Panama to allow First Quantum to remove stockpiled ore

Panama will authorize First Quantum to remove stockpiled ore from its closed copper mine. The move follows a plan announced by the president earlier this year.

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The government of Panama is moving to finalize a resolution that will authorize FIRST QUANTUM MINERALS LTD to remove stockpiled ore from the closed Cobre Panama mine. Trade Minister Julio Molto announced on Monday that the Ministry of Commerce and Industries expects to issue the formal authorization by Tuesday, enabling the company to transport the material out of the country.

"Between today and tomorrow within the Ministry of Commerce and Industries we should be generating the resolution that allows the company to start removing this material to be able to take it out of the country."
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