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A series of protests began in Panama on 20 October 2023 following the immediate approval of a 20-to-40-year mining contract between the government of Panama and First Quantum Minerals, [6] the operator of Cobre Panamá, the largest open-pit copper mine in Central America, placed 20 minutes away from the western coast of Colon Province and within a protected area of the Mesoamerican Biological ...
In 2017, Panama’s Supreme Court declared another contract to operate the copper mine as unconstitutional, forcing the mining company and government to renegotiate the deal.
On Oct. 20, Panama's government approved a contract for First Quantum to operate the copper Cobre Panama mine. In return the miner agreed to pay Panama $375 million a year. First Quantum warns of ...
The Cobre Panama (ex Petaquilla) copper project is run by Minera Panama S.A. and owned by First Quantum and is under study to produce approximately 270,000 tpy of copper. Minera Petaquilla S.A. was a joint venture between Petaquilla Minerals Ltd. of Canada (52%) and Inmet Mining Corp., also of Canada (48%).
Cobre Panamá is an open-pit copper mine in Panama, located 120 km (75 mi) west of Panama City and 20 km (12 mi) from the Caribbean Sea coast, in the district of Donoso, in the western part of the province of Colón. The mine consists of four zones totalling 13,600 ha (34,000 acres). The main deposits are at Botija, Colina and Valle Grande.
Panama will not allow Canada's First Quantum to expand the area of its existing copper mining operations, the deputy environment minister told Reuters, stressing the government's opposition to the ...
It seems that the U.N. Declaration on the Rights of Indigenous Peoples, which was ratified by Panama in 2007, [8] is in conflict with the in 2011 approved Law 8. The U.N. Declaration of Rights of Indigenous Peoples [8] holds that “states shall consult and cooperate in good faith with the indigenous peoples concerned through their own representative institutions in order to obtain their free ...
Panama’s Supreme Court ruled unanimously Tuesday that a 20-year concession for a Canadian copper mine that has been the focus of widespread environmental protests was unconstitutional and the ...