First Quantum says exploring ‘all available legal means’ after Panama operations stopped By Reuters


© Reuters. FILE PHOTO: A general view of Cobre Panama mine owned by Canada’s First Quantum Minerals in Donoso, Panama December 6, 2022. REUTERS/Aris Martinez

MEXICO CITY (Reuters) – Canada-based miner First Quantum Minerals (OTC:) is doing everything possible to support its operations in Panama, “including through all available legal means,” it said Friday in a statement, expressing disappointment in the “government’s unnecessary actions.”

Panama’s government ordered the firm on Thursday to pause operations at its flagship mine after missing a deadline to finalize a deal that would have increased payments to the government from the mine.

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