First Quantum Receives Approval from Panama for Ore Removal at Cobre Mine
First Quantum Minerals Ltd. has announced that the government of Panama has approved the removal, processing, and export of stockpiled ore at the Cobre Panamá copper mine. This decision does not signify a reopening of the mine and will not involve new drilling or blasting activities. The stockpile, estimated to contain around 38 million tonnes of mineralized ore and approximately 70,000 tonnes of recoverable copper, is set to be processed to mitigate environmental and operational risks associated with prolonged storage. The preparation for processing is expected to take about three months.