© Reuters. FILE PHOTO: A general view of Minera Panama owned by Canada’s First Quantum Minerals in Donoso, Panama December 6, 2022. REUTERS/Aris Martinez
PANAMA CITY (Reuters) – The Panamanian government rejected Canada-based miner First Quantum (NASDAQ:)’s legal proceedings to avoid halting operations in the mine it operates, according to a statement from the country’s Commerce and Industry Ministry published Friday.
The mining firm was notified on December 21 of a government order for it to create a plan to halt operations within ten working days, after it missed a deadline for an agreement on increasing its payments to the Panamanian government.
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