A commission has recommended that the government of Panama begin negotiations with First Quantum Minerals regarding the gradual closure of the Copper Mine and a final settlement of the ongoing arbitration process. The commission emphasized that initiating talks does not commit the Panamanian State to any specific outcome. Instead, the goal is to establish the conditions that could form a mutually acceptable agreement. These negotiations aim to protect the interests of the Republic of Panama throughout the process. The commission’s recommendation focuses on finding a resolution that balances the need for responsible mine closure with the financial and legal considerations involved in the arbitration. Ultimately, the government hopes to achieve a favorable outcome that safeguards Panama’s sovereignty and economic well-being in relation to the Copper Mine’s operations. The recommended approach prioritizes a structured dialogue with First Quantum to determine a path forward.

English
Français
Español
हिन्दी
中文