55.37 ▼ 0.84% CURY3 29.95 ▼ 0.80% AERI3 2.07 ▲ 1.47% VIVARA 21.41 — 0.00% COMPASS 24.71 ▲ 1.10% VAMOS 3.13 ▲ 1.29% SANB11 27.00 ▼ 0.77% ASAI3 8.36 ▲ 1.33% SBSP3 28.60 ▼ 1.31% WALMEX 49.15 ▼ 0.47% GMEXICO 209.54 ▲ 4.34% FEMSA 226.99 ▲ 0.01% CEMEX 22.07 ▲ 0.87% GFNORTE 185.80 ▲ 3.22% BIMBO 59.39 ▼ 0.18% TELEVISA 9.70 ▼ 0.10% AMX 22.76 ▲ 0.09% GAP 378.85 ▲ 0.17% ASUR 274.96 ▲ 0.22% OMA 225.89 ▼ 0.24% KOF 181.05 ▲ 0.13% GRUMA 282.60 ▼ 1.74% KIMBER 38.40 ▲ 0.03% SQM-B 64,540 ▲ 2.25% COPEC 6,450 ▲ 4.03% BSANTANDER 79.01 ▲ 3.84% FALABELLA 5,919 ▲ 0.75% ENELAM 84.53 ▲ 0.50% CENCOSUD 2,028 ▲ 1.66% CMPC 1,084 ▲ 1.67% BANCO CHILE 190.01 ▲ 1.89% LATAM AIR 24.20 ▼ 0.86% YPF 80,625 ▲ 1.80% GGAL 7,965 ▲ 1.53% PAMPA 5,475 ▲ 3.89% TXAR 679.00 ▲ 1.27% ALUAR 973.00 ▲ 1.41% TGS 9,710 ▲ 2.21% CEPU 2,340 ▲ 2.23% MIRGOR 16,775 ▼ 2.04% COME 42.87 ▼ 0.19% LOMA NEGRA 3,605 ▲ 0.91% BYMA 292.25 ▼ 0.51% TELECOM ARG 4,255 ▲ 2.65% ECOPETROL 16.53 ▲ 3.09% BANCOLOMBIA 83.64 ▲ 3.49% GRUPO AVAL 5.09 ▲ 2.83% CREDICORP 391.10 ▲ 1.10% SOUTHERN COPPER 188.01 ▲ 7.39% BUENAVENTURA 31.25 ▲ 3.96% MERCADOLIBRE 1,823 ▼ 0.53% NUBANK 14.39 ▲ 2.86% XP 16.85 ▲ 0.30% PAGSEGURO 9.58 ▲ 3.12% STONE 11.26 ▲ 1.21% GLOBANT 32.10 ▼ 0.59% TECNOGLASS 45.15 ▼ 2.08% GAP AIRPORT 217.68 ▲ 0.26% ASUR 274.96 ▲ 0.22% OMA AIRPORT 104.23 ▲ 0.21% AMX ADR 26.09 ▼ 0.04% FEMSA ADR 130.35 ▲ 0.26% CEMEX ADR 12.70 ▲ 1.68% PETROBRAS ADR 18.54 ▲ 1.92% VALE ADR 14.25 ▲ 1.06% ITAU ADR 8.40 ▲ 0.96% SANTANDER BR 5.40 ▲ 0.56% AMBEV ADR 3.11 ▲ 0.97% CSN 1.01 ▼ 0.50% GERDAU 4.64 ▼ 0.85% LATAM ADR 51.58 ▼ 0.31% BTC 65,559 ▼ 1.42% ETH 1,919 ▼ 0.48% SOL 77.28 ▼ 1.06% XRP 1.14 ▼ 0.59% BNB 570.21 ▼ 0.59% ADA 0.17 ▼ 0.32% DOGE 0.07 ▼ 1.25% AVAX 6.51 ▼ 0.78% LINK 8.60 ▼ 0.51% DOT 0.84 ▼ 1.16% LTC 46.72 ▼ 0.20% BCH 220.88 ▼ 1.26% TRX 0.33 ▲ 0.05% XLM 0.19 ▼ 1.88% HBAR 0.07 ▲ 1.99% NEAR 1.88 ▼ 3.00% ATOM 1.47 ▼ 1.22% AAVE 96.56 ▲ 1.03% SELIC 14.25% EMBRAER 82.76 ▲ 0.13% EMBRAER ADR 65.47 ▼ 0.70% JBS 11.95 ▼ 0.67% JBS BDR 60.22 ▼ 0.94% MBRF3 15.07 ▼ 0.26% MBRFY 2.95 ▲ 1.37% INTER 5.58 ▼ 0.71% EGX 53,932 ▼ 0.11% USD/ZAR 16.47 ▲ 0.09% USD/NGN 1,376 — 0.00% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY 163.10 ▼ 0.03% USD/CNY 6.7723 ▲ 0.23% DAX 25,170 ▲ 0.63% CAC 8,453 ▲ 1.08% FTSE 10,739 ▲ 1.45% MIB 52,782 ▲ 0.95% IBEX 19,622 ▲ 1.25% STOXX 647.36 ▲ 0.65% EUR/USD 1.1413 ▲ 0.08% GBP/USD 1.3361 ▼ 0.13% SPX 7,509 ▲ 0.89% DJI 52,225 ▲ 0.74% NDX 29,155 ▲ 1.93% RUT 2,987 ▲ 1.53% TSX 35,369 ▲ 1.17% VIX 17.51 ▲ 2.70% USD/CAD 1.4090 ▼ 0.11% US10Y 4.6340 ▲ 0.13%
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Wednesday, July 22, 2026

Continued Protests in Panama Over Canadian Mining Deal

By · October 31, 2023 · 2 min read

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On October 29, President Laurentino Cortizo announced a public referendum, yet Panamanians continue to call for the termination of a Canadian mining agreement.

On October 30, protests continued for the eighth straight day against Minera Panama, a subsidiary of Canada’s First Quantum Minerals.

Local media and videos show clashes between police and protesters nationwide. In Panama City, thousands marched. They blocked key roads and highways.

Activists argue the mining law is unconstitutional. They also claim it threatens Panama’s sovereignty and the Donoso forest’s ecosystem.

Despite President Cortizo’s attempts to calm tensions with a public vote planned for December 17, protests remain strong.

https://twitter.com/territhrush/status/1719162842216382740

Earlier, Cortizo signed a decree banning new mining projects. Yet, this didn’t include the already-approved First Quantum Minerals contract.

Therefore, citizens and activists continue to protest. They aim to cancel this contract, first agreed upon in 1991, representing 1.5% of global copper production.

Background

The protests are part of a growing trend of environmental and indigenous activism in Latin America.

In Panama, mining has always been a contentious issue. This is not the first time citizens have raised concerns over foreign companies exploiting local resources.

Mining has significant environmental impacts, which is especially concerning for a biodiverse country like Panama.

Continued Protests in Panama Over Canadian Mining Deal. (Photo Internet reproduction)
Continued Protests in Panama Over Canadian Mining Deal. (Photo Internet reproduction)
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First Quantum Minerals is a major global player in copper production. Its involvement adds an international layer to these national protests.

The upcoming referendum puts pressure on both the Panamanian government and the Canadian company.

Depending on its outcome, this could either strengthen or weaken foreign mining investments in Panama.

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