First Quantum Says Panama Panel Backs Talks on New Cobre Panamá Framework
First Quantum Minerals announced that a Panamanian ministerial commission has recommended authorizing negotiations for a new agreement concerning the Cobre Panamá mine. This potential agreement could resolve pending arbitrations and establish terms for an orderly closure, prioritizing environmental and social concerns.
First Quantum said a Panamanian ministerial commission recommended opening talks on a new agreement for Cobre Panamá that could end pending arbitrations and establish terms for a possible orderly closure, with environmental and social priorities. The company said it is awaiting further steps.