First Quantum copper mine closure halves Panama's growth
Panama risks losing its investment-grade status after the closure of First Quantum's Cobre Panama mine halved the country's GDP. Read more.
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Panama risks losing its investment-grade status after the closure of First Quantum's Cobre Panama mine halved the country's GDP. Read more.
Panama risks losing its investment-grade status after the closure of First Quantum's Cobre Panama mine halved the country's GDP. Read more.
PANAMA CITY (Reuters) - Panama's economic growth next year is now estimated at about 2.5%, down "in light of new scenarios," Economy and Finance Minis...
Panama has been removed from the gray list of financial crime watchdog FATF, a register which includes countries deemed to be doing too little to combat
(Reuters) -Panama's economy and finance minister on Friday reiterated support for a contract allowing the local unit of Canada's First Quantum to operate a major copper mine despite growing protests demanding its cancellation. "Panama is a mining country," Hector Alexander told Reuters, adding that without the mine, its 2023 economic growth would stand at 1% and not the 6% the government is estimating. Last week, lawmakers gave final approval for an extended concession covering the Cobre Panama