First Quantum

Panama Supreme Court Rules law 406 Unconstitutional


November 28th 2023, La Prensa reported that Panama’s Supreme Court of Justice (CSJ) declared, unanimously, that Law 406 of October 20, 2023, is unconstitutional. 



PRD, Contact law and Minera Panama

The bench of the Democratic Revolutionary Party states they will not endorse bill 766 to approve the contract between the State and Minera Panama, promoted by the Varela administration.

Panama seeks "legal guarantee" for copper mine

Panama announced Thursday that they will submit a bill in order to guarantee the legal security of Cobre Panama, a large copper mine being completed in Colon.

Bloomberg on First Quantum in Panama

As the Canadian copper company First Quantum Minerals Ltd. gears up for their new project, Cobre Panama, Bloomberg weighs in, saying bondholders should benefit.

Panama backs First Quantum mega copper mine

Following a period of uncertainty, it has been announced that the Panamanian government will continue to back the First Quantum mega copper mine project, Cobre Panama.