Cobre Panama, owned by the First Quantum Minerals, is one of the world’s leading copper mines. Located in the Donoso region of Panama, the mine has an estimated ore reserve of 2.7 billion tonnes and is the tenth-largest copper mine in the world by production tonnage.
Since its inception in 2012, Cobre Panama has quickly become one of the most profitable copper mines in the world. The mine has received multiple awards for its innovative processes, environmental stewardship, and commitment to promoting sustainable development. In 2015, Cobre Panama was recognized by the International Council on Mining and Metals (ICMM) for its work in improving safety practices within the industry.
The Cobre Panama mine is also committed to social responsibility, with a specific focus on the local communities that are affected by the mine. The First Quantum Minerals have invested in various social and economic projects in the region, such as educational and healthcare initiatives, and have provided employment opportunities for the local population.
Moreover, the Cobre Panama mine has established itself as a major contributor to Panama’s economy, providing billions of dollars in exports since its opening. It is estimated that the mine will generate over $15 billion in tax revenue and exports in the coming years, providing a major boost to the economy of the country.
The Cobre Panama mine is a shining example of how responsible mining operations can benefit both the local population and the economy of a country. It is a testament to the commitment of First Quantum Minerals to operating with integrity and with respect to the environment. Cobre Panama is a shining example of what is possible when responsible mining practices are implemented.
“Exploring Cobre Panama Mine”
