Panama govt to pull proposed contract for miner First Quantu

Panama govt to pull proposed contract for miner First Quantum from Congress

PANAMA CITY (Reuters) -Panama's government authorized on Tuesday the withdrawal of a proposed contract to regulate operations of Canadian miner First Quantum's local unit, Minera Panama, from Congress to make changes requested by lawmakers. President Laurentino Cortizo's administration and the Canadian miner had agreed on the text of the contract to operate the key Cobre Panama copper mine in March, but it was awaiting the assembly's approval. "We hope to work together with the company Minera Panama to agree on the phrasing needed to resolve the points indicated by the congress' trade committee," the presidency said in a post on social media X.

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Panama , Cobre , Veraguas , Canada , Canadian , Elida Moreno , Valentine Hilaire , Laurentino Cortizo , Kylie Madry , National Assembly , Reuters , First Quantum , Minera Panama , Cobre Panama , Canadian Miner , Quantum , Proposed Contract ,

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