The Canadian First Quantum Minerals (FQM), parent company of Minera Panamá, the concessionaire of the largest open pit copper mine in Central America, criticized this Wednesday the court ruling that cancels this exploitation because “does not consider the catastrophic financial, social and environmental damage” which, he assures, will cause for the country. The Supreme Court […]
Tag: Panama
Panama President Vows to Close First Quantum Copper Mine After Court Ruling
The president of Panama, Laurentino Cortizo, promised this Tuesday a closure process “neat and safe” of the largest copper mine in Central Americaof Canadian capital, after the Supreme Court declared “unconstitutional” your concession contract. The approval of the mining contract by Congress, on October 20, unleashed the largest protests in Panama since the fall of […]
The largest copper mine in Central America, roots of a conflict
The Supreme Court of Panama declared this Tuesday “unconstitutional” a mining contract, an expected ruling after more than a month of social tension with marches, road blockades, million-dollar losses in the economy and outbreaks of violence. These are the main dates of the crisis around the largest open pit copper mine in Central America, operated […]
Panama: Supreme Court declares “unconstitutional” the mining contract that is the focus of the crisis
The Supreme Court of Justice of Panama declared this Tuesday “unconstitutional” the contract that renewed the exploitation concession of the largest open pit copper mine in Central America, a decision that is expected to end a national crisis and open a front of international arbitrations by the concessionaire, the company Minera Panamá, a subsidiary of […]
Farmers in northern Panama are losing everything in the midst of the mining crisis
“I lost lettuce, cabbage and I am saving the potato because it lasts a little longer, but if there is no opening of the streets, we are also going to lose that production”Elfry Rigoberto Rodríguez, one of the thousands of small producers affected by the road blockades that are disrupting the economy, told EFE. Panama […]
First Quantum mine in Panama stops operating at commercial production levels
One of the main copper mines in Panamarun by Canada’s First Quantum Minerals, stopped operating at commercial production levels, a spokesman said Thursday, after blockades by protesters at a key port prevented the firm from receiving shipments of coal that feeds the site. Operations will resume once the port blockade is resolved, a mining company […]
Panama: hope and uncertainty reign due to legal decision on mining contract
Environmentalists and young people have been camping for days in front of the Supreme Court of Justice (CSJ) of Panama with the “hope” of that body declaring unconstitutional the mining contractepicenter of the serious crisis that has been plaguing the country for a month, thus seeking to put pressure on the judges, who begin a […]
Panama: Canadian mining company warns of possible temporary suspension due to blockades
The Panamanian subsidiary of First Quantum, a Canadian mining company, whose contract with the State to extract copper in an area of abundant biodiversity has sparked weeks of protests in Panamaannounced on Monday that it could suspend its operations because the locks they do not allow them to receive the supplies they need. “If illegal […]
International transportation in Panama loses US$ 200 million a day due to protests
The Logistics Business Council (Coel) of Panama estimated this Monday in US$ 200 million daily losses in the sector international transport due to road closures within the framework of the wave of protests against a controversial mining contract, which this Monday enters its fourth week. “Our future depends on our ability to facilitate the transit […]
Copper mine at the epicenter of the crisis in Panama reduces its processing capacity
The Cobre Panamá mine, the largest open pit mine in Central America, “has reduced its processing capacity” of the mineral before the “illegal blocking” of its port in the framework of the national protests against this enclave, reported this Monday the concessionaire Minera Panamá, a subsidiary of the Canadian First Quantum Minerals (FQM). “Illegal actions […]