First Quantum suspending Operation of Cobre Panama Copper Mine

Apr 8, 2020 09:15

SMM4, 8 Jan: first Quantum received an order from the Ministry of Health of the Republic of Panama to suspend the operation of its Panamanian subsidiary Cobre Panama copper mine as a health control measure for the new crown epidemic until it is convinced that quarantine conditions have been met. The Cobre Panama copper mine is expected to produce between 285000 and 310000 tons of copper in 2020.

Cobre Panama is evaluating ways to reduce all operating costs at the site during epidemic prevention, including emergency labour regulatory concessions for termination of contracts.

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First Quantum suspending Operation of Cobre Panama Copper Mine

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