Cobre Panama Copper Mine, owned by first Quantum, is expected to achieve full capacity production in August.

SMM7 March 8: first Quantum announced yesterday that it had received notice No. 1651 issued by the Panamanian Ministry of Health "MINSA" on July 3, lifting the temporary shutdown of its Panamanian subsidiary. The Cobre Panama copper mine is expected to reach full capacity in mid-August, and the company will implement a new recovery plan to increase the number of mine personnel in stages, which currently stands at about 800. there have been no new crown cases in the mine since April 30.

New production guidelines for the Cobre Panama copper mine will be issued in late July.

Affected by the Xinguan epidemic situation, Cobre Panama entered the maintenance mode on April 6th.

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