Drill and Deal

News / 2023

· Copper, Risk

Panama’s Supreme Court strikes down Cobre Panamá’s contract

The court unanimously ruled First Quantum’s new mining contract unconstitutional after weeks of protests. The mine, one of the world’s newest large copper operations, was halted.

A protest sign reading “Minería es muerte” in Panama in 2023
Photo: AnyGang, CC0

Why it matters. Country risk can turn a producing asset into a legal claim overnight.

Source
MINING.COM
In the course
Module 10: Risk and jurisdiction