First Quantum and Panama’s government have been locked in a prolonged contract dispute with tax and royalties at the heart of the stalemate
The company and Panama’s government have been locked in a prolonged contract dispute with tax and royalties at the heart of the stalemate.
First Quantum’s unit, Minera Panama S.A., will begin a partial demobilization of its work force of over 8,000 employees and contractors and expects the impact to increase significantly in the coming weeks if concentrate shipments do not resume. Panama’s maritime authority last month ordered Minera Panama to suspend loading operations at a major port, blocking exports from the copper mine.Your Globe
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