Martinelli Administration Will Exploit Copper Deposits in Cerro Colorado

(Panama-Guide ) By Mary Triny Zea for La Prensa - The potential mine in Cerro Colorado - which contains one of the largest copper reserves in the world - located in the Ngäbe Buglé reserve, will in fact be developed the Government of Panama confirmed. This project, in the same way as the Petaquilla gold mine has been advanced, will allow for further development in some of the poorest areas of the country, which is why the residents of the area should view this project in a good light, said Panama's Vice Minister of Commerce and Industry Ricardo Quijano, who added that there will be no damage as the environmentalists are saying, because Cerro Colorado is already a "barren hill.