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Panama's Supreme Court declares 20-year contract for Canadian copper mine unconstitutional

PANAMA CITY (AP) — 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 president said later a process to close the mine would begin.
United States Costa Rica Jean Pierrej Godbout Raisa Banfield Rob Gillies Laurentino Cortizo
Source: wral.com

Pampa Metals Options Copper-Gold Project Along San Juan Porphyry Belt. Historical Unaudited Intervals Include 413.5m from 167 @ 0.47% Cu and 0.52 g/t Au (0.87% CuEq)*

01.12.2023 - VANCOUVER, BC / ACCESSWIRE / November 30, 2023 / Pampa Metals Corp. (PMC or the Company) (CSE:PM)(FSE:FIRA)(OTCQB:PMMCF) is pleased to announce that on November 30, 2023 it entered into an option and joint venture agreement with Compañia Minera ... Seite 1
United States Inmet Mining Corporation First Quantum Anglo American Argentina Due Diligence Pampa Metals

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First Quantum Risks Covenant Breach, Cost Cuts If Panama Shuts Important Copper Mine

(Bloomberg) -- First Quantum Minerals Ltd. could be forced to slow spending next year and face a potential breach of debt covenants if Panama follows through on plans to close a copper mine that generated roughly $1 billion in profit last year. Most Read from BloombergBanking Escapees Make Billions From Private Credit BoomTesla’s Cheapest Cybertruck Will Cost $60,990 and Be Available in 2025Saudi Arabia Offers Iran Investment to Blunt Gaza WarThese Are the World's Most Expensive Citi...
Laurentino Cortizo Shane Nagle Ryan Macwilliam Esteban Duarte Bloomberg Businessweek Supreme Court
Source: yahoo.com

Panama's high court declares mining contract unconstitutional. Here is what happens next - New Delhi Times - India's Only International Newspaper

In a historic ruling, Panama’s Supreme Court this week declared that legislation granting a Canadian copper mine a 20-year concession was unconstitutional, a decision celebrated by thousands of Panamanians activists who had argued the project would damage a forested coastal area and threaten water supplies. The mine, which is now in the process of shutting…
World Bank District Of Columbia United States Marta Cornejo Rolando Gord Rodrigo Noriega

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