Panama Approves Movement of Stockpiled Ore from First Quantum Mine
The government of Panama has approved the removal, processing, and export of stockpiled ore from First Quantum Minerals' Cobre Panamá copper mine. This decision follows the suspension of operations due to public protests. The stockpile, estimated at 38 million tonnes, contains approximately 70,000 tonnes of recoverable copper. The processing of this material is expected to result in significant deliveries of gold and silver to Franco-Nevada Corporation, a partner company. The approval marks a step towards resolving the legal issues surrounding the mine.