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First Quantum Minerals
Trends
- 1Panama panel recommends restarting First Quantum mine for phased closure●Panama panel recommends First Quantum mine restart to fund phased closure
A panel in Panama has recommended restarting First Quantum Minerals' copper mine, arguing its operation could fund a phased, orderly closure of the site. The mine was shut following widespread protests and a Supreme Court ruling against its contract. The recommendation is likely to reignite debate between the government, the company and opponents of mining.
- 2Panama commission recommends reopening First Quantum mine to wind it down●Panama commission recommends reopening First Quantum mine in order to gradually close it
A Panamanian government commission has recommended that First Quantum Minerals' copper mine be reopened, but only so operations can be shut down gradually and in an orderly manner. The mine was ordered closed in late 2023 after a Supreme Court ruling and widespread protests, and the proposal seeks to balance environmental commitments with the economic fallout of an abrupt closure.