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Terminal News·Council··1 min read

Panama panel recommends reviving First Quantum mine

A Panama ministerial commission proposes reviving First Quantum's copper mine to finance its closure at no cost to the state.

Palanor Wire · composed from 3 outlets · every claim links to its sources

What happened

Cobre Panamá was ordered to shut down after a 2023 Supreme Court ruling. 1 Panama's government commissioned an audit and formed an interministerial commission. 1 A ministerial commission recommends negotiating with First Quantum to reactivate the mine. 234 The proposal aims to finance closure at no cost to Panama. 234

What to watch

The recommendation requires a decision by President José Raúl Mulino. 2

Sources · 4

  • [1]Panama panel backs path to Cobre Panama restart

    MINING.COM

  • [2]First Quantum Updates on Cobre Panamá

    Engineering & Mining Journal

  • [3]Panama commission urges orderly closure of First Quantum’s Cobre mine

    MINING.COM

  • [4]Comisión panameña recomienda reabrir mina de First Quantum para su cierre ordenado

    Rumbo Minero

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