Panama’s High Court Challenges Future of Major Copper Mine

INSUBCONTINENT EXCLUSIVE:
Canadian firm.Since then, First Quantum has been forced to halt production cut-off from vital supplies.Previously, a similar contract faced
(Photo Internet reproduction)Protests have escalated since October 20, involving environmentalists, labor unions, and other groups.They
began after the Congress ratified the new contract with First Quantum, granting it a 20-year mining right with an option to extend.The Cobre
Panama mine is a significant asset for First Quantum, contributing about 1.5% of the global copper production.Critics of the contract argue
it undermines national sovereignty and lacked adequate public discussion before legislative approval.Substantial Business LossesThese
protests have led to substantial business losses, as the National Council of Private Enterprise reported.First Quantum scaled back
agreement and the mine itself.