FQM hopes to export copper concentrate from Panama, executive says
ReutersFeb 25, 2025 6:30 PM
PANAMA CITY, Feb 25 (Reuters) - Canada's First Quantum FM.TO hopes to export copper concentrate from Panama as soon as it gets approval from the Panama government, John Dean, general manager at the Cobre Panama mine, said on Tuesday.
Cobre Panama, one of the world's top sources of copper, was shut down in November 2023, hours after Panama's Supreme Court declared its contract unconstitutional.
The stuck copper concentrate at the mine belongs to the company and First Quantum is ready to share the royalties from the sale of those concentrates, Dean said.
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