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26 Dec
13:41

First Quantum questions legal basis for Panama closure plan

Canadian miner First Quantum Minerals says the government of Panama has not provided a legal basis for pursuing a closure plan for its Cobre Panama copper mine. Following a ruling by the country’s Supreme Court in late November, First Quantum was ordered to hastily suspend operations at the mine after its contract with the government was declared “unconstitutional.” Kallanish notes that before this ruling, Cobre Panama – one of the largest …
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