First Quantum Concerned About Planned Protest at Panama Mine

First Quantum’s local unit in Panama has expressed deep concerns regarding the protests scheduled on January 9 to take over its closed copper mine. The company has urged the government to ensure security at the site. The union representing workers at the Cobre Panama mine had previously warned about the plan to invade the site by the SUNTRACS union and an allied group.

Last year, the approval of First Quantum’s contract to operate the lucrative Cobre Panama mine caused nationwide protests. Critics argued that the contract was too favorable to the miner. In November, the country’s top court declared the contract unconstitutional, leading to the government ordering the closure of the mine.

Despite the closure, First Quantum still maintains equipment and workers at the site. The company has assured that the safety of its employees, neighboring communities, and the protection of the environment remain its top priority.

The planned protest highlights the ongoing tensions between the government, mining companies, and unions in Panama. While the closure of the mine has quelled some of the public discontent, the issues surrounding mining contracts and their impact on the country’s resources continue to be a significant concern.

The government now faces the task of maintaining order and ensuring the security of the mine, as well as addressing the legitimate grievances raised by workers and communities affected by mining operations. The actions taken in response to the protests will likely have implications not only for First Quantum but also for the broader mining industry in Panama.

As the situation unfolds, it is crucial for all stakeholders to engage in open dialogue and find a mutually beneficial solution that addresses the concerns of the workers, protects the environment, and supports sustainable economic development in Panama.

The source of the article is from the blog publicsectortravel.org.uk

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