Panama to Allow First Quantum to Remove Copper Ore from Cobre Panama Mine

Published: Apr 7, 2026 18:08

Save

Panama’s government expects to issue a resolution by Tuesday allowing First Quantum Minerals to remove stockpiled ore from the closed Cobre Panama copper mine, Trade Minister Julio Molto said Monday.The mine holds about 38 million metric tons of stockpiled ore, which could yield roughly 70,000 tons of copper. First Quantum has said processing could begin about three months after formal approval and take around a year to complete.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.minsAgo

BC Copper Closed Higher in Volatile Trading as Bulls Added Positions, Hawkish US Fed Tone Cooled and Interest Rate Cut Expectations Rose [SMM BC Copper Commentary]

Common.Time.minsAgo

Common.Time.hoursAgo

Vizsla Copper Corp. Announced Expansion of Drilling at the Poplar Copper-Molybdenum Project in British Columbia

Common.Time.hoursAgo

Ruijin Approves 90,000 Tons High-Purity Cathode Copper Project by Jiangxi Jinna Copper Industry

Ruijin Municipal People's Government Website's Public Notice Column published the "Post-Approval Public Notice on the Construction Engineering Planning Permit for the Annual Output of 90,000 Tons of High-Purity Cathode Copper Renovation Project": Project Name: Annual Output of 90,000 Tons of High-Purity Cathode Copper Renovation Project; Construction Unit: Jiangxi Jinna Copper Industry Co., Ltd.; Construction Location: Extended Area of Changzheng Avenue, Ruijin Economic and Technological Development Zone; Approval Date: April 2, 2026.

Common.Time.hoursAgo